Now, CXO hires keep India Inc. guessing

CXO dropouts are frustrating because the lengthy process has to start from scratch, delaying the company's plans. Headhunters are annoyed, too, since they get paid only if the candidate joins and works for a fixed minimum period.

- Devina Sengupta

According to search firm Korn Ferry, CXOs in India have more options than their counterparts in the US and Europe, translating to multiple job offers for the same person.

"Companies are now looking at talent from their own and other areas, which means candidates with the right competencies have multiple options. Firms about to lose top talent are ready to retain CXOs, offering bigger roles and revising compensation," said Ashwin Saboo, senior client partner and head of industrial markets at Korn Ferry.