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Corporate Governance 2012

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Welcome to Barclay Simpson’s 2012 Corporate Governance Market Report.

This is the 22nd year we have produced market reports summarising and analysing recruitment trends in corporate governance. This report serves to review developments during 2011 and to provide an insight into how the recruitment market for corporate governance will develop in 2012.

In our previous market report in July last year, we reported that the recruitment market appeared reassuringly normal. Outside of the public sector demand was spread across the various sectors of the economy and candidate shortages were as evident as at any time in the past. However we also observed that given even the most optimistic outlook, the debt issues within the Eurozone would need to be resolved. We perceived the biggest threat to the corporate governance recruitment market to be the uncertainty that the potential crisis was generating. Uncertainty undermines confidence and recruitment markets run on confidence.

Uncertainty intensified in the second half of 2011 as the Eurozone debt crisis escalated. In our report we will go on to describe the recruitment market in detail. It is clear that whilst companies have been demonstrating the desire to recruit by registering vacancies and conducting interviews, they have become more reluctant to make offers of employment. To put this decline in some form of perspective in this report we are providing a benchmark. It demonstrates that the composite rate of placements for all the individual corporate governance markets in the final quarter of 2011, was 50% off the peak achieved during 2010.

We have no better insight into how the economic chips will fall than anyone else. In our opinion avoiding a major crisis and muddling through with anaemic growth is perhaps the best we can hope for. It would certainly allow corporate governance recruitment markets to return to more usual levels of activity, where offers of employment are readily made and accepted.

For more in-depth coverage, comprehensive market reports exist for
Internal Audit, Compliance, RiskSecurity and Legal recruitment markets.

We place great value on the professional reaction to our reports and would appreciate your comments or any requests for further clarification or information. Please feel free to contact us on 020 7936 2601 or
bs@barclaysimpson.com.

We hope you enjoy the report and would very much appreciate your feedback.

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