When it comes to filling senior posts, most
companies run into the same dilemma. Should they
look within their own ranks or cast the net outside
the company?
Our survey found that companies in most sectors
and regions chose external recruitment over
promotion in 2017.
The decline in hiring within the company was
similar across all regions, falling sharpest in Asia/
Pacific and Latin America in 2017 on the year,
our survey shows. The most balanced markets,
however, remain North America and Central and
Eastern Europe, with 44% promotions and 55%
external hires. Most other regions show a ratio of
one-third to two-thirds, respectively.
By sector, the sharpest decline was in professional
services, real estate and financial services, less so
in consumer markets and media, technology and
telecom, according to the survey.

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