Investment industry professionals are upbeat about their careers, their firm and their compensation, but strong job satisfaction is making it even more challenging than in years past to recruit talent in 2017, per the 8th Annual Executive Survey from Kathy Freeman Company, a national, retained, executive search firm.
The report, Disruption & Opportunity: Navigating in a Rapidly Changing Market, found that only 39% are open to considering a new opportunity in 2017 – the lowest percentage since the survey began in 2009. However, the research also found that M&A activity may create one of the best opportunities to attract talent in 2017.
"Many executives are reluctant to switch firms in 2017 – more so than in any other year since we've started the survey," said Kathy Freeman Godfrey, President of Kathy Freeman Company. "Firms will need a comprehensive approach that includes excellent compensation, opportunities for professional growth, and concise corporate messaging that highlights their firm's positive culture to attract and retain top talent. Ongoing industry consolidation can ignite a willingness by those affected to consider other opportunities. This is a unique window to recruit from in an otherwise very tight market for top performers."
This year's report identifies five macro trends that are defining the hiring environment in 2017 and offers recommendations to firms seeking to attract and retain executive talent. Please click here to download the 8th Annual Executive Survey.
SOURCE: Kathy Freeman Company