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  Market Trend Watch

  • Recruiter Confidence Index

  • Search Firm Hiring Index

  • Annual Job Market Intelligence Report

    Recruiter Confidence Index

    Recruiter Confidence Over 50 Percent in January

     Summary Analysis:

      Our exclusive Recruiter Confidence Index (which measures the percent of recruiters who believe the executive job market will improve over the next six months) reached 51 percent in January – the highest it has reached in over two years. The RCI had languished throughout 2012-13 in the high 30s and low 40s. Going over 50 percent is a very significant breakthrough, as it suggests a major expansion if it holds throughout 2014.

    Significantly, those who don't think the market will improve dropped below 10 percent, which suggests that this more optimistic view is fairly broad-based.

    Recruiters project 15 percent growth in assignments in 2014: Recruiters we surveyed said they are, on average, looking for 15 percent positive growth in assignments in 2014, which is up from the 5 percent growth they saw in 2013.

    Our exclusive Executive Job Creation Index jumped 14 points in January: Just as important, recruiters reported that 3 in 10 companies were going to be adding new positions in the next six months. This is up from 1 in 5 companies expecting to add jobs in all of 2013. This means more opportunity for executives in 2014.

    Executive recruiters also report a higher "quit" rate (or voluntary resignation rate): This signals that executives are no longer as fearful about changing companies and are starting to pursue new options and opportunities on their own – something many put on hold in recent years.

    Introduced in 2003, ExecuNet's Recruiter Confidence Index is based on a monthly survey of executive search firms and is a nationally recognized measure of the trend in executive hiring and is typically seen as a leading indicator for the economy. It is used by Wall Street financial analysts to value publicly traded staffing companies.

    Back to Market Trend Overview

      Executive Job Market Intelligence Report

    Annual Executive Job Market Intelligence Report

    Today's executives are taking control of their career destinies by creating opportunities and options before they are in an urgent state of job search. This report reveals critical insight for recruiters to understand this new breed of "career engaged" executives, where they can be found and how to attract them.

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