| March 25, 2003 Hunt-Scanlon Posts Annual Recruiting Industry Rankings Online Stamford, CT, March 25, 2003 - The official annual rankings of the executive search industry were posted online today by the recruiting industry tracking firm Hunt-Scanlon Advisors. A preliminary analysis of the results reveals 2002 was a mixed year for the recruiting industry as some firms recorded their second consecutive year of double-digit revenue declines, while others posted solid gains. One encouraging sign is productivity improved in 2002, as average fees per consultant rose almost four percent among the Top 10 firms. "This suggests high end search work has prevailed during the industry downturn, while assignments for mid-level and support positions have dwindled considerably," said Brian P. Lee, chief market strategist. "Spencer Stuart appears to be the clear beneficiary as they recorded the highest average fees per consultant and moved significantly closer to the No. 2 position in the U.S." This year's industry rankings were compiled from a combination of public and private resources and represent the most comprehensive statistics available on the executive search industry. At hunt-scanlon.com, viewers can access an easy-to-use archive library that covers industry rankings over the past six years for the following Hunt-Scanlon benchmark listings:
Click here to access the search industry statistics. ABOUT HUNT-SCANLON Hunt-Scanlon Corporation is a leading market research firm and online data provider to the executive recruiting and human capital industries. The firm publishes market intelligence, including: industry rankings, online research, real time electronic newswires, three monthly newsletters (Executive Search Review, Online Recruiting Strategist and Diversity Monitor), directories of executive recruiters and senior executives, online database products, and also provides advisory services. The firm's online recruitment portals for senior executives connect buyers and sellers of recruiting and human capital services worldwide. Hunt-Scanlon produces executive-level conferences on human capital management, senior-level recruiting, staffing technology, diversity and talent acquisition strategies for CEO's, senior human resource executives and recruiting professionals. Contact Information:
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