If you have ever been approached by someone regarding a job that you did not apply for, or by a company that you have never heard of before, you might have wondered how on earth they found and contacted you.
It seems as though it is not that easy for companies to find the talent that they are looking for, which is why some companies hire executive search services to help them find the gems they need. These types of search firms specialize in finding top-notch candidates for various positions, mainly senior, or very specialized positions for the companies who hire them. Many companies use these services to find candidates who are not currently available in the market, which at the end of the day, saves them money.
How Do They Find Top-Level Candidates?
Executive search agents use a wide range of personal contacts, as well as the vast knowledge of the industry, to find the best possible candidates for their clients. They find these candidates and put them through an interview process in order to present the best candidates to their clients.
The service also includes assisting clients with creating enticing and accurate job descriptions to draw in potential candidates.
The Different Types of Executive Search Services
There are contingent and retained relationships between the client and the search firm. Contingent recruiters are paid only when the search brings a successful outcome, while retained recruiters get paid for the entire process.
Contingent search services rely mainly on their contacts, which is why clients often hire a few of these services at one time to be able to get the most resumes possible. When it comes to more senior positions, clients will often go with retained recruiters to ensure the highest quality of candidates. When a client chooses a retained recruiter, they often develop a much longer-lasting business relationship.
Why Clients Use Executive Search Firms
Many of the corporate companies who choose to use an executive search service do so because they lack the internal resources, evaluation skills, or network to do the recruiting themselves. A number of them may also use heir services to help them recruit people directly from their competitors, which allows them to find candidates that they could not have found if they looked by themselves.
Should you wish to use the services of an executive team, it is highly recommended that you choose a firm that is experienced in placing similar candidates.
