If you’re hiring for the strategic positions of your company, a
thought always has crossed your mind, “Should I go for one of the top executive search firms in India to
do the job?” or “Do I really need to hire a top executive search firm? The answer
to both the questions is YES. So what value do executive search firms bring to the
overall hiring process?
The answer is more than you think!
Because of the nature of what they do, these firms are capable to
save you companies a tremendous amount of both time and money when it comes to
hiring and attracting the top talent in the industry. In order to fill the
mission-critical positions, the companies always are looking for a very
specific type of candidate and the advantages of hiring a firm to find that one
for you is that you don’t have to deal with a lot of critical aspects of the
interviewing and hiring process on your own thus saving you a lot of energy and
time.
Here is a list of few ways, how a firm can help you find better
talent at the same time saving you both time and money:
Streamlined Process - The
hiring firms with years of effective processes in place streamline the entire
work and keep all the stakeholders always on the same page. They make sure that
the candidates are engaged throughout the process so that they do not get lost
to a competitor’s offer.
By reaching out to both
active and passive candidates - With an extensive network
at their disposal and a well researched and laid down qualities the company
needs in the candidate, these firms are capable of locating candidates that the
companies can’t find on their own, namely “passive candidates.” These are those
candidates who aren’t conducting an active job search but would be happy to
explore if an opportunity knocks at their doors. These candidates aren’t
reading job boards or website postings and hence won’t be able to find you
otherwise. Hence, with passive candidates involved, the prospects of finding a
better fit increase thus saving you time and money in the longer run.
By utilizing a well-crafted
network of candidates - Third-party firms have a
well-crafted database of individuals and thus they can help you find the most
relevant candidates in less amount of time. In executive search, the most
important task is to look for the most fitting candidate both in terms of skill
and company culture and having an extensive network of candidates helps the
firms shortlist just the relevant few for you to interview thus saving you a
lot of time and money.
By doing a thorough
screening process - This is important. We need to think about it this way. Had you
been doing this on your own, you had to go through a lot of relevant resumes. A
single miss and there goes your perfect candidate rejected in the screening
process only. Backed by years of experience, third party firms can actually
help you screen and will provide you the most relevant candidates.
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