senior managers

Headhunters see more high-level hires

November 16, 2010: 6:49 PM ET

Demand for senior management talent is on the rise, especially at small and medium-sized firms.

If you're looking for signs that the economic recovery is picking up steam, here's one: The number of U.S. companies creating executive jobs is up for the tenth straight month, led by a steady increase in high-level hiring at companies with annual revenues between $11 million and $500 million.

That's according to the Executive Job Creation Index, a monthly survey of recruiters by ExecuNet, a nationwide career network for managers making $100,000 or more.

"Small-to-medium sized companies are the engine driving a slow but sustained recovery in the market for senior management talent," notes Mark Anderson, ExecuNet's president and chief economist. "They're creating new executive roles at twice the pace of their larger competitors."

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