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2© BPI2
©BPIgroup
BPI group has established this Executive Employment Trends Report to offer visibility into the current
executive job market. We are committed to quality and results in our outplacement programs, and believethat keeping a careful eye on trends in the market is an important way to ensure that we are meeting the
needs of our career transition clients. The findings of this report are based on a survey of our executive
clients who began their job search from Q1 2015 through Q2 2016.
The Executive Employment Trends Report includes analysis of the following executive employment trends:
– Average length of the executive job search– How the length of the job search is impacted by various factors, including:
• Base Salary Level
• Education Level• Age
We look forward to continuing to share the latest trends in executive employment. If you would like to learn
more about our approach to executive outplacement services, please call +1.800.323.0206.
Executive Employment Trends Report Q3 2016
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Q3 Reflections on Executive Employment Trends
We pride ourselves on how quickly our executive clients find new positions. It is always rewarding to see our support translate to
results that consistently exceed national averages, industry norms, and most importantly, the expectations of our clients. In this
quarter, our executives spent an average of 4.3 months in the job search, well lower than the national average of 6.3 months1
.
Length of the job search is important to us because it is important to our clients, but it is certainly not the only factor that counts,
and not how we measure our performance as a firm.
At BPI group, we work to help our clients find the best outcome for them, on a timeline that meets their personal goals and unique
circumstances. Not everyone transitions to a new position within an organization; in fact, 12% of those surveyed this quarter
decided to start their own businesses. Of those executives who started a new job with an organization, 81% reported a
compensation package that met or exceeded their previous position. These results underscore our philosophy on outplacement, as
not only support in finding a new job, but an opportunity to reflect, develop your career strategy, and take the best next step
forward.
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
Patricia Siderius
Managing Director, Executive Outplacement Services
[email protected], +1.630.613-63731
Bureau of Labor Statistics, U.S. Department of Labor. “Table A-12. Unemployed persons by duration of unemployment.” http://www.bls.gov/news.release/empsit.t12.htm
By analyzing and publishing this executive job search data, we gain tremendous insight into our
clients’ experiences in the market, and how we need to adapt to best serve them. While the datais useful, I admit I am much more moved by the individual stories behind each of those data points,which simply cannot be captured in a report. From the adventurous executive who moves cross-
country for an exciting new role at a startup, to the seasoned leader stepping out to launch herown business, each client’s goals and journey are unique – and it is their definition of success to
which we are so passionately committed.
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About Our Executive Outplacement Clients
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
This report is based on survey responses
from a sample of BPI group’s executive
outplacement clients, representing:
– 140 executives, comprising 93 men and
47 women
– 22 states
– 30 companies
All executives surveyed began and
completed their career transition with BPI
group between Q1 2015 and Q2 2016.
Accounting/Finance/Insurance 12%
Biotech/R&D/Science 4%
Business/Strategic Management 13%
Education/Training 2%
Human Resources 4%
IT/Software Development 6%
Legal 5%
Manufacturing/Production/Operations 15%
Marketing/Product 16%
Medical/Health 3%
Quality Assurance/Safety 8%
Sales/Retail/Business Development 12%
Executive respondents represent a
diverse array of occupations:
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Executive Outplacement Program Outcome
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
85% of our executive clients chose to
seek a new job within an organization,
and 12% of the cohort decided to launch
businesses of their own. Of executives
surveyed this quarter, 3% decided to retire.
85%
3%
12%
Executive Outplacement Program Outcome
Landed newemployment
Retired
Started newbusiness
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Length of Job Search
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
Executives spent an average of 4.3 months in the job search - slightly more time than the previous quarter’s
average of 3.5 months. This was less time than the national average reported by the Bureau of Labor Statistics, of
4.8 months for those in executive roles in Q2 2016, and much less time than the 6.3 month job search length
among the general U.S. workforce.
Salary at the new job:
• 58% rated the compensation at their new job
as Better than that of their previous job
• 23% rated the compensation at their new job
as the Same as that of their previous job
• 19% rated the compensation at their new job
as Less than that of their previous job 70%
23%
2%5%
How Executives Found their New Job
Networking
Search Firm
Other
Internet
Source: Bureau of Labor Statistics, U.S. Department of Labor. “Table A-12. Unemployed persons by duration of unemployment” http://www.bls.gov/news.release/empsit.t12.htm and
“Table A-37. Unemployed persons by occupation, industry, and duration of unemployment.” http://www.bls.gov/web/empsit/cpseea37.htm
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Base Salary
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
Key Takeaway: Most of the executives surveyed this quarter reported an annual base salary of $150,000-$250,000. As in
previous quarters, this group also landed at a faster average rate than those in other salary brackets. The 9% of surveyed
executives making over $250,000 as a base salary took an average of 6.2 months to land a new position.
19%
72%
9%
Survey Sample: Base Salary Range
$75,000 -$150,000
$150,000 -$250,000
$250,000+
0
1
2
3
4
5
6
7
$75,000 - $150,000 $150,000 - $250,000 $250,000+
Mo
nth
s
Average Time to New Job by Base Salary Range
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Education Level
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
Key Takeaway: The majority of executives surveyed held a Master’s degree. While typically those with advanced degrees
land new positions faster, this quarter we found that those with Master’s degrees took slightly longer to land new positions -
an average of 4.4 months. Those with Bachelor’s degrees landed in an average of 4.2 months.
1%
36%
60%
3%
Survey Sample: Education Level
Some College
Bachelor's
Master's
Ph.D
0
1
2
3
4
5
Some College Bachelor's Master's Ph.D
Mon
ths
Average Time to New Job by Education Level
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Age Group
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
Key Takeaway: The vast majority of those surveyed were between 41-50 (52%) or 51-60 (41%) years old. These two
demographics landed new positions at roughly the same rate, an average of 4.2 months. Executives between 31 and 40
years of age, representing 6% of the survey sample, took an average of 5.8 months.
6%
52%
41%
1%
Survey Sample: Age Range
31-40
41-50
51-60
61+
0
1
2
3
4
5
6
31-40 41-50 51-60 61+
Mon
ths
Average Time to New Job by Age Range
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About Executive Outplacement Services
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
BPI group offers a local boutique touch with a global network of resources
to ensure long-term career success for our executive outplacement clients. In addition to job search coaching, clients may also choose to focus on
entrepreneurial ventures, preparing for retirement, or other work
alternatives.
Each client works with a personal career coach to develop a customized,
winning services plan, helping them to:
• Focus on developing the next step in their career, leveraging assessment
tools and professional consulting to establish short and long-term career
direction.
• Learn how to effectively job search and thrive in the new world of
work.
• Search for the next opportunity, be it a new job, a business acquisition
or start-up, or a part-time career.
• Connect to high-quality job opportunities, through technology, a team
of job developers, social networks, in-person networking events,
personal introductions, and direct placement activities.
• Succeed in their new role, by developing a 90-day onboarding plan.
Interested in learning more?
Call +1.800.323.0206.
My coach provided a sounding board, someone I could vent to, support, compassion, and most importantly, sound, pragmatic
suggestions and solutions...[my coach] is simply the best.
- Gary, landed as Chief Executive Officer
at an energy service solutions company
A weekly session with my coach was a great shot in the arm, as
he provided me with useful guidance, support, and an opportunity to laugh while reminding me that I’m on the right
track…I couldn’t be more pleased with the professional and
personal support I received from BPI group. I felt very fortunate
when I compared notes with colleagues of mine who did not work
with BPI group.
- Matthew, landed as Vice President of Marketing
with a manufacturing holding company
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About BPI group
EXECUTIVE EMPLOYMENT TRENDS REPORT Q3 2016
We are global management and human resources
consultants focused on helping individuals and organizations navigate change.
Align + Engage
We help build optimal structures and get people engaged in their roles.
DevelopWe inspire individuals and teams to achieve
maximum performance.
Transition
We help individuals and organizations make the
most of change.
Connect with us at www.bpi-group.us to
learn more.