Global recruiters positive about market conditions

Nick Elvin

Global recruitment network NPAworldwide has announced the results of its latest study into business conditions in the contingency recruitment market.

The survey of its members – who are global recruiters operating independent, boutique agencies – looks at past results and predicts short-term future results.

Dave Nerz, president of NPAworldwide, said: “Our member recruiters are very positive and optimistic about the growth potential for their contingent recruiting businesses in the next six months.

“This survey of business owners showed that 96% of those surveyed are forecasting similar or improved market conditions in the next 180 days.

“Our member-owners called out manufacturing, and the accounting and finance vertical markets as particularly strong at this time.”

The study also revealed that 53% of the global recruiters who responded reported business as having improved in the last 180 days. 29% said there had been no change, while 18% said things were worse.

Most respondents (71%) saw business performing at or above expectations in the last 90 days.

The survey also found that a large majority of respondents (91%) see fees as remaining at or above the levels of the last six months.

The majority of respondents to the survey (60%) are from North America, while 22% come from Australia/New Zealand, and 18% are based in Asia or EMEA countries.

Nerz added: “The results of the business barometer overall pointed to a positive trend for NPAworldwide members and perhaps signals the same for contingent recruiting as a whole.

“Our members are experiencing good growth and anticipating more in the months ahead.”