January 2003

Trends and Resources

HP Impact: Survey tabulates what construction execs want

Hiring may be down as the economy slows, but leading engineering, construction and architecture firms say they're spending more to train their senior executives. Respondents from 782 in..

Weirauch, Wendy, Hydrocarbon Processing Staff

Hiring may be down as the economy slows, but leading engineering, construction and architecture firms say they're spending more to train their senior executives. Respondents from 782 industry firms indicated that spending on leadership development programs and human capital services - such as executive coaching - increased 6% over the past 12 months. Spending on outplacement services rose by 15% due to the slow economy, and the reduction in outplacement costs made available through technology advances and Web-based, self-help solutions. "Many of our clients were interested in providing career counseling and outplacement

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