Demand for Executives Rises Sharply

As corporate growth fueled a soaring economy in 1999,
companies eagerly recruited executives to keep their
expansion on course. A survey of hiring for more than
20,000 executive and senior management positions revealed
overall demand grew by 26%, outstripping 1998’s gain of 19%.
Virtually every industry took part in the hiring binge,
with consulting posting the solitary decline (-5%).

Executive Hiring Rates—by Salary Level Money was no obstacle as companies clamored for high-priced help.

Executive Hiring Rates—by Region Hiring activity was greatest on the West Coast, where head count increased at a rate many times that further east.

Executive Hiring Rates—by Industry New media and technology racked up impressive gains compared with other industries, leaving manufacturers and natural resource producers far behind.

Executive Hiring Rates—by Position Demand for general managers led all position categories, with consultants the only group suffering a decline in hiring.

Source: Executive Talent Demand Index, Exec-U-Net ( www.execunet.com ), Norwalk, Connecticut, 2000.