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Management consultancies have ratcheted up the intensity of their recruitment drives quite considerably, judging from the mood of delegates at Top-Consultant’s recent management consultancy recruitment event in London.
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| Consulting-Times E-zine
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With representatives from over 100 consultancies in attendance, the overwhelming mood amongst HR managers was that the pressure is back on to attract (and secure) the best talent in the marketplace.
“When the likes of Accenture, Atos KPMG Consulting and PA Consulting switch from undertaking discrete recruitment initiatives to running major recruitment campaigns that span their businesses, it has to be time for candidates and recruiters alike to stop and pay attention” commented Top-Consultant Director Tony Restell
“In the last weeks we have seen a record number of major-brand campaigns and many new firms have come on board including the likes of Ernst & Young, A.T. Kearney and Capgemini. If the strategy consultancies start pitching in with more aggressive campaigns then we will quickly find ourselves back to a situation resembling the dot-com era.”
Restell’s remarks, as host of the event, tie-in with more general feedback from the day – namely that recruiters feel busier and more pressured than at any time in the last 3-4 years. Losing candidates to other consulting employers is a growing trend (as a result of candidates increasingly receiving multiple offers) as is the growing risk of losing consultants to the resurgent banking sector – which is showing signs of paying the types of bonuses that proved such a lure in the late Nineties.
Overall, recruiters’ concerns seem to now focus around how best to hire consultants and how to contain the potentially spiralling costs of meeting ever more demanding recruitment targets. This compares with the situation just 12 months ago, when recruiters found it hard to secure firm commitments that new hires were needed – and to secure the budget needed to deliver on any such requirements.
Related Link: All the latest management consultancy career opportunities
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