Can you go a year without a salary or stay in a job where you're not happy? That's about the length of time to find a new executive-level job. Actually, 11.9 months is the combined total of how long the senior-level executive respondents to ExecuNet's executive job market intelligence survey said they have already been searching and how much longer they expect it will be before landing a new role.
Before the depth of the recession in 2007 and 2008, ExecuNet found the expected time in job search was under 10 months. It began to elongate through 2012 and now executives are hopeful that it will drop to just under the one-year mark again.
To shorten your job search time, here are three tips:
- Use job boards for research; use your network to find and create roles. The overwhelming majority of search firm and corporate recruiters reported to ExecuNet that they do not openly post $200K positions on public job boards. However, you can learn about hiring trends and growth patterns from watching what your target companies are posting on job boards. Ask for referrals from your network to contact company decision-makers and request informational meetings to learn more about what's happening on the inside.
What are you doing to help minimize your time in job search?