Greenwich, CT, September 22, 2011 --(PR.com
)-- The results of a recent survey on Executive hiring indicate the selective growth that had been occurring earlier this year is slowing and that the impact of the recent political, economic and stock market turmoil had dimmed executive hiring prospects even more. Over 50% of companies have announced, begun, or are planning executive hiring reductions, layoffs, or freezes due to the recent market turmoil according to the survey. This is across most industries and functions with consulting and professional service businesses as well as sales and marketing functions remaining the strongest for executive hiring.
While 52% of firms are still selectively pursuing executive hiring at this time, about one third do not expect executive hiring to rebound until mid 2012 while another third do not expect any increases until 2013 and beyond.
Claymore Partners is an executive search and consulting firm headquartered in Greenwich CT. Their Executive Talent Market survey was conducted online with 433 executives from September 9th to 12th and is the seventh survey in their series over the last three years. Please contact Steven Landberg, Managing Director, at slandberg@ClaymorePartners.com if interested in a copy of complete survey results and trends during this dynamic time period.