What Are The Basic Features Of An Efficient Executive Search Firm?

In this competitive atmosphere many business organizations need highly talented staff members to keep up with their growth and expansion

. Those who dont have enough time can consider outsourcing their high level executive search to an experienced executive search firm. With a large number of executive headhunters available in the market, it often becomes difficult for the companies to find a quality recruitment agency. They get confused whether to choose a multinational executive search firm or a small local recruitment agency. Some of them cant choose between a contingency executive firm and a retained executive firm. When it comes to find useful resource for their organizations, entrepreneurs cant even decide whether to go for unbundled search services or not. The performance of all executive search firms cant be same and it becomes necessary to do an in-depth analysis of their abilities. Some of the recruitment firms work slowly, others deliver poor candidates for hiring, and some refer candidates that bring a boost to annual turnover rate. There are not many executive headhunters in Chicago who can meet the recruitment needs of organizations in the best possible manner. So, it is advised that you should select an executive search firm very carefully and make sure that it suits your requirements and budget. Here are given certain features that you must look into while choosing an executive recruitment firm.

I. Performance

II. Their tools and resources

III. Their service standard

IV. Their approach

V. Legal and ethical issues

Communication skill is one of the key performance indicators of executive search firms. You need to focus on the number of successful searches they have made so far, and give lower priority to data regarding their size, their experience and their client list. It is a popular notion that if executive headhunters dont measure their success rate in executive search service, then they cant be considered as professionals. Below are given the basic features of an executive search firm that is right for you.

1.The recruitment firm should have a satisfactory performance for all search jobs with your organization or your related industry. Its performance can be presented in quality and the performance of hire, cost, speed, the retention capacity and organizational satisfaction.

2.The executive headhunters should have proven track record of effectively finding and recruiting qualified and experienced candidates for the required position within your company or other similar firms.

3.Employees recruited through executive headhunters must have better skill set and experience for the job position (adaptability to work culture, performance rating, promotions, bonuses, and productivity etc.) than those hired from other sources or firms.

4.They should be affordable (price vs. benefits) for your company than any other recruiting agency or firm.

5.The retention rate of candidates hired through this specific search firm should be more than average so that you wont feel the need to recruit them again.

6.The functions of an executive search firm should be more specific and better organized than your internal recruitment division. It should produce a positive report about the influence of its search services on the sales and revenue of organizations.

by: Charles Matthews

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