Published on: Friday, June 03, 2011
More Search Firms Plan to Expand their Staff to Keep Pace with Talent Demand
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More executive search firms are planning to add consulting and research staff in the next three months to keep up with sustained corporate demand for management talent and executive recruiting services.
In May, ExecuNet's benchmark Search Firm Hiring Index revealed that 27 percent of 162 responding executive recruiters indicated they would be adding new professional research and consulting staff over the next three months, up six points from April.
Percentage of Executive Search Firms Planning to Hire Additional Professional Staff — Next 3 months
Executive recruiters have taken a cautious approach to rebuilding their own teams in the wake of a significant slowdown in corporate management hiring in recent years. But increasing recruiter confidence and more searches by employers seeking external management talent are leading more recruiters to rebuild their teams.
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.