Many of you have already received our salary survey for H1 2009 which indicates that compensation levels are down to 2006/2007 levels, which is not surprising given that compensation levels (along with real estate prices!) seemed to be rising by the day last year during 2008.
At the same time, we are finding that many candidates are no longer focused on simply, "how much money am I going to make?" Based on our candidate feedback, money is now #4 on most everyone's wish list. #1 is corporate culture fit, #2 is work/family balance and employee benefits, and #3 is professional growth. The only exception is for 'hunter producers'...their #1 motivation remains,"how much money can I make and how much wealth can I create". Hurray! What would the world be without producers?? After all, who do you think pays the bills?
In the executive search business, summers are usually a slow time to revise business plans, etc., but we have three of our top four clients with the pedal on the metal to find top-shelf talent to bring on board in Q4 as they are already experiencing signs of an uptick in business - hey, let's keep our fingers crossed!
And pls let me know if you did not receive a H1 Salary Survey for insurance brokerage professionals in the WDC metro area. rob
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