14 Points Year-Over-Year

According to ExecuNet’s August survey of 265 senior-level executives, 46% are “confident” or “very confident” the executive employment market will improve during the next six months, an 8-point spike over July and 14 points higher than August 2006. Short-term confidence (next three months) rose 6 points to 43% of executives indicating they are “confident” or “very confident” that there will be improvement, representing an 11-point year-over-year increase.

“The executive confidence levels show no sign of abating, and the optimism bodes well for end-of-year hiring activity. Additionally, 28% of executives reported that there was improvement in the last 30 days in the overall conditions of the executive employment market,” notes Mark Anderson, president of ExecuNet.

In ExecuNet’s August companion survey of 134 executive recruiters, 55% are “confident” or “very confident” the executive employment market will improve during the next six months — down from 69% in July.

In the shorter term, 65% of executive recruiters are “confident” or “very confident” the employment market will improve in the next three months — down from 74% in July. During this period of time, the executive recruiting industry is expecting a 20% increase in the number of assignments received from clients.

Source: www.execunet.com

Used with permission from ExecuNet.