It may be too soon to start pulling out the balloons and champagne but…. Execunet is reporting through the Recruiters Confidence Index (RCI) that confidence has soared 29 points in the last 3 months. This is hitting a recent high for the months of May & June suggesting a ramp up in their businesses for the second half of the year. Execunet sources their RCI on 145 executive recruiters as the source of their knowledge.

These may not be mass hires across the board; they will probably begin as strategic placements which will vastly improve the boutique recruiters’ position in acquiring these placements. With the searches being so specific and necessary, the boutique search industry will be better suited to find the most competent individuals for the position. The pool of overqualified candidates will require the knowing eye of a source most familiar with the positions and industry and be able to determine the best executive.

The president & chief economist of Execunet, Mark Anderson stated the following:
“Recruiters’ outlook for the executive employment market during the second half of the year suggests that the bottom of the recession is now in their rearview mirrors,” says Mark Anderson, President and Chief Economist of ExecuNet. “While recruiters are not expecting to see hiring rebound overnight, professionals seeking opportunities to take their career to the next level should have a plan in place to increase their visibility among search firms and their peers.”

This news is extremely positive and it is matched by the news reflected n their additional index. Execunet also reported the Search Firm Hiring Index which has stabilized from the Q4 ’08 dip to a growth margin of over 10% in the last two months. Again this seems to reflect the nature of the growth going forward; one of strategic and well planned additions to an organization as opposed to wide spread mass hirings.

The future holds promise that there are new and bright horizons going forward. This would allow those who are most competent in their field and industry to be able to experience growth in a time where things have been desolate. Execunet studies and indexes reflect the cautious optimism that has been buzzing within the executive search industry in a whisper.

Tags: boutique search and Execunet index, executive retained search

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