The quarterly Boyden Executive Outlook, has shown that organisations are holding off on hiring Human Resources executives until the right sector-specific executive is found, according to Lisa Gerhardt, Partner, Boyden UK.
The Outlook also shows that HR execs with a strong expertise in employee engagement are increasingly important to ensure a “motivated and engaged workforce”.
Boyden’s findings also explored other sectors such as the Financial Services, and found that overall compensation in the sector is down 25-30%, while in the UK it was noted that select companies are increasing market share in M&A fees.
Eva Kingston, Partner, Boyden UK, says: “We expect intense competition for executive talent in risk, compliance, control and treasury functions in European emerging markets as financial institutions continue to strengthen and ‘upscale’ in these areas.”
