News: Contingency search firms booming

Strategic HR

Contingency search firms booming

Contingency search firms registered as much as 40% growth in the last six months as organizations look to cut costs in hiring. Firms such as Lighthouse Partners, Mancer Consulting and Xpert Conexions have seen a substantial jump in the number of clients in the past 6-12 months. Lighthouse Partners is growing at 35%-40%, with nearly 75% of its revenue coming from 20 new clients it has added in the past six to eight months. Mancer Consulting, on the other hand, has added 32 clients in the past six months and has grown by 40% while Xpert Conexions has added 30 clients in the past six months.

Contingency search firms registered as much as 40% growth in the last six months as organizations look to cut costs in hiring. Firms such as Lighthouse Partners, Mancer Consulting and Xpert Conexions have seen a substantial jump in the number of clients in the past 6-12 months. Lighthouse Partners is growing at 35%-40%, with nearly 75% of its revenue coming from 20 new clients it has added in the past six to eight months. Mancer Consulting, on the other hand, has added 32 clients in the past six months and has grown by 40% while Xpert Conexions has added 30 clients in the past six months.

Read the Economic Times news report here.

Read full story

Topics: Strategic HR, #Trends, #Corporate

Did you find this story helpful?

Author

QUICK POLL

What are the top work tech investment focus areas for your company currently?

How are you helping to build the future of work?

READ our latest issue for perspectives on the many facets that form tomorrow's workplace.