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Qualified executive talent is becoming harder and harder to recruit. The U.S. Department of Labor states that California’s unemployment rate is 4.3 as of February 2018, an all-time low which has dramatically impacted the scarcity of available talent.
Current national data indicates that the average search time to secure an executive is taking between five to eight months, depending upon the complexity of the search. Human resource executives in companies are now recognizing that applying a short-term structure to a long-term goal is counterintuitive and misaligns the interests of both parties. This new reality has placed tremendous pressure on the contingency search approach. Data indicates that less than 40% of the searches conducted are completed. This is because of the time it takes to identify, cultivate and recruit the executives and to begin the new position.
At i Consult CEO, we invest in our clients. The word, “retain”, by definition, means to continue to have (something); not discard, or alter, keep in one’s memory. Simply put, we’re invested in building relationships, not a one-time exchange.
i Consult CEO provides Interim Operational Executives, effective business consulting, and strategic planning for businesses looking to increase revenue intake and achieve greater success. We have more than 20 years of experience working with all phases of most industries and our review process helps organizations navigate through adversity. Our consulting provides solutions to your business challenges.
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