The reason working in the human resources department is stressful is because it is challenging to select the perfect person for executive positions—one who is best-suited to fill the position. It is a very important duty to full-fill, and that’s why sometimes they have to hire an executive recruitment agency to take it over.
Getting the assistance of an executive recruitment agency is popular because there are so many other things HR has to take care of. Such as scheduling vacations and time off, training new employees, and overseeing benefits. Hiring an executive recruitment agency offers companies a more cost-efficient and beneficial way to do business.
As well, an executive recruitment agency allows organisations manage risks and cost. It is a sound investment that not only impacts a firm’s revenue, but their time as well. Executive recruitment agencies are experienced in finding the best talent for management roles. The agency’s extensive database of applicants, meticulous testing, and interviews give them the edge they need to fill vacancies with the most competent and talented candidates.
Essentially, executive recruitment agencies minimize a business’s costs from hiring the wrong candidates–which can cost thousands and thousands of dollars annually.
Why partner with an Executive Recruitment Agency?
Businesses benefit significantly from hiring an executive recruitment agency because they have the know-how needed to find the perfect fit for the position. Below are just a few ways recruitment agencies are advantageous to the firms who hire them:
• They’re experts in what they do,
• They’re connected with other experts in a variety of different fields,
• They’re experienced at assessing every applicant to match management credentials and requirements,
• They’re adept in giving manpower advice to firms and provide effective solutions to filling open management positions,
• They have accumulated long-term experience in profiling management candidates,
• They have a vast and intimate knowledge of the market in numerous industries, which allows them to identify other success factors to provide realistic outcomes,
• They have a series of developed tools and techniques to evaluate every applicant (from reviewing their resume to technical and practical exams through to conducting personal interviews),
• They have a huge network from which they can find the best and most qualified potential management candidates,
• They’re cost effective—they reduce direct and indirect costs associated with the hiring process,
• They reduce the risk of hiring a poor candidate,
• They reduce the amount of hours lost searching for the right management candidate that could be better put to use focusing on the firm’s core activities,
• They reduce the loss of productivity due to rehiring and retraining,
• They’re focused on providing exceptional service,
• They have only one core function, and that is recruiting executives – it is not something an executive recruitment agency does in their spare time – it’s their life,
• Their only goal is to find successful recruits, because that is how they measure their success.
All day every day executive recruitment agencies focus on identifying, attracting, and assessing applicants who are suited for a firm’s vacancy. The key to getting access to all these benefits is to find a reliable executive recruitment agency you can trust—one that has been providing employers and job seekers the best results.
The trickiest part about hiring an executive recruitment agency is choosing the right one.
How to choose an Executive Recruitment Agency
As we saw above, using the expertise of an executive recruitment agency is a wise business decision, but how do you choose the right one? The best executive recruitment agency is the one specializing in the length of time you need the position filled. Some agencies focus on recruiting temporary staff on a contract basis, while others only recruit permanent staff, and some do both.
Termination of temporary Employees
Corporations need to find out what system an executive recruitment agency has in place for terminating the assignment of temporary workers who don’t work out—and they should have open access to the individual(s) within the agency who deal(s) with their account.
Reputation
The best executive recruitment agencies have a solid reputation and long-standing, stable relationships with their clients. Meaning, they do everything they can to learn about a firm’s culture, the best types of candidates, and the individual preferences of the other people who work in the company. It should go without saying, but an executive recruitment agency has to be highly professional and articulate. They have to communicate easily with CEOs and other upper management, when necessary, without being intimidated.
This article was written by Eugene F. Wallace, an executive recruiter who helps companies identify and hire exceptional talent for their agencies and creative departments.