NPAworldwide has announced the results of its twice-annual Business Barometer Survey. The survey engages the boutique and independent recruiters that are members of the NPAworldwide global network in documenting past results and predicting future recruitment industry results.
“Member recruiters are very positive about business conditions over the last 180 days and see a continuation of positive momentum for the future,” said Dave Nerz, president of NPAworldwide. “More than 90 per cent of the independent business owners surveyed are forecasting similar or improved market conditions in the next 180 days.”
Other results of this survey of the 500 independent members of NPAworldwide indicated:
“Member recruitment firms view manufacturing/supply chain, technology and then accounting/finance as the hottest vertical markets at this time,” continued Nerz. “The construction/infrastructure and sales areas received some support from member-owners as equally active niches. This current business barometer points to continuing positive conditions for the independent firms.”
Nerz says the market has shifted to a candidate-driven market over the past few survey samples. Client assignments continue to be difficult and the perfect-fit candidates scarce. Member firms have more work than they are capable of filling on their own which means he NPAworldwide split-fee model is proving a good addition to most members’ businesses.