The executive search typically differs from the recruitment for junior positions. When it comes to recruiting for more junior roles, an organization usually works with a recruitment consultant on a contingency basis to find suitable candidates. The candidate who is successfully recruited in most cases is an active job seeker who applies for the role.
When it comes to Global Manpower Consultancy a company typically seeks out for the perfect match for both the role & the company – whether the candidate is actively looking for a new position or not. An organization here develops a long-term partnership with an executive search firm, which acts as an extension of their business identifying & engaging the suitable candidates on their behalf.
How Does Executive Search Work?
Executive search is typically relationship-driven. An executive search firm works closely with you in order to understand your requirements and advises you on the most effective strategy so as to ensure that the most suitable talent is delivered to you.
It is a research-led approach, which implies that a search firm needs to be paid a retainer fee upfront for carrying out the extensive market mapping to analyze the marketplace and benchmark for skills/roles & salaries. An executive search firm tends to have extensive knowledge of & access to the board directors and senior executives across the industries & functions, which enables them to build a large pool of top executive talent.
Benefits Of Executive Search
Executive search India helps you to find the right candidates that can drive your business forward & impact your top and bottom line. These search firms do this by:
- Mapping The Market –
An executive search firm provides you with access to the otherwise inaccessible top network of industry-leading candidates by mapping the market & benchmarking them for a particular skill/role and salaries.
- Delivers Solutions & Not Just CV’s –
Executive search firms typically match talent to the distinct requirements of your organization, considering the goals that you are trying to accomplish as a business and by seeking out people who have the right mix of knowledge, skills, and abilities in order to help you achieve those goals.
- Approaches Suitable Candidates On Your Behalf –
An executive search firm approaches the professional and qualified candidates on behalf of your company. They work as an extension for their clients for the duration of the search & also through the first year post-placement. This enables them to ‘sell’ the role & understand the requirements of the company.