Monday, September 5, 2016

The Role And The Importance Of National Executive Search Firms

By Pamela Ellis


The number of executive search firms continues to swell and surge. Nowadays, a significant number of executive placements gets done by the headhunters. Ideally, these professionals handle the negotiations, screening and the interviews leading to the hiring of a prospective job seeker. Here is an article meant to act as a concise overview of the pertinent factors when dealing with the top-rated national executive search firms.

The candidate you pick to fill up important vacancy positions ought to be principled. They should have an impressive track and performance record. Alone, it would be an uphill task to distinguish a genuine degree from a counterfeit product. Not everything is as it appears on paper. Team up with these professionals and ensure you hire people who are not imposters.

After you get their consent, proceed to screen their eligibility. Many background checks involve a medical test. The experts also focus on the financial status of the candidate in question. This is a task best left to the real professions. Medical tests depend on the demands of an employer. Some companies are interested in finding out whether the person has a drug problem or any underlying adverse medical condition.

Each executive search firm has their rates and prices. Typically, though, they ask an up-front fee before commencing the search process. Other establishments prefer to work on a commission-based remuneration. Here, the firm asks for a certain percentage of overall asking salary of particular executive they intend to interview and vet. The standard asking fee stands at around thirty-three percent. This money is meant to cover their expenses and for their time.

Be very careful to avoid picking an unethical firm. Such kinds of fraudulent companies have little, if any, regard for the law. They are only interested and motivated by the profits they stand to walk away with. The law states that some workers are classified as off-limits. This makes them untouchable by the search firms until a given period experiences. For instance, it is not acceptable to approach your client to work for a competing firm.

The reputation of a company communicates volumes about their performances and track-records. Highly experienced firms are better to deal with because they have been tested and proven. Most importantly, they have come out of the other end as winners and sure contenders for search firms of the year. Strive to approach the companies which have a current operational license and permits.

Make use of referrals to get the right connections. Be open and straightforward. Request colleagues at the office to give you the numbers and addresses of the headhunters they have worked with. Ask them what fascinated them the most about them and if they would use their services. Referrals are just that; referrals. After you get the numbers, is when the real job begins, dig deeper and find out what other clients have to say about them.

The lines of communications are always open when dealing with the top-rated headhunters. They will call you up the moment anything turns up. They will keep you informed and fully appraised on all the happenings in real-time. Be on the look-out for the personal attributes of the staff of the firm you have chosen. They should be genuine and transparent in all their dealings and affairs.




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