The current edition of the ECSSA Business Climate Index underlines the positive development in all recruitment markets from last
October. Here, the business climate had already increased across Europe compared to May 2020. Currently, the ECSSA Barometer stands at a value of 3.9 and thus nearly exactly at the level of September 2019.
The best sentiment is currently seen among Belgian and Spanish recruitment consultancies. The highest proportion of retained Executive Search companies that are confident about the next six months is currently to be found in France.
The level of business activity of the recruitment consultancy industry requires a finely-tuned steering given the frequency and reactivity with which it is evolving. That is why the index supplied by the barometer of the European Executive Recruitment market, created by ECSSA in 2010, offers a tool that makes it possible to anticipate the industry’s short-term and mid-term developments.
This quarterly index is the result of a mathematical calculation based on the German Ifo Index integrating two quality factors:
It makes it possible to draw lessons at two levels:
For questions and comments regarding the European business climate index please contact the Secretary General of ECSSA, Jörg Murmann (email@example.com)