Laid Off, Laid Back, or Laid Plans?
Getting laid off is painful, but it is no longer the stigma it once was. Some even see it as an opportunity for a well needed break. It is also a good time to find that next opportunity. So, what are the current trends in layoffs and how can you turn them to your advantage?
Client Landings Rise 15% Against Prior Year in Q1
Client landings have surged 15% in the first quarter over the same period in 2023 at The Barrett Group (TBG). Even more positive is that TBG client interviews with prospective employers are up 30% against prior year—boding well for further landings in the future.
INDUSTRY UPDATE: Financial Services
Financial Services is not the staid and traditional industry of prior generations. There is enormous change occurring both internally and externally. Moreover, it seems to be a growth industry at the moment. Why so much growth and change? And what does it mean for executives?
Are Women Driving the New Business Boom?
Have you noticed how many new businesses have sprung up recently? Women have historically been under-represented among entrepreneurs, but some indicators suggest that is now changing. Female executives are gaining traction in new business creation, and many of those women are benefitting from TBG’s professional support along the way!
Do You Hear the Macroeconomic Message?
Macroeconomic indicators have improved and, with it, so have opportunities for executives! The share of larger and more lucrative executive jobs has increased. There may never have been a better time than now for an executive to take a good look ahead and consider a change.
INDUSTRY UPDATE: Female Executives
The Barrett Group sees progress toward growing acceptance and support for more female executives. In fact, our new CEO, Marion Engelke, is also female. In this Industry Update, we review the data on the women who make things happen at many of the world’s most important companies.
Wheels, Waves, and Wings
Nearly 400,000 executives are active in the transportation segment and they enjoy high hiring demand. While the total number of execs did not change much in the last year, almost 12,000 of them transitioned jobs, often moving from one sector to another.
INDUSTRY UPDATE: Human Resources
The Barrett Group (TBG) believes that there has been an increase in the underlying HR executive population as a response to the post-pandemic economic resurgence. This trend may have been interrupted slightly in 2023 as some positions were trimmed—adjusting the post-pandemic overcorrection. But the future need for HR executives is clear.
Barrett Group Client Landings Surge!
During the first six weeks of 2024 executive clients of The Barrett Group landed their targeted positions at a rate that is 19% ahead of prior year and on par with the post-pandemic tsunami of 2022. More than a dozen signed on to C-level roles—an unprecedented achievement!
Is This Your Career’s Quantum Leap Year?
Is a slow and steady approach to your career bringing you the compensation, recognition, promotion, and satisfaction that you deserve? If not, more dramatic action may be required. It may well be time to make a leap of faith – a big move to another company, another role, another location, or all three!
