Executive Search Quarterly Report: Q1 2023

Opened searches increased nearly 12.5% quarter over quarter in Q1—the largest single-quarter growth since Q3 2021—but some sectors of the market aren’t yet seeing that turnaround. 

Overall, it seems, we are in an environment that has created three very different markets.

Our report highlights key developments in the macro environment, within each asset class and the technology sector specifically, as well as executive compensation and search velocity benchmarks by asset class.

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2023 Executive Search Pulse Survey

While our 2022 benchmarks report quantitatively showed what happened in the back half of the year, we turned to talent partners and executive search leaders to tell us how they’re planning for 2023, what obstacles they see and where they’re focused on delivering value.

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Executive Compensation & Hiring Benchmarks 2022

Throughout 2022, we saw a rapid decline in leadership hiring—with search volume declining by 43% in Q4 from Q1, a huge contrast to 2021. Through an economic cool off, companies pivoted in 2022 from a focus on growth-at-all-cost to efficient, sustainable growth–creating demand contraction. Thrive’s annual benchmarks report quantifies what all this means for our industry.

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Executive Search Quarterly Report: Q3 2022

Thrive’s Q3 2022 report reviews macro dynamics impacting leadership hiring as well as the latest benchmark data on search volume, velocity, and executive compensation by industry, role, company size, and asset class. NEW to this report: leadership hiring highs and lows over the past few years.

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Mid-Year Executive Search Report: Q2 2022

Thrive’s Mid-Year Q2 2022 report looks at broad public and private dynamics that impact leadership hiring, as well benchmark data on search volume, velocity, and executive compensation by role, company size, and asset class.

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Executive Search Quarterly Report: Q1 2022

Thrive’s Q1 2022 report looks into the latest benchmark data on search volume, velocity, and executive compensation by industry, role, company size, and asset class. NEW to this report: we  also look into role tenure data.

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Webinar: Executive Compensation Benchmarks & Search Outlook for 2022

Steve Maxwell of Audax Private Equity joins Thrive in reviewing 2021 executive search and velocity trends, compensation benchmarks, dynamics at play, and the market outlook for 2022.

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Executive Compensation & Hiring Benchmarks 2021

Thrive’s annual report looks at executive compensation & hiring benchmarks in 2021. The report dives into YoY data on search volume, velocity, and executive compensation by role, company size, and asset class.

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Executive Search Quarterly Report: Q3 2021

Thrive’s Q3 2021 latest benchmark data on search volume, velocity, and executive compensation by industry and role.

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Executive Search Quarterly Report: Q2 2021

Thrive’s full Q2 2021 analysis of executive search data. (now including executive compensation benchmarks)

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Executive Search Quarterly Report: Q1 2021

Thrive’s full Q1 2021 analysis of executive search data.

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Executive Search Annual Report: 2020

Thrive’s full annual analysis of 2020 executive search data.

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Executive Search Quarterly Report: Q3 2020

Thrive’s full Q3 2020 analysis of executive search data.

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COVID-19 Impact Study: Evolutions of In-house Executive Recruiting

For in-house executive recruiters to help guide their teams to the other side of the COVID-19 crisis.

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Executive Search Quarterly Report: Q2 2020

Thrive’s full Q2 2020 analysis of executive search data.

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How Effective Search Management Delivers the Right Candidate Faster

Learn how to manage the executive search lifecycle better with today’s technology.

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How to Use Executive Sourcing to Build a Competitive Advantage

Discover how executive search firms optimize their sourcing process in order to streamline operations and return higher quality candidates.

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How to Run Better Executive Searches with Real-Time Collaboration

Learn how top executive search firms use real-time collaboration to spend less time managing the search process, and more time adding value to it.

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Supercharging Your Executive Search Process With Thrive TRM

Harness the power of your search firm’s collective intelligence by getting talent data out of spreadsheets and into one unified resource.

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Comprehensive Guide to Understanding CRM, ATS, and TRM Software

Discover the software solution that will help your team achieve its maximum hiring potential.

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Jump Start Your Portfolio Companies' Talent Acquisition

Download our white paper and learn how to add real value to your portfolio companies by helping them attract the best talent in their sector, industry, and geographic location.

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Executive Recruiter 2.0

In this podcast series, join Thrive President and Head of Product Reed Flesher as he interviews Robert Crowder, Founder and Managing Director of Chapman Farrell Group, about the unique challenges facing executive recruiters today.

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How to Attract Top Talent Using Inbound Recruiting

Find out how to harness the power of an inbound recruiting strategy in order to attract, hire, and retain top talent.

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Using Social Media for Executive Search

Download our eBook and learn how to leverage social media in your executive search process more effectively.

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Creating Ideal Candidate Personas

Our free persona template will help you improve your talent acquisition by identifying who your ideal candidates are and how best to reach them.

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4 Essential Skills of Any Executive Recruiter

Find out what skills enable the best executive recruiters to build relationships and secure successful placements.

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Your Playbook for Better Collaboration in Executive Search

Learn how some of the most forward thinking companies are using collaboration in their talent acquisition strategies to accelerate their time-to-hire and eliminate rework.

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