561312 Executive Search Services

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.

Examples Census gives

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

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

• Listing employment vacancies and in recruiting, referring, or placing applicants for employment are classified in U.S. Industry 561311, Employment Placement Agencies.
• Supplying their own employees for limited periods of time to supplement the working force of a client's business are classified in Industry 561320, Temporary Help Services.
• Providing human resources and human resource management services to client businesses and households are classified in Industry 561330, Professional Employer Organizations.
• Providing administrative and general management consulting services are classified in U.S. Industry 541611, Administrative Management and General Management Consulting Services.
• Providing advice and assistance on human resource and personnel policies, practices, and procedures; and employee benefits and compensation systems are classified in U.S. Industry 541612, Human Resources Consulting Services.
• Providing professional and management development training are classified in Industry 611430, Professional and Management Development Training.
• Representing models, entertainers, athletes, and other public figures as their agent or manager are classified in Industry 711410, Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures.

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 561312

The Census index assigns these 5 activities to this code. If your business matches one, this is your code.

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

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 561312

To count as a small business for SBA loans and federal contracts under NAICS 561312, your business (including affiliates) must not exceed $34 million in average annual receipts. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 7810), so treat them as a starting point and check the definition.

• 78101Motion picture, television and other theatrical casting activitiesUK SIC
• 78109Other activities of employment placement agenciesUK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 561311Employment Placement Agencies