Hunter Executive Search Consultants leads the way in heavy industries.
In the exciting world of heavy industries encompassing Manufacturing, Engineering, Construction, Infrastructure, Mining & Resources, Energy, Oil & Gas, Defence, Government/Not-for-Profit, Environmental and more, executive roles are vital. The successful recruitment and retention of these leaders play a pivotal role in an organisation’s growth and stability. Hunter Executive Search Consultants, a prominent Australian recruitment firm, has recently conducted a survey among registered executives, shedding light on the diversity and retention challenges faced in these sectors.
“In the dynamic landscape of heavy industries, executive roles are vital for organisational growth and stability. With 78% supporting equal career growth and a call for improvement due to the 33% facing gender bias, our expertise in attracting and retaining top executive talent is more valuable than ever in navigating these complexities,” said Jayde Stokes, a Regional Manager at Hunter. “I am passionate about building diversity across heavy industries, particularly within the executive space as that’s where change starts.”
Key survey findings:
Executive tenure: Out of 377 responses from executives in heavy industries, 35% have been in their current roles for one to three years. This highlights the significance of executive retention. A large proportion of these executives are relatively new in their positions, underscoring the importance of efficient executive search processes to ensure long-term commitment to their roles.
New appointments: The survey revealed that 17% of executives had been in their roles for less than six months. This indicates the constant need for effective recruitment processes to manage the influx of new leaders driving change within these sectors.
Long-term commitment: Only 4% of executives reported being in their roles for more than ten years. This suggests that executive turnover is notably high in heavy industries, emphasising the critical nature of making the right executive placements.
Gender diversity: The survey unveiled a substantial gender gap, with 18% of executives identifying as female. This statistic, though promising, underscores the need for greater efforts to promote gender diversity within traditionally male-dominated sectors.
Job mobility: An eye-opening 73% of surveyed executives are considering changing roles in the next 12 months. This signals a need for organisations to create the right culture for executives, as well as offering competitive salary and benefits, work-life balance, professional development opportunities, a positive company culture, and meaningful relationships with colleagues and superiors.
Equal opportunity: An encouraging 78% of respondents believe that their current employers provide equal opportunities for career growth and advancement regardless of gender. This is a testament to the evolving attitudes towards gender equality in heavy industries.
Gender bias and discrimination: However, 33% of respondents have personally experienced or witnessed instances of gender bias or discrimination at the executive level. This statistic indicates that more work is needed to foster inclusive environments in these industries.
Hunter Executive Search Consultants’ commitment to facilitating executive placements and their remarkable success rate with retained search assignments positions them as frontrunners in the field. In light of the survey findings, their expertise in identifying, attracting, and retaining top executive talent becomes even more valuable, as organisations grapple with these complex challenges.
In summary, the heavy industries rely on skilled, diverse, and committed executives to navigate the evolving landscape. The survey by Hunter Executive Search Consultants highlights the firm’s dedication to addressing these needs. Their impressive statistics in terms of executive retention, diverse placements, and successful search assignments demonstrate their unwavering commitment to making a positive impact on the leadership of heavy industries.