Why working with an Executive Headhunter may be the best business decision you make his year.
A Harvard Business Review study suggests that 80% of turnover is due to bad hiring decisions. What does that mean when you are ready to bring a new executive on board? That the wrong decision will cost you.
Executives are the backbone of any company. Culture, leadership, and business strategy all revolve around who you have chosen to lead your team. And while investing in an executive headhunter may seem like something to put on the backburner, the results are worthwhile.
Executive headhunters don’t just bring potential candidates to your door. They weed through the prospects, bring in their own network, and sort through the logistics. This not only saves you time, but it gives you the mental space to make decisions on the important things: like determining which leader is the best fit for the future of your company.
Narrow Down the Pool
Did you know… it is fairly common for one job posting to get around 200 applicants? That’s 200 resumes to sort through, and dozens of phone calls before you find a few people who may be a good match.
An executive headhunter is able to do this for you and save you countless hours weeding through unsuitable candidates. They are also able to perform initial screening calls.
Cast a Wide Net
Executive headhunters have an excellent network to reference when seeking candidates. In fact, many executive headhunters are known as the eyes and ears within the industry and in the marketplace for their insight into the inner workings of firms in your industry. Sure, you may your business like the back of your hand, but recruiters have additional insight into who looking for a job and their skillset.
As leaders of the company, executives, do not advertise when they are seeking a new position, whether that be a change in company or a different industry altogether. Because of this, one of the most effective ways for an executive to find a new position is through a headhunter who can work confidentially (and allow you to connect with your future hire!)
From screener interviews to negotiations, to nailing down the ideal candidate… executive headhunters can serve as a partner that stands with you and your company every step of the way during the executive search. Many executive headhunters will even follow up with both the candidate and the company after a placement has been made to ensure the transition is going off without a hitch.
Recruitment companies like iKadre, do not take payment until your new employee or executive has accepted the job offer. What does this mean for you and your company? That we don’t succeed until you are satisfied with your new recruit. Every single time.
Interested in learning more about how executive headhunters work. Reach out! We would love to help find your leaders of tomorrow.