For most of our Commercial Banking and Commercial Finance recruiters, 2023 was slower than usual. High interest rates, demand for deposits, and suppressed credit appetites stifled growth. This year, though firms are still facing the same uncertainties, they are beginning to make some strategic hires. This article is a high-level, brief overview of the current hiring conditions of each sector…
The Life Sciences industry witnessed a tumultuous year in 2023, marked by mergers, acquisitions, and financial setbacks. This upheaval resulted in over 9000 professionals finding themselves unexpectedly in the job market, navigating a landscape shaped by automation and AI-driven hiring processes. As AI embeds itself deeper into the hiring landscape, both job seekers and hirers alike are experimenting with cutting…
JW Heflin is an Equipment Finance and Leasing Recruiter of 8 years, leading the Equipment Finance and Leasing practice at ThinkingAhead Executive Search. Like many other areas of banking and commercial finance, JW’s niche faced uncertainty in 2023, causing him to reflect on the true keys to success in his role and the roles he services. JW likes to say…
Every now and then, we have a client ask us, “why am I not seeing any candidates for my search despite having multiple recruiting firms on the job?” The question comes from the clients who tend to think that recruiting is like fishing. The more lines you have in the water, the more likely you are to catch a fish,…
As we regain normalcy in a post-covid era, some employers are reverting to fully on-site work models. Not all jobseekers, however, have returned to this mindset, and recruiters in our Banking and Commercial Finance Practice are urging employers to approach the conversation with an open mind. With phrases like “we are just an in-person culture,” and “that’s what we have…
While remote productivity may seem a redundant concept to the over 70% of employees who performed remotely at least once per week prior to the impact of the COVID-19 crisis, millions of newfound remotely employed Americans are now struggling to find footing in the professional world now housed in the four walls of their own living room. With the abruptness…
As the coronavirus impact sweeps across the nation with outstanding force, the US job market is facing a declination devastating to businesses and job searchers. A mere month after the US witnessed the lowest unemployment rates in decades, the coronavirus pandemic has left companies scrambling to confront downsizing and the uncertainty of their future. As the effects of the coronavirus…
With the rise of legislation aimed to dismantle the gender pay disparity, US hiring practices and traditional interview structures are facing a new normal in 2020. The Salary-History Ban addresses the predilection of the recruitment process and the assumptions that often accompany previous salary acknowledgments. This regulation prohibits the routinely-asked question of preceding salary and encourages a neutral and nondiscriminatory…
In the season of celebration, Hallmark movies, and ugly festive sweaters, holiday hiring may appear impractical and ineffective compared to the robust and opportunistic pace of the new year. In fact, the month of December has been notoriously recognized as a “holiday hiring freeze” when job searches are limited, candidates are scarce, and budgets are maxed. However, new research shows…
For Sales Division Leader Shayne Merrick, recruiting is anything but ordinary. In his 13th year with ThinkingAhead Executive Search, Merrick has successfully placed over 400 candidates worldwide and laid the foundation for innovative sales recruiting. Growing up in New Palestine, Indiana, Merrick’s competitive spirit was developed through a passion for soccer and in a round-about way led him to Purdue University.…
