4 in 10 report improved business over past six months, says NPAworldwide
NPAworldwide has announced the results of its Business Barometer Survey.
The survey is conducted twice annually and looks to engage the boutique and independent recruiters that are members of the NPAworldwide global network in documenting past results and predicting short-term future results.
The survey of the nearly 500 independent members of NPAworldwide found that 60% of respondents were from North America, 23% were from Australia/ New Zealand and 16% were from Asia or EMEA.
Four in ten (41%) of respondents reported that business has improved in the last 180 days, 29% say it has stayed the same and 30% said it was worse. Most (71%) saw business performing at or above expectations in the last 90 days.
Only 14% of the respondents have a negative outlook for the next 6 months. A large majority (83%) see fees as remaining at or above the last 6 months’ levels.
Dave Nerz, president of NPAworldwide, said, “Our member recruiters are indicating positive momentum for business conditions for their contingent recruiting businesses in the coming 6 months.
“This survey of business owners showed that 86% of those surveyed are forecasting similar or improved market conditions in the next 180 days.
“Our member-owners called out the manufacturing, accounting/finance and IT/hardware/software/electronics vertical markets as particularly strong at this time. The results of the business barometer overall pointed to a continuing positive trend for NPAworldwide members and perhaps signals the same for the contingent recruiting market in general.
“Our members are experiencing good growth and anticipating more in the months ahead.”