Introduction: Globally, gender diversity of senior hires in Real Assets has declined by 14 percentage points year-on-year   The latest inSights report by TALNT, a premier AI-driven platform for tracking global executive moves, reveals a concerning decline in gender diversity within senior roles in the Real Assets sector for Q2 2023. With a 14% year-on-year drop in gender diversity, the sector faces challenges in achieving balanced representation. This comprehensive analysis delves into the regional and subsector variations, highlighting significant disparities, particularly in the Americas and EMEA. Whether youre an industry stakeholder or an advocate for gender diversity, read on to gain crucial insights into the state of gender diversity in senior roles within the Real Assets sector and what these trends may signify for the future. Gender diversity in senior hires declined significantly compared with last year, with low female representation in senior roles  image.png 148.23 KB The pie charts above show clearly that gender diversity in Real Assets took a dive in Q2 2023 when compared with the same period last year. The numbers are relatively low, which means any variation has an exaggerated impact. For example, the charts above show that gender diversity n EMEA went from almost 50-50 in Q2 2022 down to less than one in ten. However, even in Q2 2022, that 45% represents only nine appointments. image.png 150.98 KB That said, a quarterly comparison shows a relative decline in gender diversity at the senior talent level here too, as seen above. The numbers remain small enough overall that it’s hard to be certain about whether we’re seeing a trend, so we must look at the data in different ways.  image.png 122.01 KB The charts above show the gender hiring gap between men and women. Here again, the chart for Q2 2022 shows a smaller gap over time that we can see for Q2 this year. These charts also reiterate just how small the numbers are that we’re looking at, however.   image.png 130.07 KB Going by the charts above, it actually looks as though the gender hiring gap was wider in Q1 this year than in Q2, when we know from the pie charts that overall, that’s not the case. In Q1 there are several points where the numbers of senior female hires overlap male hires.   image.png 154.01 KB Speaking regionally, we can see how the greatest variation in gender hiring seems to be in Americas  as well as the stark change in percentages in EMEA from Q2 last year to Q2 this year.  image.png 78.36 KB Which subsectors performed best in terms of gender diversity in Q2 2023? image.png 169.63 KB Looking at the numbers above we can see how the percentages of senior female appointments fell between Q2 2021 and Q2 of this year, while the overall numbers are down too. Asset Management did see an increase in the number of senior female appointments y-o-y, but due to a sharper increase in the number of senior male appointments, the percentage has still fallen significantly.  image.png 185.73 KB Looking at the quarterly comparisons, we can see some improvements in gender diversity in some of the subsectors, such as Real Estate Tech, Development, and Leasing, all of which improved their percentage of senior female appointments between Q1 and Q2. However, looking at the numbers, we again see that this is because the numbers are so small that even tiny increases have had a disproportionate impact on the percentages.  Which positions saw the best gender diversity in Q2 2023? image.png 82.99 KB Looking at the charts for the top senior positions in Q2 2023 and Q2 2022 shows were much of the challenge lies for this sector. We can see that senior female appointments in the top roles has declined markedly year-on-year, and that even then there were no female appointments at all in several of the top ten roles even in Q2 last year.   image.png 80.15 KB Looking at the quarterly comparisons, we can see a similar downward trajectory between Q1 and Q2. This appears to be a sector with low female participation at the top level – something which has only grown worse in Q2 2023. This is something to keep an eye on going forward, though it remains difficult to be certain about trends while the overall senior hiring numbers remain so low.  

Introduction: Global senior hiring almost doubled year-on-year, continuing the momentum seen in Q1 In a remarkable turn of events, senior-level hiring within the energy sector has nearly doubled year-on-year, according to the latest inSights report by TALNT—an AI-driven platform specialising in tracking executive moves globally. This comprehensive analysis delves into the most significant hiring trends for senior roles in the energy sector for Q2 2023, comparing it with previous quarters and years. From a notable 98.4% increase in senior hires compared to the same period last year to the regional dominance of the Americas, this report offers a data-driven narrative on the evolving landscape of senior employment in the energy sector. Read on to discover key insights, including the subsectors driving growth and the roles in highest demand, as we explore what these trends signify for the year ahead. Senior level hiring increased by 98.4% in Q2 2023 versus the same period last year and increased by 42.9% quarter-on-quarter image.png 117.38 KB From the above charts, it’s clear to see that senior level hiring has increased sharply year-on-year – although most of that took place in April and tailed off a little thereafter. Senior hiring had already increased significantly in Q1: image.png 119.35 KB The chart above shows that hiring in Q2 also represented an increase over Q1. It is notable that the momentum seemed to be building towards March and may have peaked in April. So we will need to check in Q3 whether this momentum has continued.  image.png 58.03 KB These charts appear to show that most of the increase was in Americas – as well as showing just how much of the increase in Q2 took place in April.  image.png 41.3 KB Analysing the data quarter-on-quarter shows again how the momentum built throughout Q1 before peaking in April. It also seems to show that the narrative of global senior hiring is dominated by the Americas region over EMEA and APAC.  image.png 189.38 KB Looking at the breakdown by subsector, the charts above show Mining, Metals & Minerals leading the upward trend, followed by Energy. Comparing this with Q2 2022, we see that Energy dominated senior hiring in that period. Whereas if we compare with the figures in Q1 of this year:  image.png 183.17 KB We see that Mining, Metals & Minerals had already begun to dominate the hiring numbers – to a greater extent even than can be observed in Q2.  image.png 57.75 KB  These bar charts reiterate these trends. We see that the increase in senior hiring in the Energy subsector year-on-year is much less marked than the comparatively much larger increases seen in Mining, Renewables, and Utilities. We appear to be seeing a more vibrant sector across the board, albeit one where Mining is very much the subsector driving the most growth, both in percentage and numerical terms.    image.png 61.88 KB The charts for Q1 show again that Mining was already the dominant subsector for senior hiring, but also shows that there has been significant growth in every subsector on a quarterly basis as well. We know from the initial charts that much of this increase was seen in April and then tailed off, but it still looks impressive when shown here.   image.png 105.02 KB The above pie charts reflect how the balance of senior hires has changed significantly year-on-year. These reflect the story already outlined, with a relative rise in hiring within Mining making Energy the second largest subsector.   image.png 105.61 KB On a quarterly basis, the charts have actually changed very little, suggesting that the major subsector trends were already well established in Q1.  image.png 87.77 KB Regionally, the charts above show a slight decline in APAC senior hiring proportionately, and a concurrent increase in the share taken up by the Americas.  image.png 92.07 KB Most popular senior roles in Q2 2023  image.png 71.94 KB These charts do show a marked increase in hiring for the top three roles year-on-year. Below that, the numbers are comparable. It is interesting to see a marked increase in demand for Board members, CFOs, and CEOs, suggesting an appetite for more high-level strategic roles.   image.png 88.46 KB Looking at the regional breakdown of the top roles shows that, although demand in the Americas outweighs that in EMEA or APAC, the increase is consistent in all regions. It may be that greater confidence or demand in Americas will filter through to increased demand elsewhere – something to monitor in Q3.  image.png 77.3 KB On a quarterly basis we see much less change in demand, again suggesting that Q2 is continuing the momentum seen in Q1.   image.png 93.85 KB The regional breakdown above is also very similar, although Q2 does seem to show a greater increase in demand for some of the top positions in the Americas, and more demand in other regions in Q2 when compared with Q1.   image.png 87.46 KB Meanwhile, demand at the top ten companies hiring the most senior people doesn’t seem to show a huge change, year-on-year. We can see a shift from mainly Energy firms to more Mining companies in the Q2 2023 top ten, and we can already see the increase in demand from Mining firms in Q1: image.png 98.45 KB This will be interesting to watch play out in Q3 and Q4 to see if the sector can continue the momentum experienced in the first half of the year, and to see whether demand for senior talent will continue to be dominated by the Americas and by the Mining, Metals & Minerals subsector for the rest of the year. 

Introduction: Global senior hiring growth was sluggish year-on-year and down on Q1 The latest inSights report by TALNT, a leading AI-driven platform for tracking global executive moves, reveals a slowdown in senior-level hiring within the Real Assets sector for Q2 2023. Despite an 18% year-on-year increase, the sector experienced a nearly 40% decline in hiring compared to Q1 2023, indicating a loss of momentum. This comprehensive analysis explores these trends across various regions and subsectors, highlighting a significant shift from Investments to Real Estate Asset Management. Whether youre an industry professional or an investor, read on to gain valuable insights into the sluggish talent market and what it could mean for the Real Assets sector moving forward. Senior level hiring increased by only a little in Q2 2023 versus the same period last year, and decreased quarter-on-quarter image.png 111.16 KB We feel that our Real Assets data may be incomplete, so we are using the sources we currently have access to as a guide to the broader trends within the sector rather than a precise indication.  That said, going by the above charts what we see year-on-year is sluggishness in senior level hiring. Our figures suggest a slight increase of around 18% y-o-y, but they also suggest almost 40% lower hiring than in Q1 this year. Q1 this year saw an 85% increase on Q1 2022. So we appear to have seen a rebound in Q1 whose momentum is beginning to dissipate.  image.png 117.13 KB The chart above shows that dissipation, with more peaks in Q1 and a steady increase over February and March which has ebbed away somewhat throughout Q2.  image.png 53.05 KB These charts appear to show a small increase in senior hires in the Americas, and a smaller increase in EMEA and APAC. This suggests both that the Americas is the driver of this market, while also that the trends are affecting all regions similarly. The sluggishness of the market is not regional, in other words.  image.png 50.07 KB Here again, analysing the data quarter-on-quarter shows that the decline in senior hiring from Q1 to Q2 is repeated across all regions, with Americas still showing the most demand.  image.png 205.81 KB Looking at the breakdown by subsector, the charts above show a slightly more vibrant talent market in Q2 2023 when compared with the same period last year, with a significant shift from Investments to RE Asset Management. This would fit the macro-economic narrative suggesting that real estate firms have moved away from investing towards managing and optimising the cashflow of existing assets in their portfolios.   image.png 247.04 KB Quarter-on-quarter, we see that the industry shift towards Asset Management and away from Investments was already well underway in Q1 this year, although even this subsector seems to have scaled back on hiring senior talent as the first half of the year has progressed. image.png 70.14 KB These bar charts illustrate the same trends from a different perspective. Note that the charts for Q2 2023 show hiring in Capital Raising, Leasing, and Operations that was completely absent from our data sources in the same period last year.  Although those numbers remain small, this change does suggest that the sector is more vibrant than in 2022. These charts also show the significant decrease in senior hiring in Investments, and the corresponding rise in senior hiring within the Advisory/Brokerage and Asset Management subsectors.   image.png 87.01 KB As already mentioned, the numbers for Q1 this year show that the Q2 numbers are mostly a step down and that the increased momentum seen in Q1 has stalled a little in Q2.   image.png 126.64 KB The above pie charts reflect how the balance of senior hires has changed year-on-year, again showing the relative decline of hiring in the Investments subsector and the rise in other subsectors.  image.png 136.09 KB On a quarterly basis, the charts have actually changed a little less, with Advisory, Asset Management and Investments making up the majority of senior hires.   image.png 106.67 KB Regionally, the charts above reiterate the trend already commented upon that the majority of senior hires have been in the Americas.  image.png 114.22 KB Most popular senior roles in Q2 2023  image.png 65.53 KB The bar charts above show how the top roles are not increasing particularly. Again, our sources may be limited, and we can see a shift in the types of roles hired for in Q2 2023 compared with the previous year, but the numbers remain low, which suggests a continuing sluggish talent market.  image.png 83.36 KB Looking at the regional breakdown of the top roles shows how the numbers are low in each region.  image.png 75.08 KB Comparing Q2 this year with Q1 tells a different story, however, with much more hiring into CEO and Board positions in Q1. Looking at the regional breakdown of these numbers below: image.png 86.79 KB Again suggests that the trends are being felt equally in all three regions. Although Americas is clearly the market with the most hires, all three regions are showing similar increases and decreases, suggesting that the current talent sluggishness is very much a global phenomenon. image.png 92.45 KB Looking at the top 10 companies above, however, shows a significant concentration of hiring within the top few companies. Beyond this, there’s no clear trend, except to suggest that hiring was a little more sluggish in Q2 2022.  Comparing Q2 with Q1 (below) shows much the same pattern – more of a concentration of hiring at a few top firms. We’ll have to see what Q3 shows us about the strength of demand for senior talent for the rest of the year.  image.png 92.96 KB  

Introduction: Global senior hiring more than doubled year-on-year, with increases in all regions Drawing on TALNTs robust AI analytics, which track executive moves from an expansive network of over 150,000 reputable sources, our latest insights report unveils a staggering 155% year-on-year increase in senior-level hiring within the banking sector for Q2 2023. This data-driven analysis offers an unparalleled perspective on global hiring trends, revealing significant shifts that could have far-reaching implications for the banking industry. What do these numbers signify for the sectors future, and how can they guide your strategic planning? Read on for comprehensive insights.Senior level hiring increased by 155% in Q2 2023 versus the same period last year image.png 116.73 KB From the above charts, it’s clear to see that senior level hiring has increased sharply year-on-year – by 155%. The fact that hiring has also increased quarter-on-quarter – by an even more significant 251% - suggests that things have begun to change in the sector rather suddenly.  In the immediate post-Covid period the sector hired more senior people and then had to focus on cost control and scaling back on hiring in 2022 as inflation, interest rate rises and fears of global recession hit the sector hard.  Statistically, the senior level hiring increase we’re seeing is both very large and very sudden, so let’s take a deeper dive into what’s going on: image.png 114.11 KB The chart above shows that hiring in Q1 was flat on the year and has seen a significant increase in a very short period. But which regions are driving this growth? image.png 53.94 KB These charts appear to show significant senior hiring increases in all regions year-on-year. While the biggest numbers are clearly to be seen in the Americas, these charts show every region has seen significant increases.  image.png 47.17 KB Once again, analysing the data quarter-on-quarter shows the same trend – a sharp increase between Q1 and Q2 this year.  image.png 229.31 KB Looking at the breakdown by subsector, the charts above again show the sharp increase in senior hires year-on-year, with Corporate Banking and Industry Coverage being the main beneficiaries.   image.png 229.63 KB Quarter-on-quarter, we see an increase in hiring across all subsectors, though Q1 seemed to show a significant increase in Corporate Banking hires already.   image.png 78.9 KB These bar charts show us significant year-on-year increases in every subsector, with the biggest numerically being Corporate Banking (up 181%) and Industry Coverage (up 333%). That said, most of the other subsectors – aside from Debt Capital Markets and Equity Capital Markets – have not increased hugely, suggesting that several subsectors remain cost sensitive and hesitant to hire too fast.  image.png 79.96 KB As already mentioned, the numbers for Q1 this year show how sudden the increase has been, as well as showing that Corporate Banking was already the standout subsector.  image.png 138.55 KB The above pie charts reflect the significant shift in the balance of senior hiring year-on-year, with Corporate Banking showing the biggest proportional increase, and Industry Coverage the largest proportional decline.   image.png 121.16 KB On a quarterly basis, we see again that the proportional changes had largely taken place by Q1 of this year, when Corporate Banking was already the largest subsector.  image.png 118.53 KB Regionally, the charts above show what looks like a return to Americas dominance of the senior hiring landscape, from APAC being the dominant region in the same period last year.   image.png 120.3 KB Most popular senior roles in Q2 2023  image.png 76.54 KB These charts show the sharp increase in MD hiring year-on-year seems to have driven a lot of the increase overall, although Board, CEO, and SVP appointments have all grown significantly in the same period. In fact, we seem to be seeing a move away from ingrained low numbers and very specific appointments in Q2 2022 to the appointment of more strategic roles in Q2 2023.   image.png 81.71 KB The quarterly comparison above shows again how sudden this change has been, as appointments in Q1 of this year were still very low and less strategic.  image.png 86.33 KB Looking at the top 10 positions from a regional perspective, the above charts seem to reiterate that the growth can be observed across all regions, and that several of the big strategic roles such as SMD, VP, and Partner were almost exclusively hired in the Americas. We can also see the biggest increase in demand for MD appointments coming from the same region.  image.png 90.88 KB Looking at the top 10 companies making the most senior hires, it’s interesting to note that all the major banks were talking about looking to control costs and cut staff at the beginning of the year, yet Deutsche, Jefferies, UBS and Barclays all made significant hires in Q2. That said, outside of the top three, the numbers remain small, so we’re perhaps seeing a resurgence across many firms rather than a concentration of hiring in the usual suspects at the top of the tree. In this context, it’s possible for the senior hires to be replacement hires in many cases, or to be low enough at most firms to remain within the overall remit of cost cutting and caution.  Most of the bigger numbers of hires do appear to be happening in the US market right now, suggesting more confidence in that market. But we could be seeing the beginning of confidence returning globally. Only time will tell. We will be monitoring the numbers in Q3 2023 to see the extent to which the trends observed in Q2 continue.

Introduction: Global senior hiring more than doubled year-on-year, but was down on Q1 In a year marked by significant changes, the consulting sector has seen a complex landscape of senior-level hiring in Q2 2023. According to TALNTs AI-driven analytics, which source data from over 150,000 reputable outlets, senior hiring surged by 118% year-on-year but showed a 10.1% decline quarter-on-quarter. This report delves into the intricacies of these trends, breaking down the data by region, subsector, and role. From the dominance of Finance Consulting to the regional disparities in hiring, we examine what these numbers mean for the industrys future. Are we witnessing a temporary spike or the beginning of a sustained trend? Read on to explore these critical insightsSenior level hiring increased by 118% in Q2 2023 versus the same period last year, but decreased by 10.1% quarter-on-quarter image.png 108.87 KB From the above charts, it’s clear to see that senior level hiring has increased sharply year-on-year – by 118%. However, the increase in senior hiring in the sector was already significant in Q1, and if we look at the quarterly charts for comparison:   image.png 118.86 KB The chart above shows that hiring in Q1 was a little higher than in Q2, meaning we might be looking at a slight decline. The question is what seems to be driving the growth and is it a sign of confidence in the sector?  image.png 53.51 KB These charts appear to show significant senior hiring increases in all regions year-on-year. The Americas are up 114% year-on-year, although EMEA saw a y-o-y increase of 100%, and APAC an even more impressive 153%.   image.png 50.33 KB Once again, analysing the data quarter-on-quarter shows that this also represents a slight decline on the quarter, again across all regions. So although the numbers in the Americas are higher, the increases are significant across the board. It’s not entirely accurate to talk of the Americas region driving this growth, as is the case in several other industries.   image.png 184.27 KB Looking at the breakdown by subsector, the charts above again show year-on-year increases in all subsectors, with Finance Consulting being by far the most dominant subsector.  image.png 213.39 KB Quarter-on-quarter, we see a very different picture. Indeed, aside from seeing that Finance Consulting hiring was already dominant in Q1 of this year, it’s hard to be certain of the trends in the other subsectors. For that, we must turn to the bar chart format:  image.png 64.87 KB These bar charts show us that we can see significant year-on-year increases in every subsector, with the exception of Operations Consulting. While Finance Consulting was up 127%, Risk Consulting showed the biggest percentage increase, at 325%. Senior hiring was up 107% in People & Organisation Consulting, and up by 92% in Strategy Consulting. image.png 70.81 KB As already mentioned, the numbers for Q1 this year were mostly higher than in Q2. We can see this in the subsector breakdown. While the numbers still show an increase in Finance Consulting hires of 24% q-o-q and in Strategy Consulting of 13.6%, Operations Consulting was down 92%, People & Organisation Consulting down 38%, and Risk Consulting was down 5.6%. image.png 110.04 KB The above pie charts reflect how the balance of senior hires has actually changed very little year-on-year. The proportion of senior hires in Finance Consulting is almost exactly the same proportionately, while the next highest shares of total hires have also changed very little.  image.png 109.41 KB On a quarterly basis, the charts have actually changed a lot more, with Finance Consulting taking a significantly smaller share of the total in Q1 than in Q2.   image.png 102.53 KB Regionally, the charts above show that the increase in Finance Consulting is being seen in EMEA and APAC as well as the Americas, while Operations Consulting growth seems to be limited to the Americas. The regional charts do show an increase in APAC hiring in three subsectors, and a corresponding proportional decline in EMEA hiring.   image.png 106.98 KB Interestingly, the senior hiring percentages for Q1 this year show a much more regional mix of hiring than Q2, suggesting a more vibrant and confident sector globally in the first three months of the year.  Most popular senior roles in Q2 2023  image.png 69.13 KB These charts do show a marked increase in hiring for the top roles year-on-year, especially for Partner, MD and Director roles. As the charts below show, there were actually more hires into the top roles in Q1 when compared with Q2.  image.png 70.61 KB Looking at the regional breakdown of the top roles below shows us an interesting trend: image.png 80.37 KB The top three positions are much more mixed, while almost all senior hiring for the remaining top roles took place in Americas, showing the differences in roles in the different regions.   image.png 93.27 KB Looking at the top 10 companies making the most senior hires, it’s interesting to note that Q2 this year saw a much larger spread of high levels of hiring when compared with the same period last year, suggesting that the senior roles have not only increased overall, but are spread fairly evenly between the top players in the sector. This presents a stark contrast with Q1 (below), where we see far more of a concentration of senior hires within FTI Consulting, and an even broader spread of senior hiring throughout the rest of the top companies in the sector, which perhaps suggests that a majority of larger consulting firms are still concerned not to hire too much in Q1 when compared with Q2. Are we seeing the hiring barriers come down? We can’t be sure until we review the trends for Q3, but it will be interesting to see.  image.png 89.03 KB  

Introduction: Globally, gender diversity of senior hires in Real Assets has declined by 14 percentage points year-on-year   The latest inSights report by TALNT, a premier AI-driven platform for tracking global executive moves, reveals a concerning decline in gender diversity within senior roles in the Real Assets sector for Q2 2023. With a 14% year-on-year drop in gender diversity, the sector faces challenges in achieving balanced representation. This comprehensive analysis delves into the regional and subsector variations, highlighting significant disparities, particularly in the Americas and EMEA. Whether youre an industry stakeholder or an advocate for gender diversity, read on to gain crucial insights into the state of gender diversity in senior roles within the Real Assets sector and what these trends may signify for the future. Gender diversity in senior hires declined significantly compared with last year, with low female representation in senior roles  image.png 148.23 KB The pie charts above show clearly that gender diversity in Real Assets took a dive in Q2 2023 when compared with the same period last year. The numbers are relatively low, which means any variation has an exaggerated impact. For example, the charts above show that gender diversity n EMEA went from almost 50-50 in Q2 2022 down to less than one in ten. However, even in Q2 2022, that 45% represents only nine appointments. image.png 150.98 KB That said, a quarterly comparison shows a relative decline in gender diversity at the senior talent level here too, as seen above. The numbers remain small enough overall that it’s hard to be certain about whether we’re seeing a trend, so we must look at the data in different ways.  image.png 122.01 KB The charts above show the gender hiring gap between men and women. Here again, the chart for Q2 2022 shows a smaller gap over time that we can see for Q2 this year. These charts also reiterate just how small the numbers are that we’re looking at, however.   image.png 130.07 KB Going by the charts above, it actually looks as though the gender hiring gap was wider in Q1 this year than in Q2, when we know from the pie charts that overall, that’s not the case. In Q1 there are several points where the numbers of senior female hires overlap male hires.   image.png 154.01 KB Speaking regionally, we can see how the greatest variation in gender hiring seems to be in Americas  as well as the stark change in percentages in EMEA from Q2 last year to Q2 this year.  image.png 78.36 KB Which subsectors performed best in terms of gender diversity in Q2 2023? image.png 169.63 KB Looking at the numbers above we can see how the percentages of senior female appointments fell between Q2 2021 and Q2 of this year, while the overall numbers are down too. Asset Management did see an increase in the number of senior female appointments y-o-y, but due to a sharper increase in the number of senior male appointments, the percentage has still fallen significantly.  image.png 185.73 KB Looking at the quarterly comparisons, we can see some improvements in gender diversity in some of the subsectors, such as Real Estate Tech, Development, and Leasing, all of which improved their percentage of senior female appointments between Q1 and Q2. However, looking at the numbers, we again see that this is because the numbers are so small that even tiny increases have had a disproportionate impact on the percentages.  Which positions saw the best gender diversity in Q2 2023? image.png 82.99 KB Looking at the charts for the top senior positions in Q2 2023 and Q2 2022 shows were much of the challenge lies for this sector. We can see that senior female appointments in the top roles has declined markedly year-on-year, and that even then there were no female appointments at all in several of the top ten roles even in Q2 last year.   image.png 80.15 KB Looking at the quarterly comparisons, we can see a similar downward trajectory between Q1 and Q2. This appears to be a sector with low female participation at the top level – something which has only grown worse in Q2 2023. This is something to keep an eye on going forward, though it remains difficult to be certain about trends while the overall senior hiring numbers remain so low.  

Introduction: Global senior hiring almost doubled year-on-year, continuing the momentum seen in Q1 In a remarkable turn of events, senior-level hiring within the energy sector has nearly doubled year-on-year, according to the latest inSights report by TALNT—an AI-driven platform specialising in tracking executive moves globally. This comprehensive analysis delves into the most significant hiring trends for senior roles in the energy sector for Q2 2023, comparing it with previous quarters and years. From a notable 98.4% increase in senior hires compared to the same period last year to the regional dominance of the Americas, this report offers a data-driven narrative on the evolving landscape of senior employment in the energy sector. Read on to discover key insights, including the subsectors driving growth and the roles in highest demand, as we explore what these trends signify for the year ahead. Senior level hiring increased by 98.4% in Q2 2023 versus the same period last year and increased by 42.9% quarter-on-quarter image.png 117.38 KB From the above charts, it’s clear to see that senior level hiring has increased sharply year-on-year – although most of that took place in April and tailed off a little thereafter. Senior hiring had already increased significantly in Q1: image.png 119.35 KB The chart above shows that hiring in Q2 also represented an increase over Q1. It is notable that the momentum seemed to be building towards March and may have peaked in April. So we will need to check in Q3 whether this momentum has continued.  image.png 58.03 KB These charts appear to show that most of the increase was in Americas – as well as showing just how much of the increase in Q2 took place in April.  image.png 41.3 KB Analysing the data quarter-on-quarter shows again how the momentum built throughout Q1 before peaking in April. It also seems to show that the narrative of global senior hiring is dominated by the Americas region over EMEA and APAC.  image.png 189.38 KB Looking at the breakdown by subsector, the charts above show Mining, Metals & Minerals leading the upward trend, followed by Energy. Comparing this with Q2 2022, we see that Energy dominated senior hiring in that period. Whereas if we compare with the figures in Q1 of this year:  image.png 183.17 KB We see that Mining, Metals & Minerals had already begun to dominate the hiring numbers – to a greater extent even than can be observed in Q2.  image.png 57.75 KB  These bar charts reiterate these trends. We see that the increase in senior hiring in the Energy subsector year-on-year is much less marked than the comparatively much larger increases seen in Mining, Renewables, and Utilities. We appear to be seeing a more vibrant sector across the board, albeit one where Mining is very much the subsector driving the most growth, both in percentage and numerical terms.    image.png 61.88 KB The charts for Q1 show again that Mining was already the dominant subsector for senior hiring, but also shows that there has been significant growth in every subsector on a quarterly basis as well. We know from the initial charts that much of this increase was seen in April and then tailed off, but it still looks impressive when shown here.   image.png 105.02 KB The above pie charts reflect how the balance of senior hires has changed significantly year-on-year. These reflect the story already outlined, with a relative rise in hiring within Mining making Energy the second largest subsector.   image.png 105.61 KB On a quarterly basis, the charts have actually changed very little, suggesting that the major subsector trends were already well established in Q1.  image.png 87.77 KB Regionally, the charts above show a slight decline in APAC senior hiring proportionately, and a concurrent increase in the share taken up by the Americas.  image.png 92.07 KB Most popular senior roles in Q2 2023  image.png 71.94 KB These charts do show a marked increase in hiring for the top three roles year-on-year. Below that, the numbers are comparable. It is interesting to see a marked increase in demand for Board members, CFOs, and CEOs, suggesting an appetite for more high-level strategic roles.   image.png 88.46 KB Looking at the regional breakdown of the top roles shows that, although demand in the Americas outweighs that in EMEA or APAC, the increase is consistent in all regions. It may be that greater confidence or demand in Americas will filter through to increased demand elsewhere – something to monitor in Q3.  image.png 77.3 KB On a quarterly basis we see much less change in demand, again suggesting that Q2 is continuing the momentum seen in Q1.   image.png 93.85 KB The regional breakdown above is also very similar, although Q2 does seem to show a greater increase in demand for some of the top positions in the Americas, and more demand in other regions in Q2 when compared with Q1.   image.png 87.46 KB Meanwhile, demand at the top ten companies hiring the most senior people doesn’t seem to show a huge change, year-on-year. We can see a shift from mainly Energy firms to more Mining companies in the Q2 2023 top ten, and we can already see the increase in demand from Mining firms in Q1: image.png 98.45 KB This will be interesting to watch play out in Q3 and Q4 to see if the sector can continue the momentum experienced in the first half of the year, and to see whether demand for senior talent will continue to be dominated by the Americas and by the Mining, Metals & Minerals subsector for the rest of the year. 

Introduction: Global senior hiring growth was sluggish year-on-year and down on Q1 The latest inSights report by TALNT, a leading AI-driven platform for tracking global executive moves, reveals a slowdown in senior-level hiring within the Real Assets sector for Q2 2023. Despite an 18% year-on-year increase, the sector experienced a nearly 40% decline in hiring compared to Q1 2023, indicating a loss of momentum. This comprehensive analysis explores these trends across various regions and subsectors, highlighting a significant shift from Investments to Real Estate Asset Management. Whether youre an industry professional or an investor, read on to gain valuable insights into the sluggish talent market and what it could mean for the Real Assets sector moving forward. Senior level hiring increased by only a little in Q2 2023 versus the same period last year, and decreased quarter-on-quarter image.png 111.16 KB We feel that our Real Assets data may be incomplete, so we are using the sources we currently have access to as a guide to the broader trends within the sector rather than a precise indication.  That said, going by the above charts what we see year-on-year is sluggishness in senior level hiring. Our figures suggest a slight increase of around 18% y-o-y, but they also suggest almost 40% lower hiring than in Q1 this year. Q1 this year saw an 85% increase on Q1 2022. So we appear to have seen a rebound in Q1 whose momentum is beginning to dissipate.  image.png 117.13 KB The chart above shows that dissipation, with more peaks in Q1 and a steady increase over February and March which has ebbed away somewhat throughout Q2.  image.png 53.05 KB These charts appear to show a small increase in senior hires in the Americas, and a smaller increase in EMEA and APAC. This suggests both that the Americas is the driver of this market, while also that the trends are affecting all regions similarly. The sluggishness of the market is not regional, in other words.  image.png 50.07 KB Here again, analysing the data quarter-on-quarter shows that the decline in senior hiring from Q1 to Q2 is repeated across all regions, with Americas still showing the most demand.  image.png 205.81 KB Looking at the breakdown by subsector, the charts above show a slightly more vibrant talent market in Q2 2023 when compared with the same period last year, with a significant shift from Investments to RE Asset Management. This would fit the macro-economic narrative suggesting that real estate firms have moved away from investing towards managing and optimising the cashflow of existing assets in their portfolios.   image.png 247.04 KB Quarter-on-quarter, we see that the industry shift towards Asset Management and away from Investments was already well underway in Q1 this year, although even this subsector seems to have scaled back on hiring senior talent as the first half of the year has progressed. image.png 70.14 KB These bar charts illustrate the same trends from a different perspective. Note that the charts for Q2 2023 show hiring in Capital Raising, Leasing, and Operations that was completely absent from our data sources in the same period last year.  Although those numbers remain small, this change does suggest that the sector is more vibrant than in 2022. These charts also show the significant decrease in senior hiring in Investments, and the corresponding rise in senior hiring within the Advisory/Brokerage and Asset Management subsectors.   image.png 87.01 KB As already mentioned, the numbers for Q1 this year show that the Q2 numbers are mostly a step down and that the increased momentum seen in Q1 has stalled a little in Q2.   image.png 126.64 KB The above pie charts reflect how the balance of senior hires has changed year-on-year, again showing the relative decline of hiring in the Investments subsector and the rise in other subsectors.  image.png 136.09 KB On a quarterly basis, the charts have actually changed a little less, with Advisory, Asset Management and Investments making up the majority of senior hires.   image.png 106.67 KB Regionally, the charts above reiterate the trend already commented upon that the majority of senior hires have been in the Americas.  image.png 114.22 KB Most popular senior roles in Q2 2023  image.png 65.53 KB The bar charts above show how the top roles are not increasing particularly. Again, our sources may be limited, and we can see a shift in the types of roles hired for in Q2 2023 compared with the previous year, but the numbers remain low, which suggests a continuing sluggish talent market.  image.png 83.36 KB Looking at the regional breakdown of the top roles shows how the numbers are low in each region.  image.png 75.08 KB Comparing Q2 this year with Q1 tells a different story, however, with much more hiring into CEO and Board positions in Q1. Looking at the regional breakdown of these numbers below: image.png 86.79 KB Again suggests that the trends are being felt equally in all three regions. Although Americas is clearly the market with the most hires, all three regions are showing similar increases and decreases, suggesting that the current talent sluggishness is very much a global phenomenon. image.png 92.45 KB Looking at the top 10 companies above, however, shows a significant concentration of hiring within the top few companies. Beyond this, there’s no clear trend, except to suggest that hiring was a little more sluggish in Q2 2022.  Comparing Q2 with Q1 (below) shows much the same pattern – more of a concentration of hiring at a few top firms. We’ll have to see what Q3 shows us about the strength of demand for senior talent for the rest of the year.  image.png 92.96 KB  

Introduction: Global senior hiring more than doubled year-on-year, with increases in all regions Drawing on TALNTs robust AI analytics, which track executive moves from an expansive network of over 150,000 reputable sources, our latest insights report unveils a staggering 155% year-on-year increase in senior-level hiring within the banking sector for Q2 2023. This data-driven analysis offers an unparalleled perspective on global hiring trends, revealing significant shifts that could have far-reaching implications for the banking industry. What do these numbers signify for the sectors future, and how can they guide your strategic planning? Read on for comprehensive insights.Senior level hiring increased by 155% in Q2 2023 versus the same period last year image.png 116.73 KB From the above charts, it’s clear to see that senior level hiring has increased sharply year-on-year – by 155%. The fact that hiring has also increased quarter-on-quarter – by an even more significant 251% - suggests that things have begun to change in the sector rather suddenly.  In the immediate post-Covid period the sector hired more senior people and then had to focus on cost control and scaling back on hiring in 2022 as inflation, interest rate rises and fears of global recession hit the sector hard.  Statistically, the senior level hiring increase we’re seeing is both very large and very sudden, so let’s take a deeper dive into what’s going on: image.png 114.11 KB The chart above shows that hiring in Q1 was flat on the year and has seen a significant increase in a very short period. But which regions are driving this growth? image.png 53.94 KB These charts appear to show significant senior hiring increases in all regions year-on-year. While the biggest numbers are clearly to be seen in the Americas, these charts show every region has seen significant increases.  image.png 47.17 KB Once again, analysing the data quarter-on-quarter shows the same trend – a sharp increase between Q1 and Q2 this year.  image.png 229.31 KB Looking at the breakdown by subsector, the charts above again show the sharp increase in senior hires year-on-year, with Corporate Banking and Industry Coverage being the main beneficiaries.   image.png 229.63 KB Quarter-on-quarter, we see an increase in hiring across all subsectors, though Q1 seemed to show a significant increase in Corporate Banking hires already.   image.png 78.9 KB These bar charts show us significant year-on-year increases in every subsector, with the biggest numerically being Corporate Banking (up 181%) and Industry Coverage (up 333%). That said, most of the other subsectors – aside from Debt Capital Markets and Equity Capital Markets – have not increased hugely, suggesting that several subsectors remain cost sensitive and hesitant to hire too fast.  image.png 79.96 KB As already mentioned, the numbers for Q1 this year show how sudden the increase has been, as well as showing that Corporate Banking was already the standout subsector.  image.png 138.55 KB The above pie charts reflect the significant shift in the balance of senior hiring year-on-year, with Corporate Banking showing the biggest proportional increase, and Industry Coverage the largest proportional decline.   image.png 121.16 KB On a quarterly basis, we see again that the proportional changes had largely taken place by Q1 of this year, when Corporate Banking was already the largest subsector.  image.png 118.53 KB Regionally, the charts above show what looks like a return to Americas dominance of the senior hiring landscape, from APAC being the dominant region in the same period last year.   image.png 120.3 KB Most popular senior roles in Q2 2023  image.png 76.54 KB These charts show the sharp increase in MD hiring year-on-year seems to have driven a lot of the increase overall, although Board, CEO, and SVP appointments have all grown significantly in the same period. In fact, we seem to be seeing a move away from ingrained low numbers and very specific appointments in Q2 2022 to the appointment of more strategic roles in Q2 2023.   image.png 81.71 KB The quarterly comparison above shows again how sudden this change has been, as appointments in Q1 of this year were still very low and less strategic.  image.png 86.33 KB Looking at the top 10 positions from a regional perspective, the above charts seem to reiterate that the growth can be observed across all regions, and that several of the big strategic roles such as SMD, VP, and Partner were almost exclusively hired in the Americas. We can also see the biggest increase in demand for MD appointments coming from the same region.  image.png 90.88 KB Looking at the top 10 companies making the most senior hires, it’s interesting to note that all the major banks were talking about looking to control costs and cut staff at the beginning of the year, yet Deutsche, Jefferies, UBS and Barclays all made significant hires in Q2. That said, outside of the top three, the numbers remain small, so we’re perhaps seeing a resurgence across many firms rather than a concentration of hiring in the usual suspects at the top of the tree. In this context, it’s possible for the senior hires to be replacement hires in many cases, or to be low enough at most firms to remain within the overall remit of cost cutting and caution.  Most of the bigger numbers of hires do appear to be happening in the US market right now, suggesting more confidence in that market. But we could be seeing the beginning of confidence returning globally. Only time will tell. We will be monitoring the numbers in Q3 2023 to see the extent to which the trends observed in Q2 continue.

Introduction: Global senior hiring more than doubled year-on-year, but was down on Q1 In a year marked by significant changes, the consulting sector has seen a complex landscape of senior-level hiring in Q2 2023. According to TALNTs AI-driven analytics, which source data from over 150,000 reputable outlets, senior hiring surged by 118% year-on-year but showed a 10.1% decline quarter-on-quarter. This report delves into the intricacies of these trends, breaking down the data by region, subsector, and role. From the dominance of Finance Consulting to the regional disparities in hiring, we examine what these numbers mean for the industrys future. Are we witnessing a temporary spike or the beginning of a sustained trend? Read on to explore these critical insightsSenior level hiring increased by 118% in Q2 2023 versus the same period last year, but decreased by 10.1% quarter-on-quarter image.png 108.87 KB From the above charts, it’s clear to see that senior level hiring has increased sharply year-on-year – by 118%. However, the increase in senior hiring in the sector was already significant in Q1, and if we look at the quarterly charts for comparison:   image.png 118.86 KB The chart above shows that hiring in Q1 was a little higher than in Q2, meaning we might be looking at a slight decline. The question is what seems to be driving the growth and is it a sign of confidence in the sector?  image.png 53.51 KB These charts appear to show significant senior hiring increases in all regions year-on-year. The Americas are up 114% year-on-year, although EMEA saw a y-o-y increase of 100%, and APAC an even more impressive 153%.   image.png 50.33 KB Once again, analysing the data quarter-on-quarter shows that this also represents a slight decline on the quarter, again across all regions. So although the numbers in the Americas are higher, the increases are significant across the board. It’s not entirely accurate to talk of the Americas region driving this growth, as is the case in several other industries.   image.png 184.27 KB Looking at the breakdown by subsector, the charts above again show year-on-year increases in all subsectors, with Finance Consulting being by far the most dominant subsector.  image.png 213.39 KB Quarter-on-quarter, we see a very different picture. Indeed, aside from seeing that Finance Consulting hiring was already dominant in Q1 of this year, it’s hard to be certain of the trends in the other subsectors. For that, we must turn to the bar chart format:  image.png 64.87 KB These bar charts show us that we can see significant year-on-year increases in every subsector, with the exception of Operations Consulting. While Finance Consulting was up 127%, Risk Consulting showed the biggest percentage increase, at 325%. Senior hiring was up 107% in People & Organisation Consulting, and up by 92% in Strategy Consulting. image.png 70.81 KB As already mentioned, the numbers for Q1 this year were mostly higher than in Q2. We can see this in the subsector breakdown. While the numbers still show an increase in Finance Consulting hires of 24% q-o-q and in Strategy Consulting of 13.6%, Operations Consulting was down 92%, People & Organisation Consulting down 38%, and Risk Consulting was down 5.6%. image.png 110.04 KB The above pie charts reflect how the balance of senior hires has actually changed very little year-on-year. The proportion of senior hires in Finance Consulting is almost exactly the same proportionately, while the next highest shares of total hires have also changed very little.  image.png 109.41 KB On a quarterly basis, the charts have actually changed a lot more, with Finance Consulting taking a significantly smaller share of the total in Q1 than in Q2.   image.png 102.53 KB Regionally, the charts above show that the increase in Finance Consulting is being seen in EMEA and APAC as well as the Americas, while Operations Consulting growth seems to be limited to the Americas. The regional charts do show an increase in APAC hiring in three subsectors, and a corresponding proportional decline in EMEA hiring.   image.png 106.98 KB Interestingly, the senior hiring percentages for Q1 this year show a much more regional mix of hiring than Q2, suggesting a more vibrant and confident sector globally in the first three months of the year.  Most popular senior roles in Q2 2023  image.png 69.13 KB These charts do show a marked increase in hiring for the top roles year-on-year, especially for Partner, MD and Director roles. As the charts below show, there were actually more hires into the top roles in Q1 when compared with Q2.  image.png 70.61 KB Looking at the regional breakdown of the top roles below shows us an interesting trend: image.png 80.37 KB The top three positions are much more mixed, while almost all senior hiring for the remaining top roles took place in Americas, showing the differences in roles in the different regions.   image.png 93.27 KB Looking at the top 10 companies making the most senior hires, it’s interesting to note that Q2 this year saw a much larger spread of high levels of hiring when compared with the same period last year, suggesting that the senior roles have not only increased overall, but are spread fairly evenly between the top players in the sector. This presents a stark contrast with Q1 (below), where we see far more of a concentration of senior hires within FTI Consulting, and an even broader spread of senior hiring throughout the rest of the top companies in the sector, which perhaps suggests that a majority of larger consulting firms are still concerned not to hire too much in Q1 when compared with Q2. Are we seeing the hiring barriers come down? We can’t be sure until we review the trends for Q3, but it will be interesting to see.  image.png 89.03 KB