Executive Search Recruiters in Australia - Industry Market Research Report

Executive Search Recruiters in Australia - Industry Market Research Report

Executive Search Recruiters in Australia

The Executive Search Recruiters industry has grown strongly over the past five years, with more large client companies investing in executive recruitment. However, the industry declined in 2019-20 and 2020-21 as the COVID-19 pandemic caused a rise in national unemployment and a fall in business numbers. Nevertheless, industry demand and revenue recovered in 2021-22, with further growth anticipated in the current year. Before 2019-20, many businesses focused on minimising costs and restructuring to remain profitable, which increased demand for qualified and experienced senior executives. Furthermore, businesses had increasingly outsourced executive recruitment to find the most suitable candidates, benefiting industry operators.

Industry operators provide executive search, recruitment and placement services for clients with specific executive and senior management requirements. Industry operators develop search strategies, and position specifications based on the cultures and needs of a variety of businesses. Industry operators are involved in researching, screening, interviewing, undertaking contract negotiations and assimilating employees into companies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.