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Executive Hiring

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Hired Guns Too Often Shoot Blanks

Does it pay to hire the best candidate money can buy? Probably not, said Jeffrey Pfeffer, a professor of organizational behavior at Stanford’s Graduate School of Business.
More often than not the hired gun is a dud, he said. “Outside successors seldom succeed.” Nevertheless, businesses love hiring outsiders (especially for chief executive officer and other C-level [...]

The Hiring and Salary Freeze Begins to Thaw

Nearly half of American companies (47 percent) say they will hire executives and senior managers in the last quarter of 2009, according to a survey of 201 employers by Watson Wyatt, a business-consulting firm.
Fifty-four percent of employers who locked salaries in 2009 intended to initiate raises in the next six months, and 70 percent plan [...]