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Survey: Headhunting up on Wall Street

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Percentage of Wall Street professionals who say they have been approached at least once by headhunters since the start of 2010, according to a survey by eFinancialCareers: 72

Percentage of the respondents who indicated the number of calls was substantially or moderately higher than last year: 44

Percentage of respondents who said their current employer hasn’t offered any positive incentives to deter them from moving to another firm: 82

Accounting jobs outlook
Percentage of chief financial officers who said today’s accounting grads might have more success cutting their teeth at smaller companies than at public accounting firms or big corporations, according to a survey developed by Accountemps: 56

When asked what area of specialization they would recommend for newly minted graduates, percentage of CFOs who said general accounting: 60

Economic lessons learned
Percentage of business professionals who are either very concerned or somewhat concerned that there may be a “double dip” in the economy, according to the results of a Deloitte Financial Advisory Services survey: 85

Percentage of respondents who think some cost-cutting measures that their companies implemented to weather the recession will be enforced during the upturn: 63

Percentage of respondents who think their companies will not fully recover from the recession until after 2011: 31

Another recession?
Percentage of Americans who think the U.S. economy could enter another recession in 2010, according to The Wealth Hazards Worry Index: 40

Percentage of people who are confident that no recession will occur in 2010: 28

Praise for performance
Percentage of chief financial officers who said they plan to promote top performers as the economy improves in order to retain employees, according to a survey by Accountemps: 50

Percentage who also plan to raise salaries: 48

Percentage who will do nothing: 24

Family assets
Percentage of active employment-based individual retirement account-plan assets that are owned by families with white, non-Hispanic heads of households, according to a study released by the nonpartisan Employee Benefit Research Institute: 85.1

Percentage of these active employment-based retirement assets that are owned by families in the top 10 percent of net worth: 50

Percentage of all financial assets that are held by these families: 50

Retirement confidence
Percentage of workers who said they have less than $10,000 in savings, excluding the value of primary homes and defined-benefit pension plans, up from 39 percent in 2009, according to the Employee Benefit Research Institute 2010 Retirement Confidence survey: 43

Percentage who said they had less than $1,000, up from 20 percent in 2009: 27

Percentage who say they have confidence in their ability to save enough for a comfortable retirement, the second lowest point in the 20-year history of the survey: 16

Not just rainy-day savings
Percentage of small-business owners who think stockpiling cash is the best strategy for sustaining their business through the current economic climate, according to a survey released by Brother International Corp.: 53

Percentage of business owners who will strive to make their company – including employees, marketing budgets and workspace – more efficient this year: 79

Married versus single income growth
Percentage growth in the median household incomes (adjusted for both inflation and household size) of married men, married women and unmarried women from 1970 to 2007, according to a Pew Research Center analysis of four decades of U.S. Census data: 60

Percentage growth in the median household income of unmarried men during this period: 16

Lower buying power
Percentage of buying power lost by seniors since the beginning of the decade, according to a recent study by the Senior Citizens League: 20

Percentage rise in typical senior expenses since 2000: 58

Idle Thought
“The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom.” – Isaac Asimov, scientist and writer

John MacIntyre is a Nova Scotia-based author and former city magazine editor. His “Figuratively Speaking” column, launched in 1989, is published in more than 40 newspapers and magazines.[[In-content Ad]]


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