Published on: Wednesday, November 10, 2010
More Executive Search Firms Adding Staff as Client Talent Demand Edges Up
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Nearly one-quarter of executive recruiters are planning to hire additional consultants or recruitment researchers in the next three months, as client companies increase their recruiting activity at the executive management level, according to ExecuNet's latest Search Firm Hiring Index data.
Percentage of Executive Search Firms Planning to Hire Additional
Professional Staff During the Next 3 Months
In October, 23 percent of the 171 executive recruiters who participated in ExecuNet's monthly Search Firm Hiring Index poll indicated they were poised to increase their professional staff to keep pace with the tempered but increasing demand for executive talent.
The October data reflects the firming of confidence among executive recruiters that, after more than two years of tepid interest in adding executive-level jobs, more employers are again eyeing growth and plan to add new talent to achieve their 2011 business goals.
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.