Published on: Monday, October 04, 2010
Recruiters Busy but Holding Off on Hiring More of their Own Staff
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Executive recruiters report they're busy developing business and dialogue with potential management candidates, and despite some growth in hiring in industries such as healthcare and technology, most say they're not busy enough to add to their own staff.
In September, ExecuNet's Search Firm Hiring Index poll revealed that only 16 percent of 147 responding executive search firm leaders indicated their businesses were planning to add new professional consulting or research staff in the next three months, down one point from August.
Percentage of executive search firms planning to hire additional professional staff during the next 3 months
In some cases, executive recruiters have expressed a desire to add new staff to manage the activity within their firms but at the same time reported they want to see a more marked and sustained increasing in executive hiring activity before rebuilding their recruiting 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.