Executive Search Firms More Cautious than their Corporate Clients

Posted By: Joseph Daniel McCool
Filed Under: execunet, executive recruiters, joseph daniel mccool, search firms, search firm hiring index

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While recruiter confidence in the executive employment market over the next three months hit a two-year high in June, executive search firms remain particularly cautious when it comes to adding additional staff to their own payrolls.

Percentage of Executive Search Firms Planning to Hire Additional
Professional Staff During the Next 3 Months

In June, only 17 percent of 174 responding executive recruiters indicated their firm plans to add professional research and/or consulting staff in the next three months, down from 18 percent in May.

Having weathered the biggest slump in the executive search business over much of the past two years, the majority of firms are taking a 'wait-and-see' approach to rebuilding their own teams while they seek to fully utilize existing research and consulting professionals on new search assignments from corporate clients.

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Joseph Daniel McCool's avatar Joseph Daniel McCool
Joseph Daniel McCool is senior contributing editor with ExecuNet and principal of management recruiting/succession advisory firm The McCool Group. He is also the author of Deciding Who Leads: How Executive Recruiters Drive, Direct & Disrupt the Global Search for Leadership Talent, recognized widely as "one of the best business books of 2008," and its Brazilian Portuguese translation, Escolhendo Líderes, published in June 2010.