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New York City Job Market Update

Newsletter for LHH New York City office (Go to: http://www.esnips.com/web/LHHNYCJMC) April 16-30, 2007

In This Issue Due to technical difficulties we make apologize for missing the
• Job Market Intel previous edition deadline. Hopefully, we’ll now stay on track…

• Career Events
• Networking Events “JMC Live”: features current local job market info each
• JMC Job Search Tips month in a lively interactive forum. Stay tuned to the
office calendar and this space for the May event which is
Also Included scheduled for May 9 at 10:30AM…
• Useful Web Sites
• Media Resources
Job Market Intel
• Blue Steps
• Network of Experts Economists Turn the Page
The housing market has been keeping economists up at night for a long time now,
• Job Lead Sampler
but insomniac dismal scientists are wearing out the floorboards over a new worry
these days: weak business spending. According to a survey by WSJ.com, more
Get Your Copy than half of respondents ranked business outlays as their biggest or second-
NYC Job Market Update biggest concern about the outlook. Housing was cited by 11 economists, while
available online at: eight are piled in the same boat as the Federal Reserve -- that is, worried about
http://www.esnips.com/web/LHHNYCJM
C Access the latest and
inflation. With that backdrop, the economists wrenched down their estimates for
back editions. Copies are growth in each quarter of this year. On average, they now expect 2% growth for the
also available in the first quarter and 2.2% during the second quarter, down from 2.3% and 2.4%,
common areas and from respectively, in a survey conducted in March. The group also cut their forecasts for
your consultants… If you home prices, and raised inflation views.
have information to
submit, contact Rod
Williams at
rod.williams@lhh.com or
212.455.8583. Thanks in
advance!
From Execunet:
CRN SpotLight ExecuNet Exclusive: What Companies Are Really Seeking In
Executive Candidates
Check out the approximately Leadership skills, functional or technical expertise, and industry-specific experience have again
150,000 jobs on LeadLink topped ExecuNet's annual survey of corporate employers about the most critical characteristics and
and don’t forget to keep your skills they're seeking in prospective senior-management hires. ExecuNet's 15th annual Executive
Job Market Intelligence Report has tracked corporate responses to that question, and this year's
resume updated on Resume research again confirms that the most important candidate qualifiers have changed little in the
Reserve. New employers history of the survey. Leadership, the top response, is really in the eye of the beholder; but the
and recruiters are added and most common corporate descriptors of leadership include the words, "vision," "communication,"
are searching daily. "strategic" and "results."

Access both on the web at:


Executive Pay Packages Expand as the Talent Pool Shrinks

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www.lhhcrn.com.
According to a recent survey of 257 executive recruiters conducted by ExecuNet, 71% say the war
for talent is more intense today than just one year ago, and 67% believe there is currently a
Blue Steps shortage of qualified executive talent in the market. Amid this growth in executive-level
employment opportunities, compensation packages are becoming larger.
We have negotiated a 20%
Compensation Data for Executive Hires
discounted rate for LHH clients 2006 Compared to 2007
with Blue Steps the executive Percent of Packages
Percent of Packages
search web site owned and Element Percent Change
2006
operated by the AESC 2007
(Association of Executive Non-Compete Agreement/Contract 32% 48% -50%
Search Consultants) which is Guaranteed Severance 26% 37% -42%
their professional organization Stock Options/Equity 36% 47% 47%
made up of over 200 of the top Performance Review Within First Six Months 35% 44% -26%
executive search firms. See Sign-on Bonus 31% 37% -19%
your consultant for details. Performance Bonus 73% 79% -8%
AESC has around 200 Necessity is the mother of most compensation incentives. While executive compensation has come
under increased scrutiny, companies competing for talent in this marketplace are left with two
member search firms, with
choices: offer bigger paychecks or risk losing their best candidates to competitors.
around 4000 consultants
around the world. A separate, simultaneous survey of 548 corporate presidents and CEOs conducted by ExecuNet
reveals high compensation expectations for those in the executive suite. While 73% believe they
are equitably compensated, CEOs and presidents would expect to receive an 18% increase in total
compensation if they were to make a job change in 2007.

The feedback from CEOs in the ExecuNet network suggests they are fielding multiple offers before
deciding to make a move. In light of this increasing competition, there's no question that making a
job change will prove very profitable for executives in the year ahead.

JMC Job Search Tips (Simple Things pt 52…)


Are You Readying Your Summer Search Strategy?
I’m sure it’s no surprise to anyone that there are seemingly only two seasons anymore,
summer and winter. That being said, there is still a tie to the calendar concept of summer
in that it is still a focus of an increase in all sorts of events including vacations,
conferences, weddings, family reunions, and the like. Therefore the time to begin
preparing your strategic initiatives to take advantage of these events should begin now.
Now, you may be wondering how to take advantage of vacations. Well, here are two things
to factor in: 1) getting as many of your key contacts meetings scheduled before the late
June through early August prime vacation period; and 2) offering your assistance to some
of your target organizations to pitch in as possible during vacation times as a way of getting
a practical demonstration of your abilities. In any event, now’s definitely the time to get
your planning underway…

Networking Events (free / low cost events that may interest you)

Webgrrls NYC Networking Meeting


May 16; 6:30 to 8:30 pm; Share and exchange information; Get support, advice and client prospects
Fees: Free for members; $10 non-members
1633 Broadway, 2nd Floor Training Room , New York, New York
Sponsor information
AXA Advisors
Contact: newyork-ny@webgrrls.com, 917.603.9226
Web site: http://www.webgrrls.com/newyork_ny

The "C" Network


"Surviving Corporate America"; Tuesdays, 1 p.m.; people of various professions are brought together
2
to debate how to break through the elements for finding work; paid preregistration required; call for
locations and further information.
Fees: $12
100 Park Avenue, New York, New York 10017
Sponsor information
The "C" Network
Contact: TheCnetwrk@aol.com, 718/263-3501

Useful Web Sites


Here are a few free online locations that could prove helpful (if you know of other new or
unique sites forward them to me at rod.williams@lhh.com)
www.worldwit.org. It's a new design, new navigation and a ton of new content. But most excitingly for
us, our site now includes something that so many of our members have asked for: a careers site!
Our careers area, WorldWIT's Hire Ground, is the first online recruiting site that reaches women 'at
the intersection of work and life' with job alerts in the daily WorldWIT email digests. Jobs are also
posted on the searchable WorldWIT's Hire Ground website
http://newyorkcity.employmentguide.com/ bills itself as a portal for entry-level or a mid-management
positions. EmploymentGuide.com has got you covered. With our FastAPP feature we have made
searching for jobs faster and easier than ever. Simply complete an application and we’ll send it to
matching employers in your area.
http://www.janplace.com/ a site for those seeking opportunities in publishing, licensing, children’s &
family media, entertainment, interactive media, and related areas
http://www.gadball.com an excellent site that provides Free Job Search - over 100,000 Active Jobs!
Free Resume Distribution, Free GadBall Discussion Forums, Free Career Email Address, Free
Personal Email Address features links to For Sale Listings and many other types of information
portals from television/movie listings to the weather. It also has an online calendaring tool, news,
games, and entertainment links.
http://www.JobsOnWallStreet.com bills itself as the leading financial services online job board
http://www.efinancialcareers.com/ bank jobs, finance jobs, recruitment in the financial markets,
accounting and investment banking
http://newyork.craigslist.org/ another site that’s pretty cool. It bills itself as the following: craigslist is
about: giving each other a break, getting the word out about everyday, real-world stuff. restoring the
human voice to the Internet, in a humane, non-commercial environment. keeping things simple,
common-sense, down-to-earth, honest, very real. providing an alternative to impersonal, big-media
sites. being inclusive, giving a voice to the disenfranchised, democratizing ... being a collection of
communities with similar spirit, not a single monolithic entity.
http://www.worklife.com/ Worklife.com provides industry specific career channels with a wealth of
information tailored to your career goals. Select a career channel to research industry information,
search jobs and build your portfolio.
www.ComputerJobs.com Recruiting Trends reports that ComputerJobs.com, an employment website
for Information Technology (IT) professionals and those who employ them, has launched a new web
site where IT professionals can discuss their careers, technology, current events, and more. The new
community called "The ComputerJobs.com Community," also offers employers resume keyword
searches, and job seekers the ability to search for high tech jobs on www.ComputerJobs.com.
http://www.teamworkonline.com/ a listing site that focuses on jobs in professional sports with teams,
offices, and connected entities (sports management, sporting goods, etc.). Here’s what they say
about themselves: 71% of the jobs posted here were filled by online candidates!
www.WomenSportsJobs.com currently has over 1,000 jobs posted in the following fields: Sports
Marketing, Sales, Advertising & Promotions, Public Relations, Sports Media, Broadcasting, Facilities,
Sports Events & Operations, Recreation, Health & Fitness, Website, Technology & Computers
http://www.job-hunt.org/ a terrific informational resource for job seekers
http://www.hightechny.com/ NY Labor Bureau site for IT employment (thanks Jay Colan)
http://www.ithotjobs.com/ bills itself as “ITHotJobs.com launched in 2001 to assist BIG 4, Top Tier,
Software 500, Fortune 1000 IT job seekers most impacted during the downturn has grown to

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286,000 members and is utilized by over 9,775 IT specific recruiters.”
http://www.jobcircle.com/ JobCircle.com currently operates in CT, DC, DE, OH, MD, NY, NJ, PA, VA,
and WV , and provides a totally regional job search experience using our unique Latitude/Longitude
functionality.
http://www.dogpile.com great search site that uses Google, Yahoo, Ask Jeeves, About, Look Smart,
Overture, and FindWhat (talk about powerful!)
http://www.allretailjobs.com/ the name says it all

Free web sites continued…


http://www.nj.com/jobs/quicksearch/ links to job postings for 11 New Jersey newspapers including
the statewide Star-Ledger
http://www.chiefmonster.com a Monster.com site for Senior Executives
http://www.6figurejobs.com lists executive Jobs
http://www.ceoupdate.com lists non-profit executive level jobs
http://www.execsearches.com lists non-profit executive level jobs
http://www.bigfivetalent.com lists Big Five Jobs
http://www.employment911.com/asp/index.asp claims currently over 3,000,000 jobs posted by
companies that use them and searched from over 300 major career sites along with jobs including 1-
Jobs.com, Hotjobs.com, American Jobs, Infoworks USA, America's Employers, JobBank USA,
America's Job Bank, Job Pilot USA, Bakos Group, MarketingJobs.com, Career Avenue,
Monster.com, Best Jobs USA, NationJob Network, Career Builder, Net-Temps.com, Career Mosaic,
Perot Systems, Career.com, Prohire.com, Career Magazine, Recruiters Online Network, Career
Web, Select Jobs.com, Computerjobs.com, Softwarejobs.com, Computerwork.com, The Job
Resource, Crosswalk.com, Top Echelon, Dice.com, TopStartups.com, Employment 911, US Careers
Resource Center, Headhunter.net, Westech Virtual Job Fair. Offers some pay services but quite
effective without them.
http://seeker.dice.com/profman/searchEngineMarketing.jsp?rel_code=100 more tech jobs
http://www.guru.com/pro/professionals.cfm?tc=20010&kw=job%20search%20web%20 site helps you
find IT, creative, business and office/admin projects all on one website!
http://www.e-careercenter.com/ &
http://www.job.com/index.cfm?us=164&AID=6944408&PID=1225587 2 sites for posting resumes and
searching jobs

Fee Based Sites:


http://www.bluesteps.com Association of Executive Search Consultants (AESC) resume database.
LHH has a discounted rate (See your consultant)
www.theladders.com Based in New York City, TheLadders.com, Inc. is a privately held company
offering premier online job search destinations and content for the $100k+ sector of the employment
market. The company operates its primary consumer destination at www.theladders.com as well as
specialized job search Web sites for Sales, Marketing, Finance, Human Resources, Law,
Technology, Operations and all other $100k+ fields. For corporate and executive recruiters,
TheLadders.com operates TheLadders for Recruiters, enabling them to easily post and manage job
openings.
http://www.executivesonly.com lists executive jobs
http://www.netshare.com lists executive jobs
http://www.execunet.com lists executive jobs
http://www.executive.computerjobs.com lists executive technical jobs
http://www.vicepresidentjobs.com a resume posting site

Entrepreneurial Sites:
http://www.startupzone.com employment
http://www.topstartups.com employment

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http://www.garage.com lists tech ventures and employment
http://www.fastcompany.com online version of magazine
http://www.vfinance.com funding for entrepreneurs
http://www.vcbuzz.com venture capital info

Non-Profit Sites:
http://www.philanthropy.com non-profit info and employment
http://www.nonprofits.org/ non-profit info
http://www.chronicle.com higher education info and employment
http://www.guidestar.org/ national database of non profits

Executive Job Listings in the Not-for-Profit Sector Advertised openings:


http://www.ceoupdate.com lists non-profit executive level jobs
http://www.execsearches.com lists non-profit executive level jobs
www.fdncenter.org/pnd/jobs
www.idealist.org

Search firm listed openings:


www.howe-lewis.com
www.drgnyc.com
www.pogsearch.com
www.imsearch.com
www.auerbach-assc.com
www.slesingermanagement.com
www.explorecompany.com

Media Resources
Please update by sending additional resources/corrections to jay.colan@LHH.com news and
trends:
television/print/music/interactive/digital/telecom/advertising
http://www.mediabistro.com/ -- Media Bistro: media industry networking and informational site.
Includes, news, advice, events listings, job boards, and discussion groups.
http://www.iwantmedia.com/– daily round up of media and industry news; extensive links to
other, related publications and sites.
http://www.poynter.org/medianews– Jim Romenesko’s media news: news, trends, extensive
links to other news and media related sites.
http://www.mediachannel.org/ -- Media Channel: global media news, issue guides, educational
aides.
http://www.mediaweek.com/ -- Media Week: online media news magazine.
http://www.insidemedia.com/
http://www.media.guardian.co.uk/ -- The Guardian online specialized media site.
http://www.eweek.com/– eWeek online version: media and new media news and resources
http://www.media-news.com/– Media news site, segmented by industry.
http://www.internews.org/– Internews: promoting free and open media on a global scale.
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http://www.broadbandweek.com/– Broadband Week online version.
http://www.telecomcareers.net/– TelecomCareers.net: career resources, etc.
http://www.catv.org/-- CATV Cyberlab: news, resources for cable, broadband, and new media;
extensive list of links.
http://www.cabletoday.com/index.html– Bigpipe.com: cable news, resources, extensive links.
http://www.emonline.com/index.html– Electronic Media online version.
http://www.dmnews.com/cgi-bin/index.cgi– DM News: online direct marketing news.
http://www.headlinespot.com/-- comprehensive news site: news, extensive links
http://www.tvinsite.com/broadcastingcable/index.asp?layout=webzine– Broadcasting Cable
online: news for broadcast and cable industries.
http://www.cableworld.com/– Cableworld online version: cable and broadband news
http://www.minonline.com/index.html—Min magazine: media business resources

television/print/music/interactive/digital/telecom/advertising (cont’d)
www.paidcontent.org focus on "the economics of content"
http://www.212nyc.org/ - interactive focus
www.mediapost.com
www.inanet.com for designers and art directors
www.cynopsis.com - daily briefing for broadcasting and cable, with job postings for NY and LA
Digital Music News (site/publication?)
www.nyctechwire.com
Inside Radio (site/publication?)
www.adage.com Advertising Age site
http://www.poynter.org/ - Web Tips – tracks U.S. TV
www.entertainmentcareers.net
www.rightmedia.com
www.venturewire.com – v.c. focus?
www.variety.com Variety - entertainment focus –including job links
This Week in Technology
British Academy of Film and Television Artists
http://www.digitalmusic2006.com/ - digital music forum
www.worldscreen.com Int’l News on programming /content that inevitably includes notes on
many NY companies
www.lightreading.com technology news with many notes on content deployments
www.digitalmedia.com – conference listings are searchable to obtain contact info for speakers
Multi-Channel News – publication?/site?
www.fierce.com – mobile media including wireless, IPTV and mobile media
BillBoard – music publication
www.journalismjobs.com
associations:
http://www.catm.com/-- Cable & Telecommunications Association for Marketing: library,
research, job bank, etc.
http://www.ncta.com/index.cfm– National Cable & Telecommunications Association: industry
news, legislative information, career resources, etc.
http://www.cthra.com/indopps.html– Cable and Telecommunications Human Resources
Association: job opportunities and career related links
http://www.aaaa.org/news/related_assoc.html– American Association of Advertising Agencies:
related industry links.
http://www.nynma.org/– New York New Media Association:

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http://www.cabletvadbureau.com/– Cabletelevision Advertising Bureau: news, research, links,
career information.
http://www.ctpaa.org/– Cable Television Public Affairs Association
http://www.wict.org/main.cfm– Women in Cable & Telecommunications: resources and links
dedicated to improving the standing of women in the cable industry.
http://www.interactivehq.org/ -- Association for Interactive Marketing: research, education,
events, networking.
www.americanbusinessmedia.com – association of business media companies
www.namme.org – National Association of Minority Media Executives
Magazine Publishers Association (MPA)
Online Publishers Association (ironically I don’t have the URL)
theory and scholarship:
http://www.ctheory.com/– CTheory: current scholarship on cultural, media, and critical theory
http://www.theory.org.uk/– media and social/cultural theory focusing on pop culture
http://www.utexas.edu/coc/journalism/SOURCE/j363/keywords.html– quick resources to major
leaders in mass communication studies
www.release1.0.com – Esther Dyson publication on v.c. and new technologies
Edventures – same on Ester Dyson
other resources:
http://www.hbscny.org/upcoming_events.htm - Harvard Business School Club of Greater NY –
Look for the Media Guru breakfasts
Media Staffing Professionals - Chicago based with jobs throughout the country
"The Soul of the New Consumer" - book on thinking for marketers and product developers
www.current.org – resource on NPR?
www.voice123 – voiceovers
One World? – cable advertising?
Promo magazine and Events Marketer for event marketing people
Provided by Ben Baumes, Jay Colan and the generous, spirited people who participated in the NY Media and
Entertainment networking group in January and February of 2007.

________________________________________________________________________________

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Job Lead Sampler (For many more check Lead Link)


Senior Analyst, Internal Audit, Warner Music Group
Manager, Internal Audit, Warner Music Group
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Ass't VP, Commodities & Structured Trade Finance Grp, Bank of Tokyo-
Mitsubishi
Administrator, Kentucky Rep Ofc, Bank of Tokyo-Mitsubishi
Banking Officer, Portfolio Mgmt Grp, Bank of Tokyo-Mitsubishi
Sr. Administrator, Japan Corp Banking Grp, Bank of Tokyo-Mitsubishi
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Mitsubishi
Ass't VP, Portfolio Mgmt Dep't, Bank of Tokyo-Mitsubishi
Specialist, Minnesota Corp Banking Ofc, Bank of Tokyo-Mitsubishi Hedge Fund
Accountant, Aristeia Capital, LLC
Fundamental Research Analyst, Aristeia Capital, LLC
Merger Arbitrage Analyst, Aristeia Capital, LLC
Quantitative Analyst, Aristeia Capital, LLC
HR Benefits Specialist - Astoria, Queens, NY, Non-Profit Co via Usercom
Systems, Inc
Trade Advisor, Standard Chartered Bank
Financial Institutions Sales Assistant, Standard Chartered Bank
Senior Sales Consultant, Working Capital, Standard Chartered Bank
Transaction Sales Consultant, Global Corps, Standard Chartered Bank
Relationship Manager, Global Corps, Standard Chartered Bank
Global Account Manager-Client Relationships, New York/Pasadena, Standard
Chartered Bank
Banking Officer, Bank of Tokyo-Mitsubishi

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