Regardless of the economy overall, there are many industries in which there’s an urgent need to fill certain positions.
Canton, Ohio (PRWEB) May 13, 2013
Recruiting is a fickle profession. Recruiters’ fortunes can yo-yo, not just from year to year, but also from quarter to quarter.
Not only that, but what’s happening in the economy overall sometimes has no direct bearing on the activity level within the recruiting ranks. In other words, a slowdown in the economy doesn’t necessarily mean a slowdown in recruiting.
The economy is no doubt still in “recovery mode.” It could be argued that it’s made progress since the first quarter of 2012. But, what about executive recruiters? Are they faring better now than they did a year ago at this time?
According to a recent recruitment survey conducted by Top Echelon Network, an elite recruitment network of highly specialized search firms, over 40% of recruiters enjoyed a better first quarter in 2013 than they did in 2012.
As part of that survey, Top Echelon Network asked the following question: “How does your overall ‘cash-in’ for the first quarter of 2013 compare to the first quarter of last year?”
A full 25% of survey participants indicated that their “cash-in” was “up more than 20%” since last year, while another 16.7% selected “up 1% to 20%” as their answer.
Of course, some recruiters were of the opinion that their “cash in” was “the same.” That segment of respondents equaled 19.4%.
As for those recruiters not faring as well, 22.2% indicated that their “cash in” was “down 1% to 20%,” and another 16.7% chose “down more than 20%.”
According to Mark Demaree, President of the Top Echelon recruitment network, the fact that 40% of recruiters enjoyed a better first quarter is indicative of the hiring needs that currently exist within the marketplace.
“Regardless of the economy overall, there are many industries in which there’s an urgent need on the part of companies to fill certain positions,” said Demaree. “Our recruiters help these companies fill those positions with the highest caliber, most qualified candidates available. These are candidates for which companies are gladly willing to pay a recruiting fee, and for 40% of Top Echelon Network recruiters, they’re paying that fee more often.”
The Top Echelon recruitment network was founded in 1988 in Canton, Ohio. Nearly 400 recruitment firms from all major industries are members of Top Echelon Network.