What is the difference between recruitment and executive search

Recruitment and executive search are very different, and the methods are also different from each other. The person who performs the Executive search is known as the Executive search consultants, and the one who recruits is known as the recruiter.

Both are responsible for hiring people for organizations for different jobs in every department. In addition, these two are responsible for hiring people who are the most suitable for the required job post.

1. The recruiters are paid or receive their fee only after positioning the required candidate for that particular job; before, they are not paid.

This is known as the contingent business model, which is only applied to the recruiters or recruitment. They are appointed to hire junior positions.

The executive search firms rely on a retained business model, which means they get 33% of their income before recruiting people. Then, they are appointed to hire high-level posts. There are International Executive Search Firms in India that hire people for highly qualified job posts.

 

2. The recruiters need to work with various sectors and functions.

They cannot stick to one particular industry. They have to be dynamic in every field of recruiting.

The executive search firms rely on one particular industry and specialise in them. They have to be very detailed and appropriate about their work process. They need to have a deep understanding of the industry they are working in.

3. The recruiters generally are local, meaning they do not cover a vast area whileworking.

Their work mainly comprises within the country or a region.

The search firms work internationally. They have to hire for qualified posts, and they need to work internationally. Their presence may not be in the country, but they have networks worldwide. There are Global Executive Search Firms In India that work for various organizations while hiring candidates.

4.  The recruiters often shortlist from either job agencies or social media.

They filter people from the job markets and choose the best from the given situation.

The complete opposite is for the search firms as they have reliable networks through which they source candidates for high qualified and confidential jobs.

5. As they deal with various sectors and functions, sometimes they cannot provide quality candidates to the organization.

In addition, their dynamic work process can lead to inefficient workers, which is very common as candidates can also be left on scene.

Whereas in search firms, the quality of candidates is perfect and suitable for the posts as they focus on only one industry. They have to be very detailed and filtered to find the ideal match for the available position.

Conclusion

Whether it is the recruitment or the executive search, people are hired for the available jobs in the market. They are often used in very similar situations but are very different from each other. The work process and the hiring process are all different from each other.

Both are important in their field of work and are hired according to the organization's needs.

Tips to Network with Global Executive Search Firms in India

 

Just as you require the services of international executive search firms in India, search firms require the services of you. You may be a contender for one of their clients' positions even if you aren't one of their clients. You could be able to suggest their services in the future, or perhaps become a client on the recruiting side.

These are the four steps you can take to network with global executive search firms in India:

Get connected with them before you need them 

When you're not looking for a job, it's the best time to answer phone calls or initiate meetings with recruiters. It's considerably more difficult when you've recently been laid off, are soon to be laid off, or have recently quit. If the consultant knows you already, it will not seem inappropriate to try to connect you with other prospects once you've left your current job.

Be selective 

Look for a recruiter who specializes in your field. Boutiques cater to certain sectors, functions, or geographic areas. Look for a consultant who is focused on building relationships. The willingness to chat to you in depth is the first test. You should reply to their call if all they're attempting to do is refill a candidate database or fill an imminent vacancy, but be wary of investing in them.

Be honest if you are interest in a job 

With a good CV that supports a compelling personal value proposition, you can help the consultant picture where you may fit. Be honest about your skills and don't try to disguise your weaknesses when it comes to a certain opportunity.

Add value, if you are not interested in the job 

Be helpful in the same way that you would be helpful to others in your professional network. Even if you're not interested in the position, make the consultant's call worthwhile. Give them input on the position they're filling, such as why you're not interested or how it may be made more enticing. Give your opinion on the client's reputation. Assist the consultant in staying up to date with non-confidential changes in the industry or function.

Once you've gotten their attention, you can use search consultant relationships as part of your long-term career plan. 

How to get a job with the help of executive search consultants

As a person looking for a job, it is important to present yourself in the best way possible. This is especially important when you are looking to start your career or are looking for promotions. One of the best ways to take your career to the next level is to work with a professional executive search consultant firm. Following are some of the tips and tricks as to how to work with an executive search consultant firm.

1.      Identifying the right executive consultant for you

In your industry, there might be many executive search firms. But going to the right executive search firm is the first step in your job-hunting process. In order to get the best result, go for a consultant that specializes in your field of interest. A thorough search will help you find the top performing global executive search firms in India and abroad. From this list of prospective firms, find the one that does recruitment for your niche field. The recruiter should ideally be open to connecting with you in order to figure out what you know, or what jobs you are interested in.

2.      Scheduling an appointment with the consultant

The next step in your job-hunting process should be, talking to your consultant. A good executive search consultant will walk the candidate through the whole process. They will also help you with the best practices to find a job. They can advice on the best way to approach an employer. If you fail to do that then your job inquiry will not be taken seriously. The international executive search firms in India will most probably have worked with your interested organization or somewhere similar. Therefore, they will know what these places are looking for in candidates.

3.      Demonstrating why you want the position

When you are talking to an executive search consultant you should be able to talk about, you’re your qualifications are for the job. Substantiate this will prior working experiences. You should also prepare a set of questions that you want to ask the consultant like how they can help you, what do they think your chances of success are, how is the job market right now, how long is the process, etc.

4.      Compile your CV and other verification documents

When you discuss with the search consultant, go over everything that you will need to apply for a position. The consultant will be in a position to advise you on what the company would want in your CV, how the letter of recommendations should be or any other material that they may ask for. Before sending the documents in, have an expert or a professional verify your documents and CV. They should be trained for the position so that they know to focus on the right accomplishments and career milestones. 

5 Things You Can Gain By Hiring International Executive Search Firms in India

There is always an option of hiring through an in-house team but when it comes to C-suite employees, it gets trickier than you can imagine. Hiring an executive employee needs a whole other skill set and the level of experience you might not have in your team. 

In such cases, hiring executive search consultants to make your search faster, risk-free and streamlined can be a good idea. 

Here is a list of 5 things you can gain by hiring International Executive Search Firms in India:

1. Streamlines Processes - Filling an executive level position is a humongous task one that needs both skill and experience. Hiring a search firm can help you lay out a more streamlined process of hiring right from the beginning that is from creating a job description to thoroughly understanding the company culture, finding the potential candidates entails just 40 % of their job description. 
2. Access To Wide Pool Of Potential Candidates - Hiring global executive search firms in India can further give you access to a wider pool of potential candidates to choose from. This not only increases your chances of finding the right candidate but also minimises the risk of a wrong hire.
3. Access To Passive Candidates - Finding an employee for a C-suite position is all about looking at all the right places. The search firms not only give you access to active candidates but also the talented passive ones who might be open to a great opportunity but are currently not looking actively.
4. Access To Huge Network of Candidates - Hiring for an executive position is a two way process. You are not the only one interviewing the candidate. The candidate is also continuously judging you on various parameters and deciding whether your company is the right for them. Having a huge network of candidates that is build over the years, these search firms can get you a free pass in this close network and thus help in building the overall confidence in favour of your company.
5. Faster Process - Hiring is not only about finding the right candidate with a particular skill set. It is about finding the right candidate whose goals coincides with your organisational goals and who can adjust in your company culture well boosting the morale of your team and thus ensure better performance in the long run. Complicated right? While looking for such a person, urgency sometimes takes a back seat. Having a firm can actually get you all this in less time with minimum risk involved.

Cornerstone - For Global Executive Search Firms In India

Cornerstone is an international executive search firms in India which is at a leading position with wide range of offerings and dedicated services. We are being recommended because we take our clients to a success level with satisfactory service. Cornerstone’s vision and mission has been towards making a larger infrastructure of network building and till now we have created a global as well as small entrepreneur with high potential reach. We are present at every major international countries. We believe in giving all our efforts and network created through years of efforts to our clients whom has supported us a lot.

Cornerstone’s service as Global Executive Search Firms In India:

 

·         Professionals with knowledge and experience

·         Worldwide reach and network

·         Customer satisfaction is our priority

·         Dedicated to improve with ‘real time feedback’ system

·         Customized services for different clients

·         Clear communication process

Cornerstone follows the rule of thriving of value and we work in a way that gives us back the morals and values. We have taken all the necessary steps to make sure that our client gets all the benefits and security while working with us. While leading in the area of executive search firm, we make sure to understand our client and their professional requirements completely so that we can service them in exactly what they need. We choose candidates that are perfect fir for the job with complete and personal attention in hiring. We also keep in mind the timeliness and punctuality of the work. Additionally, we take care of the communication level that it takes to do a successful business. As we are wildly spread and have a great reach we understand the importance of staying in a loop and have communicative connectivity for an organizational work.

As an executive search consultants we understand the importance of learning and development. Growth is required at every stage of business and to grow it is important to learn so we also provide onboard services for leaders who are executing for them to have the best of knowledge. We have built a team that works effectively towards creating the best as well as learning the best. Our tie up with Prima Genesis shows our dedications towards providing the best onboard services to our clients. From past 25 years we have thrived for value and nothing else.

Your Look For Executive Search Consultants Ends Here

Today, Cornerstone has both Global and Local reach with 70 offices expanded over the Globe and also we are present at every important centre of the world. We have set a very high level of executive search consultants in the industry. We have a reputation is based on building a quality of team that has leadership. Our network is expanded both in India and worldwide so if you decide to work with us then note that you will receive a huge network of connection which will do benefit to your company for a long time. W are known for global executive search firms in India and outside India as well.

Why Us?

Administrative Look - We have a matchless ability of research and work. We are well-defined company with complete vision and clear focus. At Cornerstone, we manage versatile types of projects given to us by clients from across the world. We provide a service technique taking both traditional and modern technologies. We look at our projects with a vision and mission.

Consultative - Today’s fast growing world has put a focus on giving best performance. We understand the want of transformation that is needed everyday considering the way the time is moving. We are thrived to give a consultative practice for the current business environment.

Authoritative Command - An organization can have the best service and products but it is very important to have such authority to execute the best service. We are dedicated into bringing candidates at our company that gives you powerful quality work. We choose potential candidates and transform them into leaders.

Skillful Training - After working for 25 years in the industry and building a top level company we know the need of skill for a particular task. If there is the skill then the work produced will be excellent. We give executive coaching as well that is to develop leadership quality and focused career.

Smart Results - At Cornerstone, we follow the rule of creating best talents that can deliver a result you expect us from after continues high level of effort. Every project that we deal with is given personal attention with an aim to deliver the best result.

Our main goal is to be on the top in international executive search firms in India by providing an exclusive level of service, talent full training and expected results.

Ways In Which Global Executive Search Firms In India Are Developing Talent Communities

There is no denying the fact that qualified candidates are always short in supply. As per the research done by one of the companies offering leadership consulting services, about 76% of the executive search firms maintain that talent scarcity is what they face and is becoming a serious concern for a country like India where most of the youngsters believe in working on foreign land. This is the reason as much as 73% of the employers are ready to invest in the talent communities.

So, What Are Talent Communities?

As the name suggests, talent communities are nothing but a group of skilled candidates from which engaging and interesting talent can be hired quickly to fill the various job positions. These communities comprise of individuals who are looking for either permanent or temporary work. The Global Executive search firms in India have access to the nurtured and curated talent pool who have expressed their interest to work in different domains. The recruiters check whether a particular candidate has expressed an interest for their client organisation or has previously worked with the client in order to check the compatibility quotient and the possibility of working in future. It's a two-way sword because the recruiters can get the fastest access to the candidates and that too at a lower acquisition cost.

How Talent Communities Are Developed?

It's not that talent communities are new to the hiring arena; they have existed for years, however, with the increasing talent scarcity faced by the recruiters and employers, they have now gained the importance. The recruiters eye the talent communities to keep the highly skilled candidates who haven't been offered positions for future opportunities. The talent communities also give access to re-deployable talent, retirees and interns. Thus, each and every type of talent is available with the talent pool. The talent pools can be used to source the qualified freelancers. These communities help in reducing the overall talent acquisition costs.

Ways Of Developing Successful Talent Communities

Indeed, talent communities are effective in achieving a competitive recruiting advantage. Here is how the International Executive search firms in India set the talent communities:

Candidate Feedback

The executive search firms initiate regular follow-up with the candidates who are not selected for a job position due to any reason. When they ask about their interest as well as work arrangements in other positions, they can consider them for aligning with different opportunities available in future.

Attract Talent

The communities are segmented based on the work as well as a role type. The strategies are incorporated for attracting both the permanent as well as flexible talent.

Keep In Touch With The Candidates

The recruiters are in regular and consistent communication with the candidates who can be engaged in the talent communities. In order to nurture talent, the candidates are provided with interesting information about the company.

Useful Guidelines That Can Help Improve Executive Retention Rates

While most business organizations consider finding and recruiting top talent to be their biggest challenge, retaining them for a considerable time period, often proves equally challenging. In fact, high executive turnover is one of the major causes of loss for business organizations across the globe. More importantly it affects the smooth workflow as well as image of the organization besides causing a visible decline in the morale of the employees. The best ways to avoid the aforementioned problems is to enhance the overall executive retention rates. The below discussed guideline suggested by the global executive search firms in India, can help business organizations to ensure the same.

Go For Selective Hiring

In order to ensure a high executive retention rate, it is important to appoint the right executives first. This depends on the kind of hiring choices made by the recruiters, who need to consider not only the skills and experience of the prospective candidates but also the other important aspects of their personality. Choosing the right candidates maximizes the chances of the candidates also feeling satisfied with their position within the organization. This naturally brings down the probability of the candidates looking for other more satisfactory career opportunities elsewhere.

Be Sure To Offer The Right Package

One of the key reasons responsible for low retention rate of executives is their dissatisfaction with the package being offered to them. If you want to keep great talent you are going to have to pay in more than just money.  This high competition levels combined with the shortage of good talent has provided a major advantage to the right candidates. They can take their pick from a choice of job options offering a great compensation package and other benefits. That is why it is essential for the business organizations to review and revise the packages being offered to their top performing executives on a regular basis to minimise the risk of losing them to competitors.

Develop A Comfortable And Motivating Work Environment

The work culture and environment within a business organization play a major role in enhancing the executive retention rate. This is because most executives spend more than 8-10 hours at their workplace. Hence, it is essential for the hiring organizations to ensure that their executives feel comfortable and happy during the time they spend at the workplace. This involves creating a positive environment and a motivating work culture where the executives have ample opportunities to grow professionally. According to the experts from the leading international search firms in India, organizations having such an environment and culture tend to face the problem of executive turnover by a significantly lesser margin.

Provide Them Opportunities To Improve

Many executives chose to leave their current organizations simply because they no longer see a scope for personal and professional improvement. The sense of having reached a saturation point within the organization often makes the top performers extremely restless and this leads them to seek more interesting opportunities elsewhere. As such the hiring organizations need to ensure that they offer ample opportunities for growth and improvement to their top executives to keep the job position interesting enough for them and minimize their chances of leaving.

Reasons That Make Finding Diverse Talent Quite Challenging For Business Organizations In India

Business environments today have become highly dynamic and competitive and this has created the demand for a truly diverse workforce. A diverse workforce offers various benefits which helps in enhancing the overall productivity, innovation, culture, growth and innovation of the organization. It is a common belief that diversity within an organization is just about including a greater number of women in the workforce. Rather, diversity is more about the changing mindset, the overall behaviour of employees with their colleagues, internal and external clients and the suppliers. However, finding such diverse talent is often quite challenging for even the most renowned companies offering the services of executive search India. The reasons for the same are discussed in brief as follows.

Poor Values And Ethics

It is important for business organizations to have strong values, ethos and purpose of existence and to stand by them in a stringent manner. These should define the basic operating principles of the organization and should be focused on giving proper care, trust and respect to the employees. Organizations lacking such values and ethics tend to have a narrow mind-set which makes talented professional overlook any opportunities available with them.

Lack Of Proper Communication

The lack of proper communication is one of the major reasons behind the inability of organizations to attract diverse talent. In the highly competitive work environment today, it is important for a business organization to share the success story of its employees and speak up about the value proposition and its emotional aspect. At the same time the leaders within the organization need to take up accountability for the various positive and negative actions of their team members.

Biased Hiring By Leaders

Most business organizations tend to be unaware of the fact that their leaders might nurture a hiring bias, which they themselves might be unconscious of. This bias leads them to give preference to candidates they are likely to feel more comfortable working with. This bias limits them from not only recruiting diversely talented professionals but also retaining such people within the existing workforce. Moreover, such leaders are not in the favour of adapting diversity as an integral part of the business strategy. This, according to the international executive search firms in India, can have a deep negative impact on the ability of an organization to acquire diverse talent.

Lack Of Flexibility

Employees today seek greater flexibility in their work place and work schedules as it helps them ensure a better work-life balance. Most talented professionals are attracted towards organizations that offer great corporate culture, sense of belongingness, employee engagement and flexible work environment. These aspects play a key role in enhancing the overall satisfaction level of the employees and ensuring their maximum performance and success.

Absence Of Equal Opportunities

A key reason that prevents organizations form attracting great and diverse talent is the absence of equal opportunities. Organizations, that tend to promote their employees based on anything other than their skills and competence, find it extremely difficult to not only recruit but also retain diverse talent. Organizations that consider diversity and inclusion to be their social responsibility tend to attain greater success in attracting diverse talents. 

Know Everything About Executive Search Firms In India

So, what does the best of the lot, you need to check whether executive search professionals are also maintained firms who initially possess an excellent market reputation and can do the job quicker than expected. Once, you are confident about their service promotions which may range from role developing, a company developing, and in-house HR assistance to training & development of applicants, you can rest assured about the applicant hiring procedure. Choosing the right executive can help a company achieve its full potential. By contrast, choosing the wrong executive can be incredibly costly; not just to in general, but also to company spirits.

Know Everything About Executive Search Firms In India

Why Should You Depend On International Executive Search Firms In India?

Human resource firms are one of the most important sectors which help a company to grow.  Executive firms are informally known as headhunters whose job is to recruit highly qualified candidates for senior-level and executive jobs. The method usually involves commissioning a third-party organization, typically an executive search firm, but possibly a standalone consultant or a consulting firm to research the opportunity of suitable qualified candidates working for competitors or related businesses or organizations. They identify a group of shortlisted candidates who qualify the requirements of a company and send the candidates to their respective job matching companies.

The Executive search firms act as a mediator between the employee and the employer. They also hold interviews, negotiate the salary and even prepare the contract of employment. Executive search professionals are also involved throughout the hiring process, conducting detailed interviews and presenting candidates to clients selectively, when they feel the candidate meets all stated requirements and would fit into the culture of the hiring firm. Executive search firms typically have long-lasting relationships with clients spanning many years, and in such cases the suitability of candidates is paramount. It is also important that such firms operate with a high level of professionalism and confidentiality.

There are a lot of advantages why you should depend on executive search firms for your company which are as follows

Cost Effective – Outsourcing candidates from a human resource consultancy firm can be really cost effective. If you interview, recruit, train an HR employee for your company it could be a matter of loss of time and money. Thus outsourcing candidates from executive search firms prove to be less costly and can save a lot of money. Hiring someone through international HR firms help in getting the best people at a lesser time. You need not spend much in going from here to there and get someone right for the job. International firms are reputed in giving jobs to the deserving candidates.

Efficient - In general and executive search firm HR is more experienced and can deal quite complex HR functions such as recruitment, compensation and benefits administration, employee regulations, employee handbooks and occupational health and safety of employees better. This will help the company to curtail the extra head-ache off an employee’s requirements which are taken care of by the executive search firms.

Less Turnover Problems – Human resource outsourcing reduces the risks of your company’s turnover. Some functions of the HR department simply can't stop because of a recent turnover.  HR consultancy is the best way to avoid a problem in your company’s core work if an employee leaves the job. Instead of getting the trouble of replacing an employee and searching for a new one, it’s better to fill the position of an employee perfectly by outsourcing. When you have international firms taking care of your business, the process gets smooth and makes the life easier.

Maintaining The Office Policies - An HR executive firm helps to maintain and keep up to date the policies that affect the work place. They will make sure your policies and procedures comply with these laws and that both the employer and the employee are protected. Office policies are adhered to by such firms as they have the experience in doing so. Global research and homework make it possible.

There are various Global Executive Search firms in India and International Executive Search Firms in India, who have been doing a fabulous job in outsourcing employees to the companies on the basis of the company’s requirements and the employees’ merits.