Recruiters See Job Growth Accelerating in 2006

Growth in the executive employment market is expected to reach new heights in 2006, according to a recent survey conducted by ExecuNet, the executive job search and recruiting network.

According to the survey of 140 executive recruiters, the search industry is expecting a 26% increase in the number of assignments received from corporate clients during the first and second quarters of 2006 ñ a significant jump from the 15% rise in assignments that was reported during the first six months of 2005.

During the first quarter of the new year, the following industries are expected to generate the greatest growth in executive-level jobs:

Current Ranking (January 2005 Ranking)

1. Healthcare (#1)

2. Business Services (#4)

3. Financial Services (#3)

4. High-Tech (#5)

5. Medical/Pharmaceuticals (#2)

ìWith the economy on solid ground, business spending is starting to climb, a trend thatís already creating a growing number of new job opportunities in the Business Services and High-Tech industries,î says Mark Anderson, President of ExecuNet. ìThis growth will be a windfall for executives looking to make a job change in the months ahead.î

The functions expected to be in greatest demand in the first quarter of 2006 include:

Current Ranking (January 2005 Ranking)

1. Business Development (#1)

2. Sales (#2)

3. Finance (#5)

4. Marketing (#3)

5. General Management (#4)

ìDemand for Finance executives is on the rise as Sarbanes-Oxley (SOX) compliance continues to generate new job growth ñ especially in the financial services sector,î says Anderson. ìGiven the talent shortage that already exists in this corner of the market, SOX experience or training is boosting the compensation of CFO/VPs and Controllers by more than twenty percent.î

For more information on trends in the executive employment market, visit www.execunet.com/m_trends_rci.cfm.

ExecuNet, a career management and recruiting network for top executives and recruiters, is a recognized authority in executive hiring and recruiting trends. ExecuNet helps members identify career opportunities and attain professional success by providing exclusive job postings, opportunities and tactics designed to expand personal and professional networks, and career advancement strategies.