2020 was an unprecedented year in most respects, and a challenging year for many in the executive search industry. Senior executives across the sector, however, are generally optimistic in their outlook for the year ahead.
According to two leading reports, one from Bullhorn and the other from Hunt Scanlon Media, optimism reigns supreme. According to Hunt Scanlon, 93 percent of recruiting leaders said they are expecting growth in 2021, while 80 percent are bullish on business prospects for the new year. A full 75 percent of search executives in the 2021 Hunt Scanlon Pulse Rankings survey said they expect full growth to return by June. Fifty-nine percent of those polled said they expected to meet their targets for 2021, while 41 percent said they would exceed targets set for the year.
“Growth and expansion were the key buzzwords in place last year at this time when COVID-19 was barely a blip on the radar,” said Scott A. Scanlon, CEO of the Greenwich, Conn-media concern. “Since then, much has changed. And one year on, recruiters are refocused on improving their businesses, doubling down on advancing their brands, and scaling for the future.”
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