A
mericans are quitting, switching and reassessing their jobs at record rates. For instance, 48% of people who left their jobs last year returned to positions in different industries, according to research from McKinsey & Company. And many workers who quit are no longer pulled back to the workforce for exclusively traditional reasons, such as money and benefits. Increasingly, people are also looking for work that offers flexibility, purpose and support for their health and well-being.
Given this job reshuffling, recruiting agencies can play a valuable role in connecting job seekers to employers. But which agencies are doing this successfully? To find out, Forbes partnered with market research firm Statista and surveyed more than 5,200 external recruiters, HR or hiring managers and job seekers with recent experience working with a recruiting firm. Based on their responses, we compiled our annual ranking of America’s Best Professional Recruiting Firms. The final list includes the top 200 firms that specialize in filling positions with salaries of less than $100,000.
FAQs
How many recruitment agencies are there in the US 2023? ›
How many businesses are there in the Employment & Recruiting Agencies industry in the US in 2023? There are 11,957 Employment & Recruiting Agencies businesses in the US as of 2023, an increase of 1.3% from 2022.
Who is the number one staffing agency in Forbes? ›MENLO PARK, Calif., Feb. 15, 2023 -- Global talent solutions and business consulting firm Robert Half (NYSE: RHI) has again been named by Forbes as one of America's Best Large Employers and is the top-ranked staffing firm on this year's list.
Who is the largest recruiter in the US? ›In terms of revenue, Adecco was the clear leader in the U.S. staffing market. The company generated roughly 24.8 billion U.S. dollars in 2022, five billion U.S. dollars more than their closest competitor in Manpower.
Is Korn Ferry ranked as America's best executive recruiter by Forbes magazine? ›LOS ANGELES, May 10, 2023 – Korn Ferry (NYSE:KFY) has been recognized by Forbes Magazine as America's best executive recruiting firm. Korn Ferry has received this honor in six of the last seven years, since Forbes and analytics firm Statista began offering the annual rankings.
Why is no one hiring right now 2023? ›For much of 2023, companies felt like a recession was lurking around the corner and pulled back on hiring as a result — those fears aren't gone yet, says Zhao. “Business leaders are still concerned that a recession is possible, even if it's not 100% certain,” he tells CNBC Make It.
Why is it hard to get hired in 2023? ›Employers' hiring rate fell sharply in 2023, Zhao said. And workers are quitting less. That means fewer people are moving around. "It feels like the job market is in a bit of a holding pattern," Zhao said recently.
What is the fastest growing staffing firm in the US? ›| Company | 2022 US Staffing Revenue($ millions) | CAGR 2018-2022 |
|---|---|---|
| Nomad Health | $551.2 | 208.3% |
| Spire Healthcare LLC | $56.6 | 163.2% |
| Access Healthcare LLC | $74.3 | 158.0% |
| Lead Health | $76.3 | 143.3% |
The first known private employment agency Robinson, Gabbitas & Thring, was founded in 1873 by John Gabbitas who recruited schoolmasters for public schools in England. In the United States, the first private employment agency was opened by Fred Winslow who started an Engineering Agency in 1893.
What is the number 1 recruiting website? ›Best Overall: Indeed
and more. You can save jobs that interest you on Indeed through your account, set up job alerts, and upload your resume to apply more easily. Once you apply for a job through Indeed, those employers or recruiters can contact you through the site.
Who pays recruiters the most? ›
Walmart is the largest American employer, with a workforce of nearly 2.2 million people. However, because of its international reach, only 1.3 million of those were employed in the United States. Each of America's 10 largest employers has a workforce of more than 300,000 people.
Is Korn Ferry prestigious? ›1 in Executive Search. 1 executive search provider globally and in the U.S./Americas by industry tracking firm Hunt Scanlon Media. You can read more about this exciting achievement and view the complete list in the latest issue of Executive Search Review.
How much do recruiters at Korn Ferry make? ›$86K (Median Total Pay)
The estimated total pay range for a Recruiter at Korn Ferry is $67K–$110K per year, which includes base salary and additional pay.
$90K (Median Total Pay)
The average Senior Recruiter RPO base salary at Korn Ferry is $83K per year.
2023 US Staffing Industry Forecast
The US staffing industry is estimated to be worth $201.7 billion according to the latest update by Staffing Industry Analysts (SIA). This is a decrease of 10% from the record-breaking year of 2022. Let's set some context. Why has the US staffing market value declined?
Our recruiter estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about recruiters after extensive research and analysis: There are over 264,153 recruiters currently employed in the United States.
How many staffing agencies are there in America? ›While the industry overall is quite fragmented, with more than 20,000 staffing firms in the US, the companies listed account for over three quarters of US staffing market revenue,” said Barry Asin, SIA President.