Following the Government’s first round of austerity cuts, InterExec, the confidential Agent for executives seeking over £150k, is warning that public sector executives face serious challenges finding private sector jobs.
InterExec, which specialises in placing senior executives in jobs in the private sector, warns that ‘senior public sector lifers’ will struggle to find similar positions in the private sector as they are unlikely to be in headhunters’ little black books.
Unlike private sector jobs, public sector positions must be advertised and many executives may, therefore, never have had contact with the UK’s 4000 headhunters who control over 95 percent of positions paying £150,000 or more.
Kit Scott Brown, chief executive of InterExec, commented: “Many senior executives who have had a lifetime in the public-funded sector are not going to have access to private sector positions which are the exclusive domain of headhunters. These positions are almost never advertised and it is highly unlikely that an executive who is currently employed in the public sector will ever get to hear about them.”
