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Keys To Finding The Perfect Executive Search Firm For Your Next Placement

18 November 2018 by Roger Hoffman

If your company is seeking a very high-level executive for an opening, and you've grown tired trying to find the perfect person yourself, then it would be advantageous to hire an executive search firm. These firms specialize in finding the perfect person for your opening. You will save the time of sourcing the candidates yourself and allow experts to do it. 

The whole thing is a process that should definitely be handed off into the hands of professionals who have the experience in searching out and vetting perfect candidates. But it can be difficult to find the perfect firm (this mirrors the problem with finding the perfect employee). The following information are some things to consider when looking for the best executive search services.

Specialization 

The first thing to do is determine what the executive search firm specifies in. If you are looking for a designer for your IT team, it would help if the executive search firm has recruiters who know the difference between ruby on rails and Python, Java, and Javascript. Otherwise, the recruiters might be looking at resumes like it was ancient Greek. So, speak with the firm and see what their specialization is in.

How Large Is The Search Firm

You also want to check out the size of the firm. Is it a gigantic search firm with dozens of recruiters and supporting staff, or is it a smaller search firm? Each has its own benefits and drawbacks. If you want to be able to reach out and get your recruiter on the phone and speak with them at a moment's notice, you might want a smaller firm that gives very personal service. However, if you need to get maximum search power and want a ton of people to search for you, and you don't need constant back and forth communication, then you would do better with a larger company.

Fee

The fee that the search firm charges is another big factor in picking out who to work with. Do they charge a retainer up front to search, or is it a fee contingent upon finding someone to hire? If you have a large budget, then you might want to go with a firm that charges a retainer as these are the firms more likely to be established. However, a contingent fee is also enticing as it suggests that the executive search firm is motivated to find you someone, as they will only be compensated if they find the right candidate.

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