Any other business
A change is as good as a raise
UK headhunters were asked: how often should a senior executive between the ages of 38-52 change their employer to benefit significantly?
More than half of UK headhunters say that senior executives should change their employer, on average, twice between the ages of 38 and 52 in order to benefit significantly (see chart).
The report compiled by InterExec, which represents senior executives seeking positions paying £150,000 to over £1m, also revealed that
43 per cent of headhunters think that 41-45 years is the best age for a senior executive to be appointed to the board of a listed company. While 17 per cent of headhunters believed 50 and over is the best age to be appointed to the board, 83 per cent of headhunters believe that under 50 is the best age.
Kit Scott-Brown, managing director of InterExec, said: “With 80 per cent of headhunters agreeing that senior executives need to change their employer two or three times from the age of 38-52, it suggests that many executives are hitting a glass ceiling within their company and having to move employer to achieve the best career progression.”
