Most Search Firms Want Economic Clarity Before Rebuilding their Own Teams

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

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When it comes to rebuilding their teams, most executive search firm leaders are adopting the same approach many of their corporate clients have adopted: not before we get some real, sustained clarity on the future direction of the US economy.

In September, ExecuNet's benchmark Search Firm Hiring Index revealed that 20 percent of 142 responding executive recruiters indicated they would be adding new professional research and consulting staff over the next three months, which was unchanged from August.

Percentage of Executive Search Firms Planning to Hire additional Professional Staff — Next 3 Months

Twenty percent of executive search firms, however, continue to buck that trend, and it remains to be seen whether the industries they serve will continue to demand the management talent that would enable their firms to continue hiring in the months to come.

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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.