by Joe Chappell
Jan 7 2013
Q3 2012 Executive Search Industry Stats & 2013 BlueSteps Executive Outlook
Demonstrate Strength in Latin America Compared to Most Regions
Third quarter industry trend statistics released last month by the global Association of Executive Search Consultants (AESC) revealed that while the senior executive search industry experienced a decrease in the number of new searches started worldwide in Q3 of 2012, the quarter-on-quarter data demonstrated an upward trend (+0.7%) in Latin America, the only region that did not experience a quarter-on-quarter decrease from Q2 to Q3. In addition, the just released 2013 BlueSteps Global Executive Outlook Report shows that executives in Latin America remain more positive than most of their global colleagues. Fifty-five percent of executives in Latin America feel positive about the executive job market in 2013, compared to the only 36% of global executives, nearly twenty percentage points higher in Latin America than the global average.
Despite the overall positive forecast for the executive job market in Latin America, the outlook reported by executives in Brazil for 2013 shows significant changes from 2012. Fewer executives in Brazil (the second most positive market in the 2012 report, after India) harbor a positive outlook for 2013 compared to last year, with only 29% of executives in Brazil (compared to 55% in 2012) feeling positive this year. The outlook among executives there has shifted from mostly positive in 2012 to much more neutral, with 57% of executives working in Brazil reporting a neutral attitude for the executive job market in 2013. Still, relatively few executives in Brazil report feeling negative about the executive job market for 2013, with only 14% citing a negative outlook for the year ahead. Furthermore, both executive search consultants and executives worldwide rank Brazil in the top three markets for expected talent shortages in 2013.
The 2013 BlueSteps Global Executive Outlook Report also highlights a positive outlook for compensation among executives working in Latin America in the year ahead, with 67% of executives there expecting an increase in total compensation in 2013, twenty percentage points higher than the global average of 47%.
Complete copies of the 2013 BlueSteps Executive Outlook and the AESC’s Q3 2012 State of the Executive Search Industry reports are available to BlueSteps membersand AESC members. The reports are available to the global media upon request - email Joe Chappell at email@example.com.
About The Association of Executive Search Consultants
The Association of Executive Search Consultants (AESC) is the worldwide professional association for the retained executive search industry. The AESC promotes the highest professional standards in retained executive search consulting, broadens public understanding of the executive search process, and serves as an advocate for the interests of its member firms. For more information, or to download the AESC Code of Ethics and Professional Practice Guidelines, please visit www.aesc.org.
BlueStepsis the exclusive service of the AESC that puts senior executives on the radar screen of over 8,000 executive search professionals in more than 75 countries. Be visible, and be considered for up to 75,000 opportunities handled by AESC search firms every year. Find out more at www.BlueSteps.com.