Understanding The Need For Executive Recruiting Firms
Throughout the US, companies are increasingly finding it difficult to attract and retain talent. There’s a severe shortage of people who can run divisions and make critical decisions boldly. There is a war for talent and companies are finding it difficult to manage, let alone win this war. An average executive is known to have worked in more than 5 companies, and in another few years, this number is likely to be more than 10. This is where executive recruitment firms come into the scene.
These executive search agencies specialize in logistics of recruitment and can help you in getting the best executives to work for your company. Some companies choose from recruitment firms that look for talent by advertising through conventional channels like contacts, databases and even advertisement through job sites. These are ideal when looking for people in the junior and middle management level. But if you are looking to recruit senior level officers it is important to choose firms that specialize in ‘headhunting’. These firms study and understand their client’s industry and then make a list of competitor companies or companies that have a similar business model. They make a list of the people in that organizational structure and identify people who can meet the needs of the client. This resource is then convinced to join the client. There is also the option of referrals. When the targeted person isn’t interested, he often directs the inquiry to someone else with the same talent and interest in taking up employment with them.
Hiring top level executives can be a time consuming process, and often cannot be efficiently handled by the internal recruitment team. The task involves countless processes wherein you are required to separate the wheat from the chaff. But executive recruitment firms can insulate you from these worries by minutely going through the countless applications and determining if their specifications are apt for you, and then giving you the pre-qualified list of candidates. Thus as an end result, you get a list of candidates who are aware of and also attracted to your work culture, team, and future goals. You are then required to choose from the list of ‘interested’ candidates. The person who joins the firm isn’t someone who is looking for a job, but someone who can ‘do’ the job.
The candidate does not have to pay for the help; to him, it is almost free of cost. These firms are paid fees from companies that are looking for recruitment.
Carolyn Green has more than 7 years of experience in the career guidance industry and specializes in writing articles on executive recruitment firms and outplacement agencies.
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