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EXEC POLL REPORT Q4 2021

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© 2021 West Monroe Partners | Reproduction and distribution without West Monroe Partners prior consent is prohibited. West Monroe polls 150 C-suite executives every quarter on the issues that are timely and matter most to decision-making that quarter WESTMONROE.COM/perspectives/quarterly-executive-poll 3 Hiring is still hot: Only 5% say they 'll lay off this quarter, while 71% say they 'll hire more and 25% say "no change from last quarter," when hiring was at its highest. The war for talent is leading executives to approve higher contingent labor levels than they 'd like—and increase wages, invest in retention, and grant more "work from anywhere" policies to open up their talent pool. Executives are split on whether they 're more compelled to travel for business or pleasure. However, they are aligned on what will drive business travel: new customer acquisition, face time within their own companies, and in-person events. But, 83% say new variants and rising cases or death rates from COVID would continue to hamper business travel in 2022. Despite the lingering effects of COVID, a supermajority of executives have a positive outlook on the U.S. economic recovery—75% are bullish and 25% are bearish. Reflecting on 2021, the Delta variant, The Great Resignation, and shortages affected their business the most. They have strong M&A plans for Q4 and are focused on sustainability heading into 2022. Execs remain positive and aggressive with their plans. Hiring is still hot, hot, hot—with execs trying new strategies. The future of business travel is on thin ice. See more results at westmonroe.com/perspectives/quarterly-executive-poll Our Q4 Executive Poll revealed three themes among the 150 C-suite executives who were surveyed

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