HR & Recruiting Software

Best Recruiting Agencies in 2026

Twelve recruiting agencies and executive search firms: listed groups ranked by reported revenue, private search firms by country footprint.

A recruiting agency (recruitment agency or search firm) finds and screens candidates for an employer's own vacancies and is paid a fee, usually a percentage of the hire's first-year salary, when a candidate is placed. The term covers contingent recruiters who are paid only on success, retained executive search firms engaged exclusively for senior roles, and recruitment process outsourcing (RPO) providers that run an employer's hiring function.

This list covers twelve recruiting firms in November 2026: six listed groups ranked by reported revenue, and six private executive search firms ranked by the number of countries in which they report offices. Financial figures are taken from company results and regulatory announcements.

Contents
  1. What is a recruiting agency
  2. History and market
  3. Key features to compare
  4. Pricing models
  5. How to choose
  6. Methodology
  7. The list
  8. Comparison table
  9. Alternatives by use case
  10. Recent developments
  11. Frequently asked questions
  12. See also

What is a recruiting agency

Recruiting agencies source candidates, assess them against the brief and manage interviews and offers. Contingent recruiters, such as many PageGroup and Robert Walters divisions, compete to fill roles and are paid on placement. Retained executive search firms, including Korn Ferry, Spencer Stuart, Egon Zehnder, Russell Reynolds Associates, Heidrick & Struggles, Odgers and Boyden, are engaged exclusively and paid in instalments during the search. RPO providers take over part or all of an employer's recruitment; Korn Ferry's RPO segment and Robert Walters' recruitment outsourcing are examples.

Recruiting agencies differ from staffing agencies, which employ temporary workers and bill clients by the hour, although many firms do both: 64% of Hays's net fees came from temporary and contract work. They also differ from applicant tracking systems and other recruiting software, which help employers run hiring in-house.

History and market

Several firms in this list have long histories: PageGroup traces its origins to a single specialist recruiter in the UK more than 50 years ago, Odgers reports nearly 60 years of operation and Boyden 80 years. In the United States, the American Staffing Association counted about 27,000 staffing and recruiting companies in 2021.

2025 and 2026 were difficult years for permanent recruitment. PageGroup's gross profit fell 8.7% and its operating profit 60%; Robert Walters' net fee income fell 15% and it made an operating loss; SThree's net fees fell 13%; and Hays's net fees fell 7% as it cut consultants by 14% and announced withdrawal from seven countries. Executive search held up better: Korn Ferry's Executive Search fee revenue rose 9.2% in the year to April 2026. Consolidation also continued, with Heidrick & Struggles taken private by Advent International and Corvex in December 2025 and Korn Ferry's acquisition of AMS completed in September 2026.

Key features to compare

Specialisation

Disciplinary focus determines candidate networks: SThree in STEM, Robert Half in finance and accounting, Hays and PageGroup across many professional disciplines.

Seniority

Retained search firms handle boards and C-suites; contingent recruiters handle most professional and managerial roles.

Geographic reach

Boyden reports offices in more than 45 countries, Egon Zehnder 37, PageGroup 34 markets and Robert Walters 29 countries.

Search model

Retained, contingent or RPO, each with a different fee structure and level of exclusivity.

Interim options

Boyden, Odgers, Heidrick & Struggles and Korn Ferry offer interim executives alongside permanent search.

Assessment and advisory

Executive search firms increasingly bundle assessment, succession and board advisory with search.

Pricing models

None of the firms in this list publishes fee rates. Contingent recruiters generally charge a percentage of the hire's first-year salary when a candidate is placed, often with a rebate period if the hire leaves early. Retained executive search firms typically charge a fee based on the role's first-year compensation, paid in instalments from the start of the search. RPO is priced by contract, combining management fees and per-hire charges. Interim executives are billed at daily or monthly rates.

Fee levels vary by seniority, market and exclusivity, so employers usually compare proposals from two or three firms before engaging one.

How to choose

Board and CEO appointments: Spencer Stuart, Egon Zehnder, Russell Reynolds Associates, Heidrick & Struggles or Korn Ferry.

Senior executives in less-covered countries: Boyden or Odgers.

Professional and managerial hires: PageGroup, Hays, Robert Walters or Robert Half.

STEM specialists: SThree.

Outsourcing the hiring function: Korn Ferry's RPO segment (now including AMS) or Robert Walters' recruitment outsourcing.

For temporary workers, a staffing agency is usually the better fit.

Methodology

Firms were included if they operate a recruitment or executive search business under the named brand in November 2026 and publish verifiable information about it. Listed companies (ranks 1–6) are ordered by total revenue for their latest full fiscal year as reported: Hays (year to June 2026), Robert Half (2025), Korn Ferry (year to April 2026), PageGroup (2025), SThree (year to November 2025) and Robert Walters (2025). Sterling and US-dollar figures are compared without conversion only where the order holds at any exchange rate between US$1.00 and US$1.80 per pound, which is the case for every pair. Total revenue includes temporary staffing and consulting revenue where firms report them together. Private executive search firms (ranks 7–12) do not publish revenue and are ordered by the number of countries in which they report offices; Heidrick & Struggles, private since December 2025, is placed last because no current footprint figure was available on its own pages. No reviews or ratings were used.

The list

1

Hays

Best for: Professional and technical hiring in Europe and Asia-Pacific

Hays plc is a specialist recruitment group led by chief executive Mark Dearnley. For the year ended 30 June 2026 it reported turnover of £6,421.2 million and net fees of £905.5 million, down 7% (8% like-for-like) from £972.4 million. Temporary and contracting work produced 64% of net fees (£583.9 million) and permanent placement 36% (£321.6 million).

Hays operated in 23 countries at 30 June 2026 and plans to concentrate on 16 under its "Momentum" strategy; consultant headcount fell 14% to 5,194 over the year. Pre-exceptional operating profit rose 7% to £48.6 million on cost reductions, but exceptional charges produced a statutory loss before tax of £54.5 million. Its scale and mix of temporary and permanent work make it one of the largest recruiters in this list; the planned withdrawal from seven countries and a smaller consultant base are the main points for clients to weigh.

Key features

  • Temporary and contract recruitment
  • Permanent placement
  • Operations in 23 countries (16 planned)
  • 5,194 consultants at June 2026

Pricing

Permanent placements charged as a fee on salary; contractors billed at hourly or daily rates; not published.

Recent results

FY2026 (to 30 June 2026): turnover £6,421.2m; net fees £905.5m (−7%); pre-exceptional operating profit £48.6m; statutory loss before tax £54.5m.

Turnover (FY to June 2026)
£6,421.2 million
Net fees
£905.5 million
Countries
23 (30 June 2026)
Consultants
5,194
CEO
Mark Dearnley

Strengths

  • Largest reported turnover among firms in this list
  • Balanced mix of temporary and permanent recruitment
  • Publicly reported results
  • Pre-exceptional profit rose 7% in FY2026

Limitations

  • Net fees fell 7% in FY2026
  • Withdrawing from seven countries
  • Consultant headcount down 14%
  • Statutory loss in FY2026
2

Robert Half

Best for: Finance, accounting, technology and administrative permanent hires

Robert Half describes itself as "the world's first and largest specialized talent solutions and business consulting firm", offering contract talent, permanent placement and executive search, and owning the consulting firm Protiviti. It is led by president and chief executive M. Keith Waddell and issues its results from Menlo Park, California.

Total service revenues in 2025 were US$5,378.5 million, with net income of US$133.0 million. Permanent placement talent solutions, the business most comparable with a recruiting agency, contributed US$439.5 million; contract talent solutions contributed US$2,990.1 million and Protiviti US$1,948.9 million. Finance and accounting is the firm's largest contract practice (US$2,207.2 million), and its recruiters cover the same functions for permanent hires. For employers, Robert Half's advantage is the ability to fill a role on a contract basis while recruiting for the permanent hire; the group's total revenue overstates its size as a pure recruiting agency because most of it comes from contract staffing and consulting.

Key features

  • Permanent placement
  • Executive search
  • Contract talent in the same disciplines
  • Protiviti consulting
  • Finance and accounting specialism

Pricing

Permanent placements charged as a fee based on salary; contract roles billed hourly; not published.

Business segments

  • Contract talent solutions: US$2,990.1m
  • Permanent placement: US$439.5m
  • Protiviti: US$1,948.9m

FY2025.

Revenue (FY2025)
US$5,378.5 million
Permanent placement revenue
US$439.5 million
CEO
M. Keith Waddell

Strengths

  • Large permanent and contract recruiting in the same functions
  • Finance and accounting depth
  • Profitable in 2025
  • Consulting capacity through Protiviti

Limitations

  • Group revenue mostly from contract staffing and consulting
  • Pricing not published
  • Less presence in executive-level search than specialist firms
  • US-weighted business
3

Korn Ferry

Best for: Board, C-suite and senior professional searches plus outsourced recruiting

Korn Ferry describes itself as "a global consulting firm that powers performance" and is led by chief executive Gary D. Burnison, issuing its results from Los Angeles. For the fiscal year ended 30 April 2026 it reported fee revenue of US$2,907.5 million, up 6.5%, and total revenue of US$2,938.6 million.

Executive Search is its largest segment, with fee revenue of US$924.1 million, up 9.2%; the other segments are Consulting (US$691.7 million), Professional Search & Interim (US$561.1 million, up 11.4%), RPO (US$367.1 million) and Digital (US$363.5 million). On 1 September 2026 Korn Ferry completed the acquisition of AMS, a UK-headquartered company providing technology-enabled talent solutions, from OMERS Private Equity for about £473 million and US$326 million in cash plus 3,118,628 Korn Ferry shares. The combination of executive search, professional search, interim and RPO makes Korn Ferry the broadest recruiting firm in this list, from board appointments to high-volume hiring.

Key features

  • Executive search
  • Professional search and interim
  • RPO segment
  • AMS talent solutions (acquired 2026)
  • Leadership consulting and assessment
  • Digital talent products

Pricing

Retained executive search fees and RPO contracts; not published.

Business segments

  • Executive Search: US$924.1m
  • Consulting: US$691.7m
  • Professional Search & Interim: US$561.1m
  • RPO: US$367.1m
  • Digital: US$363.5m

Fee revenue, FY2026.

Ownership and history

Acquired AMS from OMERS Private Equity on 1 September 2026.

Total revenue (FY to April 2026)
US$2,938.6 million
Executive Search fee revenue
US$924.1 million
CEO
Gary D. Burnison
Acquisition
AMS (1 September 2026)

Strengths

  • Largest reported executive search revenue in this list
  • Covers search, interim and RPO
  • Executive Search grew 9.2% in FY2026
  • AMS adds large-scale outsourced recruiting

Limitations

  • Retained search is expensive for mid-level roles
  • Integration of AMS under way
  • Consulting and digital revenue dilute the recruiting focus
  • Pricing not published
4

PageGroup (Michael Page)

Best for: Mid-level and senior professional permanent hires across many countries

PageGroup plc is a recruitment company best known for the Michael Page brand. It began as a single specialist recruiter in the UK more than 50 years ago and now reports more than 6,000 employees, 123 offices in 34 markets and 25 specialist businesses; its chief executive is Nicholas Kirk.

For 2025 PageGroup reported revenue of £1,596.6 million, down 8.2%, gross profit (net fees) of £769.5 million, down 8.7%, and operating profit of £20.9 million, down 60.2% and in line with guidance. The sharp fall in operating profit shows how quickly recruitment earnings respond to weaker hiring. For employers, PageGroup's specialist divisions and international office network suit mid-level and senior professional hires in many countries under one brand.

Key features

  • Michael Page specialist recruitment
  • 25 specialist businesses
  • 123 offices in 34 markets
  • 6,000+ employees

Pricing

Permanent placements charged as a fee based on salary; not published.

Recent results

FY2025 revenue £1,596.6m (−8.2%); gross profit £769.5m (−8.7%); operating profit £20.9m.

Revenue (FY2025)
£1,596.6 million
Gross profit (FY2025)
£769.5 million
Employees
6,000+
Markets
34
CEO
Nicholas Kirk

Strengths

  • Wide international office network
  • Specialist divisions by discipline
  • Recognised Michael Page brand
  • Publicly reported results

Limitations

  • Operating profit fell 60% in 2025
  • Revenue fell 8.2% in 2025
  • Pricing not published
  • Gross profit declined 8.7%
5

SThree

Best for: STEM contractors, especially in DACH and the US

SThree plc is a London-based global recruitment firm focused on science, technology, engineering and mathematics (STEM) roles. For the year ended 30 November 2025 it reported revenue of £1,302.2 million and net fees of £322.7 million, each down 13% as reported and 12% like-for-like. Contract placements produced 84% of net fees and permanent placements 16%. DACH (Germany, Austria and Switzerland) was the largest region with £106.6 million of net fees, followed by the USA (£83.1 million, the only region to grow, up 4%), the Netherlands and Spain (£62.2 million), the rest of Europe (£51.5 million) and the Middle East and Asia (£19.1 million).

SThree's emphasis on contractors distinguishes it from permanent-weighted recruiters such as PageGroup and Robert Walters: contract assignments provide recurring fees while a placement lasts, which can make revenue more stable through hiring slowdowns, though 2025 still brought a double-digit decline. For employers, SThree is a specialist option for STEM contractors and permanent hires; it is less suited to general business or executive-level recruitment.

Key features

  • STEM-focused recruitment
  • Contract placements (84% of net fees)
  • Permanent placements (16%)
  • Largest region: DACH

Pricing

Contractor day or hourly rates and permanent placement fees; not published.

Revenue (FY to Nov 2025)
£1,302.2 million
Net fees
£322.7 million
Focus
STEM
Contract share of net fees
84%

Strengths

  • Deep STEM specialism
  • Contract-weighted model
  • Publicly reported results
  • Useful for hard-to-fill technical roles

Limitations

  • Net fees down 13% in FY2025
  • Narrow functional focus
  • Limited executive search
  • Pricing not published
6

Robert Walters

Best for: Mid-level and senior professional hires

Robert Walters plc is a professional recruitment company led by chief executive Toby Fowlston, with about 2,900 employees in 29 countries. In 2025 it reported revenue of £781.1 million, down 12%, net fee income of £274.2 million, down 15% from £321.4 million, and an operating loss of £14.9 million.

Specialist recruitment produced 83% of net fee income (£228.1 million), of which permanent placement accounted for £148.8 million and temporary, contract and interim work £75.8 million; recruitment outsourcing, covering RPO and contingent workforce solutions, contributed £46.1 million, or 17%. The permanent-heavy mix explains the sharp fall in fees during a weak hiring market. Its outsourcing arm serves employers that want a managed recruitment function.

Key features

  • Permanent specialist recruitment
  • Temporary, contract and interim
  • Recruitment process outsourcing
  • Contingent workforce solutions
  • 29 countries

Pricing

Permanent placement fees and contract rates; RPO priced by contract; not published.

Business segments

  • Specialist recruitment: £228.1m (permanent £148.8m; temporary £75.8m)
  • Recruitment outsourcing: £46.1m

Net fee income, 2025.

Revenue (FY2025)
£781.1 million
Net fee income
£274.2 million
Countries
29
Employees
~2,900
CEO
Toby Fowlston

Strengths

  • Presence in 29 countries
  • Combines specialist recruitment and RPO
  • Focus on professional roles
  • Publicly reported results

Limitations

  • Operating loss in 2025
  • Net fees down 15%
  • Permanent-heavy mix is cyclical
  • Smaller than PageGroup and Hays
7

Boyden

Best for: Senior executive searches in a wide range of countries

Boyden is an executive search firm that says it has guided organisations "for 80 years" and operates more than 75 offices in more than 45 countries, collaborating "as one global team". Its services are executive search, interim management and leadership consulting, the last covering onboarding and integration, assessment and profiling, leadership development, executive and team coaching and succession planning, together with CEO and board services such as board consulting, CEO search and director search.

Boyden does not publish revenue. Among private search firms in this list it reports the largest country footprint, which suits employers recruiting senior executives in markets where the larger listed firms have fewer offices. Like other retained search firms it typically works on board, C-suite and senior management roles rather than volume hiring, and its fees are not published.

Key features

  • Executive search
  • Interim management
  • Leadership consulting and assessment
  • CEO and board services
  • 75+ offices in 45+ countries

Pricing

Retained search fees; not published.

Offices
75+
Countries
45+
History
80 years (per firm)

Strengths

  • Largest published country footprint among private firms here
  • Interim management alongside search
  • Board and CEO services
  • Leadership consulting capability

Limitations

  • No published financials
  • Fees not published
  • Not suited to volume hiring
  • Smaller brand recognition than the largest search firms
8

Egon Zehnder

Best for: CEO succession, board appointments and senior executive search

Egon Zehnder is a leadership advisory and executive search firm with more than 600 consultants across 71 offices in 37 countries. It works as "One Firm unified by a shared incentive system", a structure intended to encourage collaboration across offices and practices.

Its services are grouped as shaping successions (CEO, executive and board succession), advancing governance (board reviews and advisory), discovering leaders (CEO, executive, board and advisor search and executive assessment), developing leadership (individual development, onboarding, coaching and team programmes) and unlocking transformations (cultural transformation and development programmes). The firm also publishes research, including a 2026 Global CEO Survey of more than 840 chief executives. Egon Zehnder is private and does not publish revenue. Its emphasis on succession and board work suits companies planning leadership transitions; it is not designed for mid-level recruitment.

Key features

  • CEO and executive search
  • Board search and board reviews
  • Succession planning
  • Executive assessment
  • Leadership development and coaching

Pricing

Retained search and advisory fees; not published.

Consultants
600+
Offices
71
Countries
37
Structure
One firm with shared incentive system

Strengths

  • Shared-incentive model encourages cross-office collaboration
  • Strong succession and governance practice
  • Large consultant base
  • Published leadership research

Limitations

  • No published financials
  • Fees not published
  • Senior roles only
  • Smaller country footprint than Boyden
9

Odgers

Best for: Senior executive and interim appointments in its core markets

Odgers is an executive search firm that says it has helped organisations find executive talent "for nearly 60 years" and has offices across 33 countries in the Americas, Asia-Pacific, Europe and the Middle East and Africa. In addition to executive search it offers interim management.

Odgers is privately owned and does not publish revenue or consultant numbers on its about page. Its interim management business allows clients to fill a senior vacancy temporarily while a permanent search runs, a combination also offered by Boyden and Heidrick & Struggles. Clients should confirm the depth of the relevant practice in each country.

Key features

  • Executive search
  • Interim management
  • Offices across 33 countries
  • Consultant directory by sector

Pricing

Retained search and interim fees; not published.

Countries
33
History
Nearly 60 years (per firm)

Strengths

  • Interim management alongside search
  • Presence on four continents
  • Long operating history
  • Consultant directory aids selection

Limitations

  • No published financials or consultant count
  • Fees not published
  • Depth varies by country
  • Senior roles only
10

Spencer Stuart

Best for: Board directors, CEOs and C-suite appointments

Spencer Stuart is a leadership consulting and executive search firm with, in its words, "70 years' experience in leadership consulting" and consultants in more than 60 offices in over 30 countries. Its capabilities include executive search, board and CEO advisory, CEO succession planning, executive assessment, leadership consulting, HR and talent advisory, AI leadership, restructuring and family-business advisory.

The firm does not publish revenue. Its listed capabilities give prominence to board and CEO advisory and CEO succession planning. For organisations recruiting directors or a chief executive, Spencer Stuart is one of the firms most commonly shortlisted; for mid-level professional hiring, a contingent recruiting agency is typically more cost-effective.

Key features

  • Executive search
  • Board and CEO advisory
  • CEO succession planning
  • Executive assessment
  • HR and talent advisory
  • AI leadership practice

Pricing

Retained search fees; not published.

Offices
60+
Countries
30+
Experience
70 years (per firm)

Strengths

  • Strong board and CEO practice
  • Broad advisory capabilities
  • Large office network
  • Practices such as family business and restructuring

Limitations

  • No published financials
  • Fees not published
  • Senior roles only
  • Fewer countries than Boyden or Egon Zehnder
11

Russell Reynolds Associates

Best for: Senior executive searches combined with succession and board advisory

Russell Reynolds Associates is a leadership advisory and executive search firm with more than 500 leadership advisors across 25 countries and 47 offices, citing more than 50 years of experience; its New York office is at 277 Park Avenue. Its services cover board, CEO and executive search; board, CEO and C-suite succession; assessment and benchmarking, executive development and team performance; executive mentoring; transformation advisory in areas such as AI and technology, culture and sustainability; and board composition and effectiveness.

The firm is privately held and does not publish revenue. Its combination of search with succession and performance advisory suits organisations that want a single adviser for leadership changes at the top, while the retained-search model and fees put it beyond the needs of most mid-level hiring.

Key features

  • Board, CEO and executive search
  • Succession planning
  • Assessment and benchmarking
  • Executive mentoring
  • Board composition and effectiveness

Pricing

Retained search and advisory fees; not published.

Leadership advisors
500+
Offices
47
Countries
25
Experience
50+ years (per firm)

Strengths

  • Integrated search and succession advisory
  • Large advisor base
  • Board effectiveness practice
  • Technology and AI leadership practice

Limitations

  • No published financials
  • Fees not published
  • Smallest country footprint among private firms listed
  • Senior roles only
12

Heidrick & Struggles

Best for: C-suite searches combined with interim executives and transformation support

Heidrick & Struggles is an executive search and leadership advisory firm headquartered at Willis Tower, 233 South Wacker Drive, Chicago. On 10 December 2025 it completed a take-private transaction valued at about US$1.3 billion, led by Advent International and Corvex Private Equity with strategic investors including Salem Capital Management, Mousse Partners, TF Cornerstone, HighSage Ventures and Barcliff Partners; chief executive Tom Monahan joined the new board, and Advent operating partner Carmine Di Sibio, a former global chair and CEO of EY, was to become chairman.

The firm describes itself as "a premier provider of global leadership advisory and on-demand talent solutions". Its executive search practices include AI and technology officers, CEO and board, financial officers, HR officers and supply-chain officers, and it also offers leadership services (board effectiveness, CEO succession, assessment and coaching), corporate transformation (carve-outs, cost and restructuring), organisation and culture work, and on-demand interim executives and project leaders. As a private company since December 2025 it no longer publishes quarterly results, so no current scale figure was available for this ranking.

Key features

  • Executive search by function (AI, CFO, CHRO, supply chain)
  • CEO and board search
  • Leadership assessment and coaching
  • On-demand interim executives
  • Corporate transformation services

Pricing

Retained search fees; not published.

Ownership and history

Taken private on 10 December 2025 in a transaction valued at about US$1.3 billion, led by Advent International and Corvex Private Equity.

Headquarters
Chicago, Illinois, US
Ownership
Advent International and Corvex Private Equity (since Dec 2025)
Transaction value
~US$1.3 billion
CEO
Tom Monahan

Strengths

  • Combines search with interim and transformation services
  • Functional search practices including AI leadership
  • New private-equity investment
  • Board and CEO practice

Limitations

  • No longer publishes financial results
  • Ownership change may bring restructuring
  • Fees not published
  • Senior roles only

Comparison table

RankFirmTypeScale figureYearCountries
1HaysListed (UK)Turnover £6,421.2m; net fees £905.5mFY to Jun 202623
2Robert HalfListed (US)Revenue US$5,378.5m (perm US$439.5m)2025Not stated
3Korn FerryListed (US)Total revenue US$2,938.6mFY to Apr 2026Not stated
4PageGroupListed (UK)Revenue £1,596.6m202534 markets
5SThreeListed (UK)Revenue £1,302.2mFY to Nov 2025Not stated (5 regions)
6Robert WaltersListed (UK)Revenue £781.1m202529
7BoydenPrivate75+ offices202645+
8Egon ZehnderPrivate600+ consultants, 71 offices202637
9OdgersPrivateNot published202633
10Spencer StuartPrivate60+ offices202630+
11Russell Reynolds AssociatesPrivate500+ advisors, 47 offices202625
12Heidrick & StrugglesPrivate (since Dec 2025)Take-private value ~US$1.3bn2025Not stated

Alternatives by use case

  • Temporary and contract workers: a staffing agency such as Adecco, Randstad or ManpowerGroup.
  • In-house hiring at volume: recruiting software and an applicant tracking system, or an RPO provider.
  • Interim leadership: Boyden, Odgers or Heidrick & Struggles' on-demand talent.
  • Contractors in technical fields: SThree.

Recent developments

  • 10 December 2025: Heidrick & Struggles completed its take-private by Advent International and Corvex Private Equity, valued at about US$1.3 billion.
  • March 2026: PageGroup and Robert Walters reported lower 2025 results; Robert Walters recorded an operating loss of £14.9 million.
  • June 2026: Korn Ferry reported fiscal 2026 fee revenue of US$2,907.5 million, with Executive Search up 9.2%.
  • Year to 30 June 2026: Hays reported FY2026 net fees of £905.5 million and set out its Momentum plan to operate in 16 countries instead of 23.
  • 1 September 2026: Korn Ferry completed its acquisition of AMS from OMERS Private Equity.

Frequently asked questions

What is the best recruiting agency?

It depends on the role. For board and CEO appointments, retained search firms such as Spencer Stuart, Egon Zehnder, Russell Reynolds Associates, Heidrick & Struggles and Korn Ferry are the usual choices. For professional and managerial hires, PageGroup, Hays, Robert Walters and Robert Half are widely used, and SThree specialises in STEM roles.

How much do recruiting agencies charge?

The firms in this list do not publish fee rates. Contingent recruiters usually charge a percentage of the new hire's first-year salary on placement, while retained executive search firms charge a fee based on first-year compensation paid in stages during the search. RPO providers charge under contract, often combining management and per-hire fees.

What is the difference between retained and contingent recruitment?

A contingent recruiter is paid only if its candidate is hired, and the employer may use several agencies at once. A retained search firm is engaged exclusively for a role, usually a senior one, and is paid in instalments from the start of the search regardless of the outcome.

What is the largest executive search firm?

Among firms that publish figures, Korn Ferry reported Executive Search fee revenue of US$924.1 million for the year to April 2026, within total revenue of US$2,938.6 million. Spencer Stuart, Egon Zehnder and Russell Reynolds Associates are private and do not publish revenue; Heidrick & Struggles stopped publishing results after going private in December 2025.

Who owns Heidrick & Struggles?

Heidrick & Struggles has been privately owned since 10 December 2025, when a consortium led by Advent International and Corvex Private Equity, with strategic investors including Salem Capital Management and Mousse Partners, completed a take-private transaction valued at about US$1.3 billion.

Is a recruiting agency the same as a staffing agency?

No, although many firms do both. A recruiting agency fills an employer's permanent roles for a one-off fee; a staffing agency employs temporary workers and bills the client by the hour. Hays, for example, earns 64% of its net fees from temporary and contract work and 36% from permanent placements.

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