An executive
search firm is often utilized in headhunting qualified candidates for
executive positions within many financial and professional business
organizations. Executive recruitment agencies, as these firms may also be
known, can save significant amounts of money and time for companies that need
to conduct background checks for qualified executives.
Advertising
an executive level position is often costly and the target market small and
diffuse; many qualified applicants may not even see print or media advertising,
causing a very poor expense to return ratio. By utilizing a search firm that is
pro-active about contacting qualified candidates, few advertising funds are
used. Many head hunting agencies have "their ears to the ground" and
may be aware of potential job seekers that do not actively seek out openings,
such as executives whose pay packages are insufficient relative to their
experience or companies that may be dismissing executives or laying off whole departments.
These situations often allow search firms to have insider information that is
helpful in the negotiation of a salary and benefits package.
Many executives
inflate their education and experience, but by using a qualified executive
search firm, a company can rest assured that the qualifications of an
applicant are vetted for accuracy. Only candidates that are truly qualified for
the position are referred, preventing a human resources manager from having to
wade through applications of middle management and others that do not meet the
requirements.
Search
firms can also take the time to reach potential candidates, even the
hard-to-pin-down ones, allowing a human resources manager to not waste time
trying to reach a busy executive through e-mail or phone. They can also
delegate basic contacts to someone who is able to keep track of applicants' best
contact times and methods to ensure smooth person to person transactions.
Executive
search firms find the best candidates with the lowest costs and frustration.
With the help of a professional and thorough firm, any company can find
executives that share their attitudes, goals, and work-ethic, without the accompanying
headaches and revenue loss.
Labels: executive search firm