Wilson Cole's Podcast From The Road

Hi, this is Wilson Cole, President of Adams, Evens & Ross (AER), and the topic of today’s podcast is the statistics/numbers behind back door hires (BDHs). To start off with, I want to let you know that we’ve performed millions of searches and put in a lot of hours to observe these statistics. The first type of statistic revolves around which industry is most likely to perform a BDH. The industry that is least likely to perform BDHs is the financial industry. Even though they still happen, from the numbers we’ve observed, they happen at a rate of 1 out of 700 presentations. The continue along this line, the manufacturing industry has BDH rate of 1 out of 610 presentations, the engineering industry has a rate of 1 out of 594 and the legal industry has a rate of 1 out of 535. The industry that has the most frequent rate of BDH, note this is industry and not position, is the medical industry where 1 out of 490 presentations turns into a BDH.