Executive recruitment set to pick up

The executive search industry is eagerly awaiting 2004 after Hunt Scanlon Advisors, a market research firm, released a survey predicting that fees for the search profession will see single-digit growth from 2004 onwards. Fees for research consultancy may be as high as $16 billion by 2007.

The executive search industry is eagerly awaiting 2004 after Hunt Scanlon Advisors, a market research firm, released a survey predicting that fees for the search profession will see single-digit growth from 2004 onwards. Fees for research consultancy may be as high as $16 billion by 2007.

Over 60% of the survey respondents said they plan to increase their search consultancy operations over the next 12-to-18 months, though Hunt Scanlon warn that recruitment will not reach the heights of the technology boom.

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