According to the latest Business Barometer Survey from NPAworldwide, the global recruitment network, demand for talent remained strong through the end of 2022. The survey, which is completed by independent recruitment firm owners around the world, found that 70% of respondents had results that were better than or the same as in the previous 18 months. This indicates that businesses are still seeing positive growth even amidst global political and economic uncertainty. Dave Nerz, president of NPAworldwide, commented on the findings, saying “the data reflects a market where businesses are still willing to invest in their human capital.”
Members are asked to document business results and predict future results that are representative of the independent recruitment industry. NPAworldwide members work executive/professional full-time, part-time and contract positions on a global basis. Survey responses indicate the first few months of 2023 have cooled a bit. According to Mr. Nerz, “Our Business Barometer Survey was conducted during talks of global recession, record inflation, and continued market volatility. Nevertheless, the overall results indicate continued optimism for the next 6-month period. There is still a war for talent.”