Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Under the Radar: Global executive search industry grew 17b euros between 2012 and 2021; Impact of tech layoffs and current economic climate on supply of available talent; Demand for headhunting services amid rising rates and collapse of Silicon Valley Bank; Whether the recent US banking crisis would push workers to move to seemingly harder to fail financial services firms and impact on executive search players; Trends in the global executive search industry
The Great Resignation is a term that we’ve heard a lot over the past year.
The term, which was coined in May 2021, described the phenomenon where workers quit their jobs after deferring their decisions to do so early on in the pandemic.
There’s a reason why I’m bringing this term up again - because the hiring scene is what we’re going to talk about on the segment today.
According to Statista, the global executive search industry grew some 17 billion euros between 2012 and 2021. But how sustainable is this trend amid the current state of the current economy, and what does this mean for headhunters?
Also - what does the ongoing series of tech layoffs and the banking crisis in the US mean for companies in the executive search industry?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Sam Belcher, Managing Partner, Asia Pacific, and Katherine Ho, Executive Director, Corporate Governance, Financial Services at The Edge Partnership for more.
