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When Decision Makers Take Action

Posted On 03 Sep 2008
By : Thomas
Comment: 0

The 2008 MobiCadres study highlights the primary motivations driving senior executives when deciding to leave their current roles.

Are decision-makers fickle or loyal? The 2008 edition of the MobiCadres study (published by Nomination in partnership with the outplacement firm Oasys Consultants)—regarded as the industry benchmark in France—gathered the perspectives of 4,675 “decision-makers” regarding their career trajectories.

The survey reveals that, on average, individuals remained in their previous roles for only 3.4 years. With a 33% mobility rate, decision-makers within sales departments exhibit the highest level of turnover. This trend is particularly pronounced in the most competitive sectors (consulting, ICT, etc.), which have experienced the highest turnover rates—at least up to this point.

The study also confirms that mobility primarily affects a younger demographic (decision-makers under 40 have the highest mobility rate).

When examining what drives an individual to change positions, the prospect of more attractive compensation ranks only third. It is the potential for career advancement and the opportunity to expand one’s “skill set” that truly makes the difference.

It is also worth noting that an overwhelming majority (73%) of job changes are initiated by the individual rather than the employer.

When experienced as a positive transition, mobility also influences how executives view their previous roles: the outlook is quite positive in the case of internal mobility, though slightly less so with external moves.

Finally, regardless of corporate retention efforts, mobile executives enjoy change: 47% of “mobile” professionals state they are ready to move again in the medium term.

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