According to Ad Age, pay isn’t yet under pressure at the agency management level.
But agencies might be tightening their hiring standards.
“People are looking for mature, aggressive, in-command personalities,” Sharon Spielman, managing director at recruitment firm Jerry Fields Associates, said. “I think when the economy suffers, they’re more concerned about stability and experienced management people who can command a presence automatically. It’s their safety net.”
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i’m presuming that “mature” does not mean over 40.