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Managerial unemployment survey - Part II: Spanish managers' reaction to unemployment

Reference: FHN-305-E
Geographic Setting: España
Publication Date: Jun 1, 1996
Source: IESE (España)
Type of Document: Technical Note

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Description

This note studies how Spanish managers react to unemployment. This study is a first cut analysis of the phenomenon. The sample is drawn from alumni of IESE's different programs. The 70 respondents represent all groups of managers. Key conclusion are: All groups of managers are affected by unemployment. The most often reason given for managerial unemployment is the lack of understanding with the superior. Only 25% of the respondents believe that the decision that made them unemployed was a correct one. Managers who get unemployed think about changing their career. Long-term unemployment is rather the exception among IESE-Alumni. The means managers employ to find a new job are both-personal contacts and the job market.