Stanton Chase Finland – CEO Census 2012Expert Opinion, Featured Monday, June 4th, 2012
Stanton Chase Helsinki launched the Stanton Chase Finland CEO Census 2012.
In order to examine and analyse the top level recruitment markets Stanton Chase has completed surveys of C-level executives in several countries around the globe, Austria, Czech Republic, United Arab Emirates to name a few, and now the same was conducted in Finland too. Stanton Chase carries out these C-level executive surveys in order to examine the general economic trends and the executive job market
The survey was sent to over 700 executives and responses were received from over 100 C-level executives.The survey consisted of 27 questions in four different categories; general economic prospects, executive job market and placement, company strategy and general information of respondents. The participants in the survey come from wide range of industries; professional services, industry, consumer goods, life sciences, technology, public sector and financial services. Majority of the respondents were in the age group 40-55 and have been in a management position for over 10 years.
The three most important findings of the survey are:
1.Cautious optimism: Finland’s top executives signalled good expectations for the next 12 months. Large majority have somewhat optimistic or optimistic view on Finland’s economic prospects, and two thirds expect it to be sustainable. Hence the atmosphere affecting investment and recruitment decisions is cautiously optimistic.
2.High level of willingness to move jobs: Over 80 per cent of respondents are open to suggestions or actively seeking new employment opportunities. This is a significantly large number, and the major reason in changing jobs for C-level executives is dissatisfaction with management. This result is in line with other CEO surveys conducted by Stanton Chase in other countries.
3.Unwillingness to relocate internationally: Despite a globalizing world, increasingly global markets and international growth opportunities, majority of respondents do not value international relocation as major factor when considering change in employment. This is in line with findings of Executive Search Consultants on the field; top executives are often married to highly educated spouses with children – finding equal opportunities for families when relocating internationally is challenging.