4 Definite Signs That It Is The Right Time To Hire Executive Search Firms

Recruiting the best set of employees is one of the major decision for any organisation as it is the human resource who is responsible for discovery as well as adoption of new and strategic ideas for decision making which can lead to revenue generation in the long run.

There is an ever growing list of administrative duties and revenue generating activities and juggling between these two can become burdensome for the organisation and they will end up with low quality hires which will ultimately decrease the productivity and in turn decrease the retention rate of the organisation.

One solution to reduce the burden present on the HR teams is to leverage the support of a dedicated Executive search firms who are hiring experts and thus can help in improving the recruitment process. Now the question is when is the best time to hire the services of Executive search firms in Bangalore or any other location? Here are the definite signs which the Hiring

Managers can look for before deciding about hiring the recruitment firm:

 

·                     Trouble In Filling The Open Positions

A job which remains unfilled despite the genuine hiring efforts is a sure sign that the services of an Executive search firms in India is the need of the hour. Also, the longer the job position remains open the greater cost it brings to the company in terms of loss in revenue, reduction in productivity and increased rate of stress.

 

·                     Lack Of Internal Resources

If the Hiring managers and the HR department is already working more than their real capacity in managing other responsibilities, recruitment and hiring becomes a tedious job to do. Rather than hiring additional staff members for the HR department, it is in the vested interest to undertake the services of executive search companies.

 

·                     Increase In Turnover Rates

If the company is losing the good employees, the real reason is always the recruitment process. This is because the employee who is leaving is perhaps the bad hire or a misfit for the organisation. An executive search firm helps in reducing turnover by improving the quality of the new hires by screening them for cultural fit and other related aspects.

 

·                     Spike In Demand For New Hire

A sudden growth in organisation may create demand for new employees, which in turn puts a great stress on the in-house staff as well as the HR processes. The recruitment firm can be mobilised for filling the job positions in a quick and fair manner for accommodating the sudden spike in demand for new staff.