Q4 2011 Xtra Effort client hiring activity; including why candidates change jobs

 

 This representative list of recent Xtra Effort client hires includes: 

 

1) Candidate’s motivation for changing jobs

 2) Hiring location

3) The role

4) Compensation, including On Target Earnings

5) Miscellaneous (most often $ quota)

6) The Technology or Service offering

We hope the information helps support your 2012 planning process.

 

Xtra Effort’s observations:

 

  • Change in compensation structure, culture, or executive team (most often related to acquisition, but not always) were the top reasons for change
  • More technology companies are hiring candidates now than in 2010
  • More of the positions are expansion positions
  • Newer companies with $5m+ revenue are attractive to candidates now
  • Companies that have grown to $20m+ from $10m or less in the past few years are attractive to candidates
  • Companies that have been stagnate with $8m – $15m for the past few years (with diluted equity)  are less compelling to candidates
  • Social media related companies are attractive to candidates
  • Employers who take too long to evaluate candidates, lose them
  • Security, Cloud computing, compliance, and fraud prevention solutions are hot
  • 95% of candidates hired in 2011 were employed prior to being hired 

 

 

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