is the only country to exhibit strong annual growth of +30%, followed by improvement in the UK, which records +8% growth.
Other countries tracked by the Index, including Belgium, France, Italy, Netherlands
restrictions in place that are to last until 31 December 2013. These countries include Austria, Belgium, France, Germany, Ireland, Luxembourg, Malta, the Netherlands, and the UK.
Bulgaria and Romania signed
December 2011 and January 2012. It includes responses from more than 1,800 Human Resources Directors across 19 countries including Australia, Austria, Belgium, Brazil, Chile, Czech Republic, France, Germany
through a combination of growth in retained search in Belgium and France, and declines in the U.K.
However, the firm saw a volatile second half of 2011 due to the economic conditions in Europe, which were
uncertainty, increasing austerity measures and levels of unemployment across Southern Europe further impacted market confidence.” Germany grew year-over-year, with gross profit up +15% while business in France
in the Benelux countries remained challenging. Both France and Germany performed strongly, with gross profit increasing by +23% and +17% respectively. In the ‘Rest of the World’ gross profit was up +42
.2 billion at the same time last year. France, the company’s largest single market, saw revenue fall by -13.2% to US$ 1.4 billion while in Italy revenue was down by -20.6% to US$ 274.0 million.