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Recruiters Expect An Increase In Six-Figure Job Growth
www.execunet.com — December 3, 2007 — ExecuNet's Recruiter Confidence Index (RCI), a leading indicator for the executive employment market, dipped two percentage points in November. Despite this modest decline, the vast majority of executive recruiters are expecting a double-digit increase in search assignments during the next three months, and nearly half of all firms are planning to add staff.
Introduced in May 2003, the Recruiter Confidence Index is based on a monthly survey of executive recruiters conducted by ExecuNet (www.execunet.com), the executive career and business networking organization. Independent analysis of the RCI has confirmed it is a leading indicator for the executive search industry.
According to November's survey of 163 executive recruiters, 59% are confident or very confident the executive employment market will improve during the next six months – down slightly from 61% in October.
Confidence In The Executive Employment Market
Next Six Months
"At the executive level, the employment market is proving remarkably resilient," says Mark Anderson, President of ExecuNet. "Looking at the volume of $150k+ jobs that search firms and corporate recruiters are trying to fill suggests that the laws of supply and demand continue to work in favor of the executive candidate."
Recruiters' short-term outlook was also tempered in November, as 58% were confident or very confident the executive employment market will improve during the next three months – down from 62% in October. During this period of time, 78% of all search firms are expecting at least a 10% increase in search assignments and 49% are planning to hire additional staff to keep pace with the market's growth.
Founded in 1988, ExecuNet brings C-level executives together online and in face-to-face meetings to discuss business challenges, solutions and opportunities, and share job leads. A recognized authority in executive recruiting and human capital, ExecuNet also provides members access to confidential six-figure jobs listings, proprietary research, and pragmatic advice. For more information, visit www.execunet.com.
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