Great people are the cornerstone of every successful company. Therefore, when you are recruiting for your organization, it is critical to get it right; whether you have an underperforming manager, a sudden resignation, or the need to expand or change your leadership team, you want to find the best available talent. Partnering with an Executive Recruitment Firm can provide a targeted recruitment experience that reflects the importance of each hiring decision.
So, what can a partnership with an Executive Search Firm offer?
Executive Search firms can provide support from start to finish on a recruitment search, even continuing to support both the company and the hired candidate after the offer and acceptance stage. This can include supporting the preboarding and onboarding of the new hire too.
Let’s consider the value of the full service that is provided by an Executive Recruitment Firm.
Throughout the recruitment process, an executive search firm can provide:
Access to real time salary data and valuable industry insight:
An Executive Recruitment Firm will have a deep understanding to the challenges in the current marketplace and/or post-pandemic experiences. Working with organizations across various industries as well as speaking with Candidates, an Executive Recruitment Firm has access to up-to-date salary ranges and the strategic steps companies are making to secure top talent, including career progression opportunities, workplace flexibility, vacation time, bonuses, etc.
Access to the Passive Candidate market:
It can be easy to find the active job seeker, since they are the candidates applying to the job postings, but what about the passive candidate? A passive candidate is someone who is not actively looking for a new job, but might be open to new opportunities. An Executive Search Firm has ability to reach the growing market of passive candidates through an established network of connections and referrals as opposed to just relying on job postings that may only reach the active job seekers. This means you have access to a wider range of candidates with the particular skills or experience you are looking for.
Ability to canvas the candidate pool for specific hiring requirements:
A candidate’s resume is often tailored to include keywords that are listed in job postings, but an Executive Recruitment Firm is able to canvas a candidate’s skillset for qualities that are not found on traditional resumes, including Leadership styles and philosophies, job search motivations, career aspirations, and individual personality traits. You’re more likely to find the right candidate for the job if their skillset both on and off their resume match what you’re looking for.
Dedicated resources and tools:
As a business that is focused on Recruitment, Executive Recruitment Firms use resources and tools that are strategically aligned with the recruitment needs for the company on the specific role in addition to having access to unique networks and partnerships to source talent. You get a customized, dedicated team who live and breathe recruitment, and the assurance that you will source the best candidates as a result.
An Executive Search Firm includes the benefit of additional support throughout the pre-boarding and onboarding stages once an offer has been accepted. We not only want to find the best candidates, but want to ensure the best chance at success and longevity within the organization by supporting the transition to their new role.
A partnership with an Executive Recruitment Firm can allow companies to reallocate their internal resources and time to other important areas of the business while the recruitment of talent is being handled by a trusted advisor and partner.
If you think a partnership with an Executive Search Firm can benefit your organization, here are some things to consider when choosing a firm to work with:
- Consider your timeline in meeting your recruitment needs and verify if the Recruitment Firm can align with your timeline.
- Establish your budget for working with a Recruitment Firm and confirm the Recruitment Firm can complete the project within the budget.
- Determine the level of thoroughness you will require on each specific search based on the position you are looking to fill. Ensure that the Recruitment Firm can fulfil your specific search needs.
If you have any questions about how Kitchener Executive Consultants can support your hiring needs, send us an email, or give us a call to connect with our team. Trust us to navigate the challenging markets and support your business growth.