“Within developed markets such as the U.K. and the U.S., there is uncertainty around short and longer-term growth prospects,” said Áine Brolly, founder and director of Ardlinn. “Ireland in particular has benefitted from this with multinationals making decisions around new investment locations in E.U. countries across sectors including professional and financial services, technology and life sciences.”
“We have also seen strong demand for C-level executives across the Irish public sector despite remuneration not being at the same level as private sector packages,” she said. “Overall executives certainly seem to have more confidence in the Irish market and appear to be more open to new opportunities.”
High Demand for Executives
The company has seen a considerable increase in both turnover and demand for the placement of executive candidates in the last six months of trading both locally and internationally across the technology, finance, professional services, life sciences and healthcare sectors.
According to Ardlinn, these sectors are amongst those offering the most remunerative packages often amounting to over a million dollars including equity and bonuses. There are notable differences, however, between those offered by multinational and indigenous companies, and the public and private sectors.
“Our expertise across revenue generating sectors including technology, life sciences and the financial sector is driving our growth,” said Ms. Brolly. “From this success we intend to build our presence in the U.K. and the U.S., beginning with a new office in Boston. We are also growing our Irish-based team of recruiters solely to focus on executive recruitment within the public sector while actively looking at opportunities to enhance our European footprint, including potential acquisitions.”
Cpl Resources Group launched Ardlinn last year to support the growing demand for corporate leaders within the Irish business sector. As one of 19 recruitment brands to come under the Cpl global umbrella, Ardlinn serves as a division of the company focused solely on executive recruiting for top salaried positions in Ireland.
“Ireland is a continental and global hub for a number of large international organizations and it is a fundamental and operational necessity that they have access to global leadership talent,” said Ms. Brolly.
Cpl employs 700 people in the recruitment sector, 2,000 in managed services and 10,000 on client sites across its global business. Its expertise extends across a number of business sectors, including technology, professional services, legal, technical engineering and financial services.
Firms See Growth Opportunities In the U.S.
Ardlinn is not alone among highly specialized and expanding European-based recruiting firms seeking refuge – and a business hedge – across the pond. The U.S. is looking more attractive to search firms overseas seeking to expand their global search platforms.
Here’s a look at just a few of the recent moves made by search firms to America, taken from the Hunt Scanlon Media newswire archives:
Global legal recruiter Taylor Root entered the U.S., opening a new office in New York. It also added Helen Howard to serve as its new leader. The New York team recruits for the vast majority of corporations, with experience in recruiting newly qualified lawyers to general counsels and partners.
Carmichael Fisher this week expanded into the U.S. with the opening of a new office in Los Angeles. The new location is led by Justin Hobday, supported locally by two regional directors, new hire Kimberley Rice and Ciara Kelleher, who transfers from the firm’s EMEA headquarters in London.
La Fosse Associates opened its first U.S. office based in Santa Monica, the hub of Los Angeles’ thriving tech and digital sector, where it is already engaged in a number of assignments for organizations ranging from early stage start-ups to global concern. Tom Vaughan heads-up the new location and is responsible for establishing and expanding the firm’s West Coast presence.
SRi (Sports Recruitment International) just expanded to the U.S. with the appointment of Steven Moser as a consultant. Mr. Moser becomes the first SRi appointment to be permanently based stateside, expanding the firm’s global reach that already includes bases in Australia, Canada, China, Germany, Singapore, Switzerland and the U.K. He is based in Phoenix.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media