08/03/22
Double Digit Increases Across the Board
First Half Revenue, Placements, Splits Increase
Chicago, IL
Global Recruiters Network®, a worldwide executive search firm based in Chicago, experienced a 30% increase in first half 2022 system-wide revenue compared to the same period last year. In June of this year, GRN also posted a 23% increase in billings compared to the same period in 2021. Total splits among our offices were also up over 43% during the first two quarters of 2022.
"The War for Talent remains extremely competitive" states GRN's Vice Chairman Glen Louthan. Louthan continues, "Companies are desperate for rockstars while great candidates remain elusive. Our network is focused and not slowing down, generating 25% more placements in the first half of this year versus the same period last year." Louthan concludes, "Over the years, some of my friends have asked what does GRN really do? My response is always simple; we make successful introductions."
GRN has over 200 offices in 37 states and three countries. We have clients in 26 countries and have transitioned over 25,000 people into a better opportunity. GRN has been recognized by Forbes for the sixth year in a row (2017- 2022) as one of America's Best Executive Recruiting Firms. In 2017 and 2018, GRN also made Entrepreneur magazine's prestigious Franchise 500®. Entrepreneur magazine's Franchise 500®, the world's most comprehensive franchise ranking also acknowledged GRN as the leader in the category of Executive Recruiting. According to Entrepreneur, GRN was recognized for achieving this accomplishment due to its exceptional performance in areas including financial strength and stability, growth rate, and brand power.