What is Executive Search?

An Executive Search is recruitment service that is specialized in sourcing and recruiting candidates for senior level and executive positions. A ‘good hire’ at a senior level who can make a great impact on the performance of the company and its employs is what organizations generally look for. These talented ‘A’ listers are not as visible as others and hence you require a good headhunter (as they are called in recruiting business), who can get you the perfect blend of the best in business and the right fit.

It takes a lot of work from the recruiter’s side to get in touch and attract the prospective hire which is why the Executive Search is one tough job in the recruitment market. This work is performed by Professional Executive Search firms or sovereign departments in recruitment agencies with highly experienced head-hunters who are well versed in this line of work. These firms are hired by organizations that are looking to fill the senior positions to help them in sourcing and making right decisions in the recruitment process. An Executive Search Consultants (folks at these firms) work begins with identifying the best candidates for the job; personally meet them to evaluating their strengths and weaknesses and present and the detailed report to their client. As soon as the approval is given by the client they persuade the candidates and also tactically guide the negotiations.

As simple as it seems; it is easy said than done. The most important task for an executive search consultant is building a strong network and contacts, which happens to be also the toughest. Important because their job gradually becomes easy and tough because building a strong network is a continuous and a never ending process. An experienced firm is mostly preferred because of their strongly built network and contacts in the recruitment industry. But experience must not be the only queue in selecting an Executive Search firm; one must also consider the practices and operation of the firm to make the right decision.

Outsourcing ?? An option to take or not ??

Outsourcing some part of the business is the future of any business. Every big company outsources its part of business to a 3rd party company, it may be recruiting process, it may be pay-roll process, or sometimes it may the whole project.

Now lets see why a company should outsource a part of its process:

Reason 1: Cost – Employees are expensive

The hidden costs for every full-time employees are payroll taxes, paid time-off, equipment needs, training, health benefits, office space… you see where I’m going with this? Alternatively, if they simple outsource they can reduce the whole cost.

Reason 2: Experienced People – Outsourcing companies have more Brain Power

An outsourcing company has mastered in its area and have experts to deal with that particular type of work. For example if you want to recruit someone in your company with a skill which you are not so familiar and try to interview him/her, you will end up hiring a wrong guy for sure. (Unless you are a superman who can do anything). So better get an RPO Services company which can handle any type of requirements for you.

Reason 3: Get time to focus in business development.

One of the biggest reasons why small and mid-sized companies outsource their process is to get some free time when someone else is doing the job for them, so that they can concentrate in getting new clients or improve their services to their current clients.

Companies make it their top priority to stay-up-to-date and serve their clients with best quality services. So they pick best companies, outsource some part of its process and get things going great for them.

So, dear friends

The decision is yours whether you are moving a step ahead and hiring an outsourcing company for your needs or work on your own till you expand a little and wait for the right time to engage an outsourcing company. Keep in mind that not all agencies are the same so it’s important to do thorough research before choosing to hire one.