Employed Individuals Seeking New Career Opportunities
New trend of confidential inquiries from currently employed could have significant impact on employers’ abilities to realize their business plans
DALLAS, Feb. 6, 2013 /PRNewswire/ — Executive search and other recruiting firms receive a number of unsolicited resumes every day from individuals seeking their next career opportunity. During the past few years, the majority of these inquiries have come from people who are out of work.
However, in recent months, more employed individuals are beginning to contact recruiters indicating that they are confidentially seeking a new career. A number of articles and surveys have addressed this development, and many of those sources attribute this change to the confidence people are beginning to place in the economy. More people are no longer just happy to have a job – they are looking for something better or different.
Carl Taylor, President of Carl J. Taylor & Co., a Dallas executive search firm, is also seeing this development.
“In the past couple of months, we have been seeing a significant increase in the number of inquiries from people who are employed; however, they believe it is time to explore the marketplace for new challenges, new responsibilities, more money, or other reasons,” says Taylor.
Most of the authors and observers noting this increase in employed professionals’ inquiries consider it to be a positive indicator for the economy. It appears to demonstrate that there is a growing confidence in the future of the recovery and that more people have a sense that career opportunities are growing now or will in the near future.
This trend should also serve as a wake-up call to employers. Due to so much uncertainty in the economy, many companies, departments, and organizations have been running lean. They have been hesitant to replace retiring or resigning professionals, and they have managed to get by with fewer people. However, if voluntary departures increase, many of these organizations may be caught in a bind which could have an impact on their ability to achieve their business plans.
Employee retention programs, succession planning, talent development programs, and evaluation of compensation and benefit programs must be addressed. Furthermore, many employers may need to look closely at their hiring plans to begin to prepare themselves for the possibility of key managers and employees leaving for new opportunities.
Carl J. Taylor is a Dallas-based Executive Search Consultant with over 25 years of experience in the recruitment industry. Carl J. Taylor & Co. has successfully completed challenging search assignments for key Board of Director and Management level positions in