As corporate growth fueled a soaring economy in 1999,
companies eagerly recruited executives to keep their
expansion on course. A survey of hiring for more than
20,000 executive and senior management positions revealed
overall demand grew by 26%, outstripping 1998’s gain of 19%.
Virtually every industry took part in the hiring binge,
with consulting posting the solitary decline (-5%). | Executive Hiring Rates—by Salary Level Money was no obstacle as companies clamored for high-priced help. |  | | Executive Hiring Rates—by Region Hiring activity was greatest on the West Coast, where head count increased at a rate many times that further east. |  | | Executive Hiring Rates—by Industry New media and technology racked up impressive gains compared with other industries, leaving manufacturers and natural resource producers far behind. |  | | Executive Hiring Rates—by Position Demand for general managers led all position categories, with consultants the only group suffering a decline in hiring. |  | Source: Executive Talent Demand Index, Exec-U-Net ( www.execunet.com ), Norwalk, Connecticut, 2000. |
