A recent survey conducted by ExecuNet, the executive job search and recruiting network, reveals a majority of employed executives are not happy with their current job and many of the unsatisfied are planning to explore new opportunities imminently.
According to the survey of 505 employed executives, 61% are not satisfied with their current job. Of those who are not satisfied, 77% plan to change jobs in the next six months. The primary reasons why employed executives are looking to move on include:
1. Lack of challenge/personal growth (20%);
2. Limited advancement opportunities (18%);
3. Compensation (13%);
4. Poor company culture (11%); and
5. Boss not a good match (10%).
ìThe revolving door on the corner office is about to pick up speed,î says Dave Opton, CEO and Founder of ExecuNet. ìMany executives were anxiously waiting for the employment market to improve before they started to seek new opportunities and it appears that time has come. Given the stakes, retention will soon be one of Corporate Americaís top priorities.î
The survey also reveals that executives are changing jobs and companies on a frequent basis. Over the past ten years, executives have changed jobs every 2.8 years and companies every 3.5 years.
ìDuring the last fifteen years, weíve been witness to a fundamental change in the relationship between employees and employers,î says Opton. ìIn this market, itís mobility - not stability - that often defines a successful career.î
ExecuNet, a career management and recruiting resource center for executives and recruiters, is a recognized authority in executive career and recruiting trends. It 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.
Founded in 1988, ExecuNet also serves recruiters and corporations as a leading source of top-tier executive talent and proprietary research. For more information on ExecuNet visit:
Retention Crisis Looms As Executives Look To Leave
ExecuNet reveals a majority of employed executives are not happy with their current job and many of the unsatisfied are planning to explore new opportunities imminently
