Why Use An Agency:
Good management is essential to the health and welfare of all companies;
excellent management is the key to success in today's highly competitive
business environment. The services of outside professionals are
utilized by prudent companies for high-level legal, accounting and
other special
needs. Executive recruiters should be viewed in the same light:
as skilled specialists who can identify the best executive to fill
an
important position on the management team.
Although executive search can be performed by in-house human resource
departments, employing the services of an executive search firm
is ultimately more expedient, efficient and effective. Executive
recruiters provide strict confidentiality, an extensive network
of contacts, objectivity in candidate evaluation, and negotiation
experience and expertise.
Executive recruiters observe strict confidentiality.
Organizations with an opening in their executive ranks are vulnerable.
Whether for an existing position to be filled, or a position
newly created by downsizing or market opportunity, the hiring
process must be strictly confidential. Confidentiality can keep
competitors from being tipped off to management shake-ups, new
product and market initiatives, and can protect against employee,
stockholder, and supplier apprehension. Search consultants value
the highly sensitive information they become privy to during
the search process. They are acutely aware and respectful of
their client's vulnerability.
Executive recruiters can tap into a global network of contacts.
Top notch executive talent is a scarce commodity today. The limited
contacts of in-house human resource departments can't compare
with the wide net cast by a recruiter's network. (A transnational
search especially calls for the capabilities of transnational
search firms.) The best candidates are already employed; many
will deal only with a recruiter. They appreciate the worth of
third party representation, confidentiality and professional
mediation. Recruiting superior candidates is intricate and best
performed by a discreet professional.
Executive recruiters bring objectivity and feedback to management.
Executive search is a time-consuming, sensitive process. Recruiters
can help clients evaluate their expectations, review relevant
organization structure and reporting, and define a realistic
profile and compensation package for the open position. Search
consultants provide objective feedback on the candidates and
advice to the client. As experts in research and reference checking,
search firms can glean significant information from even reluctant
reference-givers.
Executive recruiters are cost effective.
The
benefit of using an executive search firm can be weighed against
the cost of preparing and executing an advertisement/recruitment
campaign, screening and qualifying candidates, operating without
a needed employee for an extended length of time, compared to
the relative insurance of getting the right person for the job.
The use of executive recruiters is an investment in improving
the quality of managerial might. For smaller companies
- in which one hiring mistake can have disastrous results - using
executive recruiters is sometimes more important than for corporate
giants. Hiring an incompetent employee who makes bad decisions
can cost a company large sums of money - or its very existence.
More than ever before, executive talent is at a premium and can
make or break the fortunes of a business. Professional executive
recruiters can deliver the best.
How Does a Firm Perform a Search
Once an executive search firm has been selected, the multi-step
process of professional executive recruiting begins. Each step
is managed by the search firm in partnership with the client
team; successful results require diligence during each phase
of the process. The key stages of executive search are:
- Specializing in specific geographic territories and technology
niches
- Developing strong relationships with the top talent within those
geographic and technology niches
- Evaluation of the employment need
- Tracking our performance
- Screening candidate resumes
- Candidate interviews
- Candidate "short list" identification
- Detailed reference checking
- Checking seriousness of purpose
- Checking reasons for leaving
- Reviewing salary history and expectations
- Reviewing relocation needs
- Negotiations
- Extending the offer
- Reviewing counteroffer implications
The search begins with extensive evaluation of the client need.
The search firm works closely with the client to arrive at a thorough
understanding of the company, its culture and organization, and
the specifications of the position to be filled. Job specifications
include title, department definition, reporting structure, and
details of compensation.
Once prepared, a draft of the position description is submitted
in writing to the client team for approval. It is imperative that
the job description reflect a clear understanding and agreement
between the client and search consultant before proceeding.
When the job description is finalized, the intensive research
phase of the search commences. The search firm engages in extensive
industry research and networking; existing sources are contacted,
leads are vigorously pursued. If the client wishes, an internal
search of the client company can be performed to identify company
employees suitable for possible promotion.
Based on research well underway, the search firm contacts prospective
candidates by telephone and begins screening interested and promising
candidates. Personal interviews ensue in parallel with thorough
reference checking activities.
Good recruiters regularly report their progress and, at some agreed-upon
point, present a strong candidate pool to the client. Recruiters
sometimes recommend the best candidate (s), though the client and
recruiter often arrive at an initial selection of the most promising
candidates. Client interviews are arranged with the best two or
three prospects. The search firm prepares the client to meet the
candidates and may or may not attend the interviews.
After the successful candidate has agreed to accept the position
- and when candidate and client have agreed to acceptable terms
- the dynamic aspect of the search effort is complete. Most search
firms "guarantee" their executive candidates for 30 days
(contingency firms). The firm will replace such an executive should
he or she leave the client company for any reason. Often these
replacement searches are free or at a greatly reduced price. Though
a sensitive topic, clients need to have a clear understanding of
the search firm's replacement policy, and all fees associated with
such searches. The search firm stays in touch after the new hire
comes on board to help smooth the transition and assure client
satisfaction.
Q: How do you choose a Recruiting Professional?
A: Ask if they are certified!
Aligning the most Qualified candidates with your staffing needs
is an essential and complex task in business, one that should be
entrusted to a certified professional.
The National Association of Personnel Services (NAPS) is the only
association with a nationally recognized certification program
for recruiting and staffing professionals. Established in 1961,
the NAPS was the first national trade association to represent
the personnel services and the staffing industry.
Certification ensures knowledgeable, experienced recruiters and
staffing professionals meld the right candidate with the right
company and that they follow the rules clearly defined by the federal,
state and local government. CPC’s have taken the extra step
to provide their candidates and clients with “leading edge” expertise,
making their services even more valuable in an ever-changing market.
A Certified Personnel Consultant brings to a placement assignment:
- Knowledge of current employment laws and procedures, as well
as business operations and ethics;
- Experience of at least two years in the staffing or employment
profession;
- Service of the highest quality to meet the needs of both candidate
and company;
- Ethics, by adhering, to NAPS Standards of Ethical Practices;
and
- Commitment, credibility and dedication to the staffing industry.
The CPC designation that follows an individual’s name is
the industry’s badge of professionalism and seal of excellence.
It is recognized, as the staffing industry’s highest standard,
and it is the public’s assurance of quality service.
And it doesn’t end there. CPC’s must agree to participate
in mandatory continuing education, of at least 50 hours every three
years. Laws and regulations change, so it is imperative that once
certified, professional knowledge is kept current.
- Employment Laws.
- We know them and Understand them.
- Best Business Practices.
- We’ve put them to use.
- Highest Ethical Standards.
- We abide by them.
Why would you entrust your future direction to anyone else?
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