UK
Sector: HR & Recruitment
Top headhunters’ top predictions for 2010
We’ve already provided our own predictions for what might happen in the next 12 months. For those who want a little more in the way of crystal ball gazing, we’ve asked senior headhunters to briefly tell us the three key things they think might transpire in the year to come. Here are their responses. Paul [...]
This is why recruiters are very excited about 2010
Arguably, recruiters are an excitable profession anyway, but right now they’re more excited than usual. Signs of this excitement are everywhere. Morgan McKinley said there were 3,780 more jobs in the City last October than there were in October 2008. Manpower says the finance sector will lead the recovery in hiring. And SThree, having sliced [...]
This really is wonderful news for interim HR consultants
The Bonus Horror Tax may appear to be a nightmare for all but the youth unemployed that it’s intended to assist, but it also looks set to be a good thing for the average HR contractor. As well as all the hard work determining exactly what the tax means and precisely who merits earning a [...]
Beware over-optimistic recruitment firms
In any sales job it helps to be upbeat, up-tempo, and ever so slightly delusional about the potential of your market. But interim management and executive search Hexagon Human Capital appears to have taken this optimism one step too far. Hexagon’s stock fell nearly 78% at one point this morning after it emerged that the [...]
Big man of City headhunting rumoured to be making an unexpected exit
Rumours have been swirling around the City regarding the intentions of Jonathan Baines, a veteran of UK headhunting and a current partner and board member at Korn/Ferry Whitehead Mann. According to various sources, Baines is either stepping or has stepped down from his role. If Baines really is going, it will be the end of [...]
The big billing financial services headhunters of 2009
Headhunters don’t like to draw attention to the amount of money they’re making. When we suggested a few years ago that some of the City’s highest earners were to be found in the upper echelons of executive search firms, we were nearly lynched. However, it remains the case that while headhunting doesn’t pay as much [...]
GUEST COMMENT: How to adapt your CV for agencies, direct employers and job boards
A CV is a CV, right? Unfortunately not. Your CV is there to sell your skills. You’ll need to adapt it, both to specific jobs, and to specific audiences. If you’re looking for work in the current market, you will probably be marketing your CV to three very distinct audiences: direct employers (eg. Banks, fund [...]
Jefferies did all that hiring without using recruiters
One of the big hirers of the year is Jefferies, the mid-sized US investment bank which has been taking advantage of the market dislocation to hoover up staff. Yesterday it emerged that Jefferies has hired 17 London-based people for its rates business as it joins the queue of contenders moving into the government bond space. [...]
International executive search firms are increasing their hold on the market
The Executive Grapevine’s annual market share survey, which covers retained executive search firms working predominantly on mandates with fees of more than 30k, suggests international executive search firms are becoming a bigger force in the shrinking financial services search market. The survey, which was undertaken in the year to March 2009, found that international firms [...]
The great recruitment fees squeeze
Faced with an enemy in their midst which appeared to be threatening their fees, recruitment companies in the construction sector formed a quick cartel to fix prices. This option is not available in the fragmented City recruitment market. “It’s way too competitive and diverse,” says the head of one large financial services recruiter. “Even if [...]
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