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Informed Careers » 2009 »

Archive for June, 2009

Hiring Starting to Improve

Sunday, June 28th, 2009

Our recent market survey and discussions with executives indicates that executive hiring in financial services is starting to improve.  It is the beggining of the uptick in hiring, but the signs are increasingly pointing to further improvements in the fourth quarter of 2009. 

Much of the executive hiring is being done directly by financial firms with the flood of candidates directly approaching them.  However, future executive hiring will increasingly require third party search firms as the internal capacity to handle the critical needs and volume will will tax their abilities.

2010 will see further growth as firms need to support anticipated business growth and they have cut to the bone at this point.  Sometime in 2010 anticipate a significant increase in executive hiring.  Maintaining patience will have its virtues when that occurs for executives seeking greater opportunities.  Stay tuned for more.