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

Fewer Search Firms Plan To Add Staff, Most To Keep Their Teams Intact

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Source: ExecuNet
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Summary Analysis:
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While executive recruiters continue to express confidence in the executive employment market for 2010, fewer of them are planning to hire additional staff as many search firms proceed with caution until the economy signals a more significant recovery.
After spiking positively in January, ExecuNet's benchmark Search Firm Hiring Index retreated in February, with only 21 percent of 183 responding executive recruiters indicating they have plans to hire additional consulting and/or research staff in the next three months.
Seventy-five percent of respondents indicated their staffs would remain at current level during the same period.
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2009 Executive Job Market Intelligence

Our 17th Annual Executive Job Market Intelligence Report captures the latest trends and developments in senior-level hiring, compensation and executive search.

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Download Executive Summary Now

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"The next time I have an upper-level position, I will get in touch with ExecuNet. I was very pleased with the quality of the candidates that I was receiving. Normally, if I were to post this on [other sites], I'd receive about 100 candidates who think they're qualified [and are] not, and maybe 2 that might barely fit the specs. So, from an internet-recruiting standpoint, you guys are doing a wonderful job!!! Thanks again!"
-Amanda Kearns, Recruiter, Spherion Professional Recruiting
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Positions filled by ExecuNet members:
GM of Finance / CFO, Commercial Avionics, $110K - $150K
Dir. Quality, Electronics, $100K
IT Program Mgr. / Finance, Pharmaceuticals Research, $115K - $125K (+20%)
Software Procurement Specialist, Financial Services, $100K - $120K (+10%)

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