HiProFile LLC, an innovative executive placement firm, recently created "HiProFile Advisor," a blog designed to give readers insight into the thinking of employees who are immersed in industry trends and factors guiding senior executives. Recently they have added new perspectives from their diverse staff.
Boston, MA (PRWeb) January 24, 2007 -- HiProFile LLC announces the newest postings to the HiProFile Advisor Blog, a series of articles of interest to the Senior Executive. The site is a forum for our senior executives to pass on their years of experience to the general public. The articles will touch upon all aspects of interest to senior executives, from self-improvement and performance enhancement as a leader, to advice for getting to the next step of your career.The latest posting on the Advisor is "The 2006 CEO Turnover Rate," an article about the record-setting turnover rates of senior level executives by HiProFile Staff Writer, Nick Olds. The article examines the departure rates of CEOs and explains the effectiveness of using senior executive search firms to network. Below is an excerpt from the piece:
"According to a recent survey, as of November 2006, the number of departed senior-level executives was up to 1,347 this year (11.75 per business day), making 2006 officially the largest senior executive turnover year on record. Another survey, conducted by Booz Allen Hamilton, shows that North America alone is currently at a 16.2% turnover rate of senior level executives, almost a full percentage point higher than the global average (15.3%). In fact, since 2005, North America has experienced a record level of performance-related turnover, with 35% of all its departing CEOs leaving involuntarily, 28% of whom were on the job fewer than 3 years. And with salaries and severance packages for senior level executives increasing every year, their departures are costing businesses millions."
Another recent posting to the site is "There are Lies, Damn Lies- and Statistics," an article about the confusion about differing employment statistics by HiProFile Sr. Director of Communications, Hal Bent. This article discusses the statistics from national and local organizations regarding employment. Below is an excerpt from that piece:
"Some recent hiring news I came across shows some interesting and relevant data. The newsletter I read trumpeted it with a title of Employment Outlook Steady for First Quarter of 2007. It added that:
'The most recent Manpower Employment Outlook Survey found that the New Year will begin with a steady hiring pace. The survey conducted quarterly by Manpower Inc., Milwaukee, reports that 23 percent of employers expect to add to their payrolls during the first quarter of 2007, while 11 percent expect to reduce staff levels. Sixty percent expect no change in the hiring pace, and 6 percent are undecided about their hiring plans.'"
You can find the HiProFile Advisor at http://HiProFileAdvisor.blogspot.com/. The opinions expressed by the company's bloggers do not necessarily reflect the views of HiProFile LLC, but instead give readers insight into the thinking of employees who are immersed in industry trends and factors guiding senior executives.
Since beginning in 2002, HiProFile has established relationships with organizations throughout New England needing to fill positions at the $100-400K base salary level. Unlike outplacement firms or "headhunters," HiProFile carefully selects its member companies and the executive candidates provided to them. In other words, the firm maintains a "by invitation only" policy regarding member companies and executive talent and does not advertise to solicit either. Additional questions or information should be directed to Nick Olds, Director of Communications.
Press Contact: CHRIS ADAMS
Company Name: HiProFile LLC
Email: email protected from spam bots
Phone: 617-345-0007
Website: http://www.hiprofilellc.com
Press Release Source: EMediaWire