Staff Turnover | 9/10 CEOs, execs and leaders get career boost after the sack

For most individuals, getting fired is a worst-case scenario. Immediately, there could be worries circulating about mortgage or rental payments, family responsibilities and general life security.

Further down the line, there might be fears that being fired or let go will stick out on their CV like a sore thumb - deterring them from getting future employment.

However, for one type of candidate, getting fired might not be a bad thing – that is, according to a ten-year study by bestselling author’s Elena Botelho and Kim Powell.

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Their decade-long research into CEOs, executives and leaders found that 91% of executives who had been fired took a job of similar of greater level of seniority further down the line.