Search Firms Follow Corporate Clients’ Cautious Approach to Hiring

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

Comments (0)

While executive recruiters continue to express confidence that executive hiring activity will increase over the next six months, they are also following many corporate clients' slow and steady approach when it comes to hiring new professional staff.

In February, ExecuNet's benchmark Search Firm Hiring Index revealed that 28 percent of 171 responding executive recruiters indicated they would be adding new professional research and consulting staff over the next three months.

Percentage of executive search firms planning to hire additional professional staff — next 3 months

That was down six points from January, but in line with anecdotal evidence that suggests many executive search firms want to experience a more prolonged economic recovery and more corporate business expansion before rebuilding their own recruiting teams.

| More

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.