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Examines the characteristics and structure of executive recruitment consultancies in France. Search consultants recruit through“head‐hunting” while selection consultants recruit through advertising. These consultancies play an important part in the market for executive recruitment. The nature of the product has implications for the behaviour of the consultancies and the structure of the industry. There is little or no price competition in the market; instead there is a reliance on non‐traditional non‐price competition. There are two factors which have affected the industry: the recession, which has led to changes in the focus and role of the consultancies; and the creation of the Single European Market, which has led to the increasing internationalization of business.

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