3 Advantages Of Using An Executive Search Firm

23 / Jul / 2021

If you are hiring a role that is critically important to the success of your organisation then you are highly likely to want to engage with a professional recruiter with a track record of success, capability and value add services that are going to help you hire the best talent for your business.

So what do you need to consider?

By: Craig Elvin

Number 1 – Access to the best talent.

If your hiring strategy is based solely on the active candidate market you are likely to be left disappointed.

A mere 40% of vacancies that are advertised are filled the first time of asking. You are likely to receive high levels of applicants that you will need to manage appropriately to avoid damaging your brand, very few are likely to have the right skills, experiences and cultural match for the unique role in your organisation.

An experienced Executive Search consultant will be able to demonstrate the dynamics of the market, the size of the passive talent pool and how they are able to get you access to the best quality in the market.

Not to mention they are likely to have a strong network built up over several years that they can approach directly or ask for referrals.

Number 2 – Assessing talent correctly.

We’ve all done it. The CV and perhaps the supporting notes from a recruiter or internal talent team look amazing. You are excited about meeting the individual, you might even have a great meeting with them. But there is a nagging doubt at the back of your mind about “Something”. Something that you can’t quite put your finger on that tells you not to hire this person.

A good consultant will be able to help you assess candidates correctly perhaps using behavioural or psychometric testing.

They’ll provide you with comprehensive reports showing the candidates strengths and weaknesses comparative to an agreed benchmark, helping you to make a better decision based on how they are likely to perform in the future not just their skills, experiences or results from the past.

Number 3 – Helping you to retain talent.

Finally, a Search and Selection business should help you retain the talent in your organisation.

You are likely to have made a sizable investment in appointing your new hire to a senior role, not to mention the time and effort that it will inevitably take to get it right.

The best consultants will then help you retain that talent and realise a positive return on your investment. Through a series of planned meetings and executive coaching, they will ensure your new colleague onboards smoothly and is up to speed quickly making an early impact and a prolonged and valuable contribution to the success of your business.

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