jwmc-company

JW Michaels Heads To Atlantic City For Company Incentive

Angela Venuti Blog

JW Michaels hosted over 40 people at The Borgata Hotel in Atlantic City for their annual incentive trip. Team members from Atlanta, Chicago, Houston, New Jersey and New York joined forces for a weekend of great food, bonding and relaxation!

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Crains Names JW Michaels 7th Largest Executive Search Firm In NY

Kristy Wright Skeehan Blog, Executive Search, News

JW Michaels & Co. has been named the 7th largest executive search firm in the New York area by Crain’s New York Business. Last year the firm was ranked number 11 on this list. We look forward to continued growth in the future!

As appeared in Crain’s New York Business. Schifman, Gerald (2016, February 8) The List: Largest Executive Search Firms | Executive Pay Escalates

A strong economy has made it more expensive to hire the best executives.

“Companies have to make top offers to hire top talent- or they’ll just lose them,” said Jason Wachtel, chief executive at JW Michaels (No. 7 on Crain’s list), who has been working in recruiting for 12 years. “The average raise is about 20% to 30% and I’m seeing people on the junior side getting 50% raises.”

While rising C-suite compensation may frustrate the typical worker, whose wages have remained stagnant, it is a boon for executive recruiters, because their search fee is taken as a percentage of the total pay- typically 33% for retained searches.

,,Companies have to make top offers to hire top talent- or they’ll just lose them,
-Jason Wachtel, chief executive & managing partner at JW Michaels

A strong economy has made it more expensive to hire the best executives.

“Companies have to make top offers to hire top talent- or they’ll just lose them,” said Jason Wachtel, chief executive at JW Michaels (No. 7 on Crain’s list), who has been working in recruiting for 12 years. “The average raise is about 20% to 30% and I’m seeing people on the junior side getting 50% raises.”

While rising C-suite compensation may frustrate the typical worker, whose wages have remained stagnant, it is a boon for executive recruiters, because their search fee is taken as a percentage of the total pay- typically 33% for retained searches.

“The end of 2015 was the busiest I have ever seen it,” Wachtel said. “Candidates are in high demand and interviewing at many places.”

To keep up with demand, executive recruiters are expanding their ranks. Overall Crain’s top 25 executive recruiters have grown their New York operations by 5.3%. Jw Michaels added 21 recruiters in New York in 2015 and already has hired five more in 2016.

crains-7-2016-jwmc

Read the article: http://crainsnewyork.ny.newsmemory.com/ by Gerald Schifman

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JW Michaels Increases National Expansion With New Investment in Atlanta

Kristy Wright Skeehan Blog, News

expansion-atlanta

JW Michaels & Co. Announces Investment in ExecuSource

NY-based executive search firm expands national presence with prominent Atlanta staffing firm investment

New York/Atlanta, Jan 29, 2016: JW Michaels & Co., one of the nation’s leading executive search firms, announced its expansion into the Atlanta market through a majority investment in ExecuSource, Inc. ExecuSource’s local experience and resources will contribute to JW Michael’s continued growth as a national firm with proven executive recruiting expertise.

JW Michaels & Co. is a leading national executive search firm dedicated to serving the recruiting needs of top-tier financial services, legal, technology and business institutions, including investment management firms, hedge funds, investment banks, law firms and Fortune 500 companies. Based in New York, with offices in New Jersey, Chicago and Houston, JW Michaels places compliance officers, general counsel, patent counsel, IT, legal, A&F and risk management executives.

“We have been seeking the right strategic partner to enhance our presence in the Southeast, especially in the large and growing Atlanta market,” says Jason Wachtel, managing partner of JW Michaels. “ExecuSource is the perfect partner in terms of capabilities, geographic location, leadership and culture.”

As one of the leading executive search firms in the Atlanta area, ExecuSource has placed more than 5,000 accounting, finance and IT professionals with over 200 mid-sized to billion-dollar organizations. ExecuSource founding partners Frank Green, Marc Schwartz and Michael Johnson, along with the company’s exceptional team, will continue to lead and grow the firm. ExecuSource has moved into a new, larger space and plans to hire and expand into other Southeast markets and verticals.

Frank Green, CEO of ExecuSource, says, “We are excited about joining forces with JW Michaels. We share similar philosophies and have complementary strengths. The combined resources will be invaluable for serving new and existing clients.” He adds, “Both firms share a commitment to personalized client service, the highest level of integrity and nurturing uniquely innovative cultures. One plus one is really three or four in this case.”

According to Michael Johnson, a managing partner of ExecuSource, “We are very proud of what ExecuSource has accomplished. We look forward to continuing to provide our clients with exceptional service and our staff with expanded opportunities as we grow together with the JW Michaels team.”

Wachtel concludes, “JW Michaels has grown rapidly and expanded into many cities, and we plan to continue to open new offices, target additional industries and hire more employees. Joining forces with ExecuSource is an important step in accelerating our growth to better serve our clients — and create greater opportunities for everyone on our team.”

About ExecuSource, Inc.:

Since 1998, ExecuSource, Inc. has been Atlanta’s trusted staffing partner. To date, ExecuSource has placed more than 5,000 accounting, finance and IT professionals with over 200 mid-sized to billion dollar organizations in the Atlanta area, creating a name as a leader in human capital management. While other staffing firms may simply provide standardized placement services, ExecuSource is driven by a relationship-driven philosophy. The firm is distinguished by getting to know candidates on a personal level to gauge their specific interests and unique abilities; then placing them with the right culture fit that propels their careers and leads to long-term professional fulfillment.

About JW Michaels & Co.:

JW Michaels & Co. is a specialized executive search firm dedicated to serving the specialized recruiting needs of top-tier financial services, legal, technology and business institutions. The company places compliance officers, general counsel, patent counsel, IT, legal, A&F, and risk management executives with select investment management firms, hedge funds, investment banks, law firms, and Fortune 500 companies in every industry. The scope of JW Michaels’ services is always tailored to the client’s individual needs. With nearly 50 years’ professional recruiting experience, their commitment to excellence has allowed them to act as a trusted advisor and partner to help clients meet hiring needs by sourcing the best in professional talent.

 

Press Contact:
Jon Lieb/Anita Bell
Thirty Ink
212-563-8025
###

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JW Michaels and CRC host RCA’s General Session

Kristy Wright Skeehan Uncategorized

On January 19, 2016, representatives from JW Michaels & Co. and Compliance Risk Concepts hosted the 75,000 member Regulatory Compliance Association’s General Session.

Managing Partner Jason Wachtel spoke about the background of JW Michaels and CRC, and discussed the hiring trends in the Compliance, Legal, and Risk industries.

Mitch Avnet (Founder and Managing Partner, Compliance Risk Concepts) discussed CRC.

Justin Mandel (Partner, Head of General Counsel and Chief Compliance Officer Practice) discussed hiring trends related to GC/CCO roles.

David Sawits (Vice President and Head of Legal Recruitment) joined Justin in the discussion of GC searches.

Adam Gantt (Executive Recruiter, Risk and Front Office) discussed hiring trends in the Risk market.

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justin-mandel

Justin M. Mandel | Managing Director & Head of Compliance

Justin Mandel Meet The Team

Justin is a founding principal of JW Michaels & Co. and head of the asset management legal and compliance practice. He also co-heads JW Michaels’ New York Office. Justin was formerly a co-head of the Executive Search division of a national search firm and built and ran the firm’s legal and compliance practice.

Prior to recruiting, Justin worked in real estate development and consulting, and was a Senior Consultant in the Washington, D.C. office of PKF Consulting – Hotel Consulting Services. Justin received a Bachelor of Science (Honors) in Business Administration, from the University of Delaware


CRC-TV Episode 6: Justin M. Mandel discusses risk operations and compliance hiring with Elin Cherry Principal & Head of Capital Markets at Compliance Risk Concepts.

Connect with Justin:

Email: jmandel@jwmichaels.com
LinkedIn: https://www.linkedin.com/in/justinmmandel
Twitter: @JWM_Compliance

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Financial Services Data Report Of 2015

Kristy Wright Skeehan Compensation, Executive Search, News

JWMC-2014-Market-Data JW Michaels & Co. has released its 2015 Financial Services Market Data Report. The data appearing in this compensation report were collected by comparing successful placements made by JW Michaels during 2015. The report presents compensations grouped by size and type of firm as well as by job title.

The data represent total compensation for various executive positions in the compliance, legal, risk, accounting and finance, and information technology areas. JW Michaels compiled this information based on completed placements made by the company in 2015 at its offices in New York City, New Jersey, Chicago, Houston, Boston and Atlanta.

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