The Executive Search Recruiters industry has grown at a relatively strong rate following the economic downturn in 2008-09 and 2009-10 caused by the global financial crisis. The industry rebounded after Australian businesses focused on restructuring and cost minimising to remain profitable in the post-financial crisis landscape. Businesses have increasingly outsourced recruitment to find the best employees, and executive recruitment has been no exception. However, this segment makes up a significantly smaller proportion of total company hiring activity, with the financial success of large publicly listed firms also driving industry demand and growth.
This industry provides executive search, recruitment and placement services for clients with specific executive and senior management requirements. Industry firms develop a search strategy and position specification based on the culture and needs of a variety of businesses. Operators are involved in the research, screening, interviewing, contract negotiations and company assimilation of employees.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.