SpendEdge Forecasts a Spend Growth of over USD 3 Billion for the Headhunting Services Industry
LONDON--(BUSINESS WIRE)--Nov 20, 2019--
SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Headhunting Services Industry - Procurement Intelligence Report.
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Global Headhunting Services Industry Procurement Intelligence Report. (Graphic: Business Wire)
While organizations are expanding their geographic footprint, the growing scarcity of skilled labor is casting a telling impact on the productivity of such organizations. This is creating an urgent requirement for professionals who can scale up to the newer and unique business needs. Such a requirement is driving large-scale cross-border executive recruitments and will serve as one of the primary growth drivers in the global headhunting services industry. It is expected to drive the spend momentum in this industry at a CAGR of more than 4% between 2018-2023.
“ Stark decline in the corporate tax rates is enabling government, construction, financial services, healthcare, and professional services companies to expand their business locally and generate job opportunities in the US. This will work in favor of the spend growth in the headhunting services industry in the US,” says SpendEdge procurement expert Anil Seth.
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Despite predictions of spend growth, dynamism in the service price structure in this industry will render procurement complex and costly for buyers.
What do the headhunting services price trends indicate?
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What are the scopes of optimizing procurement spend in the headhunting services industry?
Strategic supplier selection is the key to optimizing procurement spend in the headhunting services industry. In view of this, this report has enlisted the key suppliers selection criteria, the leading supplier names, the SLA terms, among others that will aid buyers to make the most of their partnership and achieve cost-savings during the contract tenure with the suppliers.
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Some of the key topics covered in this report are:
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