Pulse On the Market 12.23.2009

PULSE ON THE MARKET

The year has been a real roller coaster, but in the fall we began to see a move by companies toward adding back some middle to senior level management. This has been a welcome change from early this year when companies eliminated levels of management and hunkered down with fewer people to maintain the business. The trend seems to be to hire selectively without multiple levels of senior management.

We are hearing the same scenario from senior level folks who have been in the market this year, colleagues in recruiting and corporate clients.

One of our candidates had a good analogy. At the beginning of the year, everyone was walking around with their fists clenched and now, while they are not wide open, they are more relaxed.

Let's hope the trend continues in 2010.