How Executive Search Services Companies differ from Recruitment Agencies?
Are you planning to hire a manager for
your firm? If yes, here’s why you should hire a global executive search consultant
firm instead of a recruitment agency.
Many enterprises aren’t aware of the fact
that recruitment firms and executive search service providers are vastly
different from each other, although they provide the same solution, human
resource. Companies planning to hire top-level managers, CEOs, and other board
members should talk to executive security consultants instead of a local HR
recruiter.
Executive Search Consultants
Executive search service
providers screen, vet, and connect highly qualified candidates with the client
companies. They are specialized in providing senior level candidates and
professional positions. The consultants don’t randomly select candidates and
fix an interview with them. They rather screen applicants based on the client’s
requirement. They also act as the intermediator between candidates and the
employer firm.
Recruitment Agencies
Recruitment agencies also deliver the same
service, but less proactively. For instance, they don’t hunt down candidates,
but rather post job openings on different sites and platforms, magazines, and
newspapers, and prompt candidates to contact them. They don’t directly contact
professionals. They are perfect for hiring level 1 and level 2 staff.
Difference Between Recruitment Firms and Executive Search
Services
Unlike recruitement firms, executive
search providers adopt a reactive technique to screen and hire candidates.
They use a methodological approach in recruitment, such as they typically
consult the higher-level managers in the firm to discuss the requirement. They,
then, employ a complex market mapping exercise to create a candidate list. The
candidates are shortlisted based on reviews and company demands. Out of which,
only one or two candidates are selected for the final interview.
The type of candidates also differs in
both firms. Recruitment agencies generally screen active candidates, the ones
that have a resume prepared, and are looking for a switch. Executive search
service providers seek out only passive candidates, the ones who aren’t
looking for a job, try to convince them with impressive employment.
Executive search is complex and tedious
but garners the best results as the candidates always come with an exceptional
track record. Global search executive firms usually work for
international clients or multinational organizations. They specifically hire
candidates having international exposure.
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