The classic question, how long will it take me to find a job can be answered most simply with "Longer than you want". Yet the general calculation of 1 month per $10K of your salary tends to be a good guideline. In the 2009 ExecuNet Survey, they tracked executives time to find a new job…
What this points out is that it is taking longer today than it has before, so plan accordingly. The other key factor to consider is that most Executives have really, really, really, strong networks. 73% attribute landing their next job via their well nurtured network.
The other insight to come from this study is the prediction of emerging growth industries (based on search firm assignments).
Healthcare
Clean/Green Technology
Pharmaceutical/Medical/Biotech
Energy/Utilities
Business Services
Guess what else the study found? Finally, there has been a small decrease in salary levels of Executives!
Executive level job search is truly no different than anyone else. That is why this quote is so important:
"You should identify your core competencies, know who you are and sell yourself as a solution," Franzoni counsels. "Efficiency is a competency. Demonstrate to a target company how you can make money and save money and you’ll be a double threat to the competition. Tie ‘green’ into your efficiency methods and you’ll create sustainable career options."
Hannah Morgan speaks and writes about job search and career strategies. She founded CareerSherpa.net to educate professionals on how to maneuver through today’s job search process. Hannah was nominated as a LinkedIn Top Voice in Job Search and Careers and is a regular contributor to US News & World Report. She has been quoted by media outlets, including Forbes, USA Today, Money Magazine, Huffington Post, as well as many other publications. She is also author of The Infographic Resume and co-author of Social Networking for Business Success.
