NEW YORK--(BUSINESS WIRE)--CTPartners (AMEX: CTP), a leading global retained executive search firm, announced today an audited stick rate of 90 percent for 2010, believed to be the best in the executive search industry. The 2010 stick rate signifies that 90 percent of all candidates placed by CTPartners who began employment from January 1, 2009 to June 30, 2010 were still employed by the company’s client as of September 30, 2010.
Brian Sullivan, Chief Executive Officer of CTPartners, said, “Stick rate matters because only executives who stay in the role have the chance to bring meaningful change to their organizations over time. As hiring continues on the upswing in 2011, we remain committed to finding leaders that add enterprise value for every client and search assignment. We will also continue to set the standard for reporting the data that clients need to measure the performance of executive search firms.”
A “placement” occurs when the client has chosen a candidate who is placed in the role, whether from an outside hire or an internal promotion. “Stick rate” signifies that the placed candidate remains in the position hired for, or a greater position, for a specified period of time after the placement. The audit was conducted by McGladrey & Pullen, Certified Public Accountants.
CTPartners is a leading performance-driven executive search firm serving clients across the globe. Committed to a philosophy of partnering with its clients, CTPartners offers a proven record in C-Suite, senior executive, and board searches, as well as expertise serving private equity and venture capital firms.
With origins dating back to 1980, CTPartners serves clients with a global organization of more than 300 professionals and employees, offering expertise in board advisory services and executive recruiting services in the financial services, life sciences, industrial, professional services, retail and consumer, and technology, media and telecom industries. Headquartered in New York, CTPartners has 22 offices in 14 countries.