Finding The Best Great Good Top Executive Search Firm

There are quite a few areas to keep in mind when you begin looking for a top executive search firm

. Since the position that is being placed is typically a high level position, it is important to make finding the right agency as important as finding the right candidate. The agency should have extensive experience, industry contacts, and a reputation for cooperation with hiring managers and human resource departments. The pricing structures will vary, but need to be discussed before moving forward.

Size does not matter. Many smaller agencies are simply industry experts that have held positions in the larger company executive offices. They have usually retired from corporate work and started their own business helping former coworkers find jobs in new companies. This industry experience is helpful in finding the right candidates.

Having industry experience helps bolster good contacts. If a professional placement agent does not have any experience, they do not have the types of contacts that may be required to find the best person to fill the position. Being able to pick up the phone and call former colleagues in the various corporations gives them an insider advantage that simple placement agents do not enjoy.

The pricing structures change from one company to the next. Many will charge a simple flat search fee. Others prefer to charge a percentage of the salary package that is being offered. When the candidate is hired, the agency will make more money by finding a candidate that qualifies for a higher salary. This encourages them to put together a much better list. Regardless of the structure, the price should be agreed upon and include options for candidates that do not work out.

References are important. You will want to contact other customers of the agency to make sure that the process they used is efficient and the candidates they located are valuable. If other customers complain that only one or two candidates were truly qualified, you will want to continue looking for a different agency.

An agency has a responsibility to listen. Listening is key to making sure the needs are filled. Most corporations will have a set of criteria that must be met. Beyond that, they also have an idea of the type of personality that will fit well in the company. These must all be considered by the agency.

It is very important that the agency and the HR department cooperate throughout the process. There are always legal issues involved in hiring and this requires strong communication between the agent and the HR representative. If the agency is not willing to cooperate, they need to be let go.

Selecting the best top executive search firm is the first critical step in the hiring process. Though the price is easily discussed, it is important to settle before signing the contract. The more critical aspects of the selection process should include the agency's experience, reputation, and level of contacts in the industry of the hiring corporation. Cooperation, listening, and communication processes are very important throughout the hiring process.

by: Tracy Narvaez

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