News

Published the updated results of the ECSSA Business Climate Index. The level of business activity of the Search and Selection Consultancy industry requires a finely-tuned steering given the frequency and reactivity with which the market is evolving.

"The survey shows that our sector is experiencing a very positive moment and has established itself as a partner to companies looking for qualified candidates", states Valerie Schena Ehrenberger, president of ECSSA. "Executive Search firms speak of a growing turnover and positive business prospects. However, we highlight widespread insecurity about tye overall economic trends and thus the impact on the labour market."

Currently, the ECSSA barometer stands at a value of 12.3.

For questions and comments regarding the European business climate index please contact the Secretary General of ECSSA, Jörg Murmann (info@ecssa.org) 

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:

• the perception of the current situation as experienced by Recruiters
• their estimation of the short-term trends.

It makes it possible to draw lessons at two levels:

• the evolution of the situation of each respondent country over time,
• the difference in the evolution of each ECSSA member country.

For questions and comments regarding the European business climate index please contact the Secretary General of ECSSA, Jörg Murmann (info@ecssa.org)