NAICS 561312

Executive Search Services

Key Figures

Establishments
5,897
Census CBP · 2023
Employment
38,564
Census CBP · 2023
Market size
$12.6B
Census Economic Census · 2022

Figures are published for NAICS 561312 directly.

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Official definition

This U.S. industry comprises establishments primarily engaged in providing executive search, recruitment, and placement services for clients with specific executive and senior management position requirements. The range of services provided by these establishments may include developing a search strategy and position specification based on the culture and needs of the client; researching, identifying, screening, and interviewing candidates; verifying candidate qualifications; and assisting in final offer negotiations and assimilation of the selected candidate. The individuals identified, recruited, or placed are not employees of the executive search services establishments.

Source: US Census Bureau, 2017 NAICS Definitions. Public domain.

Illustrative examples

  • Senior executive search services
  • Executive placement services
  • Executive search services

Which code does this activity belong in?

Executive search services establishments focus specifically on recruitment for executive and senior management positions, where they conduct comprehensive services including developing search strategies tailored to client culture, researching and screening candidates, verifying qualifications, and negotiating offers. Employment placement agencies, by contrast, list general employment vacancies and refer or place applicants across all job levels and occupations. The boundary hinges on the specialized focus on senior management roles and the depth of strategic advisory services; general employment placement across all positions belongs in Employment Placement Agencies.

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Where this sits

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