Wednesday, May 9, 2012

An Executive Search Firm Can Pinpoint the Right Candidate


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.




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