Senior Executives Challenges in the Job search
Senior executives find it difficult to find an alternative job. The scenario is similar globally for all Senior Executives seeking a job change.
I think that life is difficult. People have challenges. Family members get sick, people get older, and you don’t always get the job or the promotion that you want. You have conflicts in your life. And really, life is about your resilience and your ability to go through your life and all of the ups and downs with a positive attitude.
Jennifer Hyman
Most people think that finding a job is a piece of cake for senior-level executives once they leave an organisation.
Snippets of a Senior Executives job search frustrations.
- Time loss
- Family peace and Money lost.
- The similar hierarchy job with similar perks is nit easy to get.
- The hardcore competition from the younger generations is sickening for Senior Executives.
- The health hazards in the older age is another hurdle to be on the winning edge.
The path for job search for Senior Executives is quite painful
They are gravely mistaken. Senior executives, including CEOs, President, Directors and other professionals, face unique challenges when attempting a career transition at such a high level. It can probably take about eight weeks for them to find their next gig.
There are a lot of reasons potential candidates for executive positions are frustrated and struggling in their job searches. Given below are some of the biggest challenges they seem to be facing today.
“Success is walking from failure to failure with no loss of enthusiasm.”
Winston Churchill
High-end jobs for Senior Executives are harder to find
“I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.” –
Michael Jordan
Searching for a high-level opportunity can be highly frustrating as they might find it hard to come across similar roles that pay the same or higher compensation. There are fewer vacancies in the companies as most of the top executives tend to stay put in their positions.
The higher the level, the scarcer the opportunities become. So there are only a handful of opportunities available.
- Senior Executive-level jobs often filled internally
If an internal candidate who is working with the company for several years will be already in line for the top positions. As they are in the company for a long quiet time, they know the working process intimately.
They have experience working with the company, and their abilities are well-known, so the company will prefer them instead of taking the risk of bringing in an outsider for such a prominent position.
Due to all these reasons, most of the employers do not want to spend the money to search for an outside senior executive
- More competition for Senior Executives Jobs
Even though there are multiple senior-level positions, there is usually one higher-level role in a company.
As there will be only one CEO, COO, or President, the openings for high-end jobs will receive wide coverage, and therefore, attract people from all over. Senior-level job seekers must learn how to rise above the rest; memorably differentiating themselves from the competition.
- It’s a lengthy process for Senior Executives jobs selections
As it is a senior-level post, a candidate must crack a lot more procedures than hiring any other internal position in the company.
Hiring someone at this salary level often requires more time to avoid costly mistakes of recruiting a poor choice.
A talented senior executive is pivotal to future business success. So, the approval process can take a lot of time and cause a lot of frustration.
You can anticipate to interview with a lot of members of the senior staff of the company, and you may need to get sign-off from the board if the new gig is at a publicly-traded company.
Job hunting can be a tedious task, which requires advanced planning. If you plan and prepare well considering the difficulties, your search will be considerably less challenging.
By gaining a better understanding of the particular challenges they face, and implementing solutions for it, you can dramatically upgrade your job search results.
Significantly decrease the levels of anxiety and frustration. Then you can consistently land on a wonderful, new job!
“Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan press on has solved and will always solve the problems of the human race.”
Calvin Coolidge
