Over a year after the #MeToo movement exposed several executives with allegations of sexual misconduct, causing their removal from the CEO role, including Harvey Weinstein, Les Moonves, and Steve Wynn, the rate of women taking over the role of Chief Executive Officer in 2018 rose to 22 percent, after hovering at 18 percent in both 2017 and 2016,... more
Challenger, Gray & Christmas Blog
You've updated your resume, determined your skills and capabilities, and figured out the kind of position you want. Now, it's time to spread the word that you're looking for new employment. Seventy-five percent of new positions are found though the "hidden job market," those jobs that are unadvertised but filled through word-of-mouth. While you should continue to apply for jobs... more
Uncertainty in the economy and the stock market, stoked by the government shutdown, legislation, and trade concerns, seems to be spilling into the job search, according to a survey released Tuesday by global outplacement and executive coaching firm Challenger, Gray & Christmas, Inc. While over half of job seekers reported they were employed, up from 37... more
We've encouraged you to have a positive outlook. It's crucial to finding a new position. But before you dive into your search, it's important to determine what you want.
This analysis can motivate you to take action, to get out and find a new, more positive working environment, and reach for what you want. The clearer you are about what is important to you, the more easily you... more
Flu season is officially here, as high instances of flu-like illnesses have been recorded in New York City and 19 states as of December 29th, according to the Centers for Disease Control and Prevention (CDC). While it is difficult for the CDC to predict flu severity, Challenger estimates absences due to illness could cost employers over $17 billion in lost productivity this season.... more
Mary Stager, of Madison, CT, joins global outplacement and executive coaching consultancy Challenger, Gray & Christmas, Inc. as Regional Director. She will be responsible for client relationships and business development in the New York metro and southern Connecticut markets.
With vast experience providing consultative business solutions, Mary has offered insights into... more
A total of 129 Chief Executive Officers left their posts in the final month of 2018, capping the highest quarterly total for CEO changes since Challenger began tracking in 2002, according to a report released Wednesday by global outplacement consultancy and executive coaching firm Challenger, Gray & Christmas, Inc.
Last month’s total is 35.8 percent... more
While December was quieter than the previous three months, as employers at U.S.-based companies announced plans to cut 43,884 workers from their payrolls during the month, the year-to-date total is nearly 29 percent higher than last year and the highest total since 2015, according to a report released Thursday by global outplacement and executive coaching firm... more