Did you know it takes, on average, 71 days to hire a business executive?
3 Ways Executive Recruiters Can Help Organizations
By any measure, this is a long time. If you’re a busy business owner, you can’t afford to spend more than two months looking for an executive. And what if you’re looking to hire more than one executive?
Yet, at some level, your business can’t do with an executive. Well, not that it will necessarily fail, but executives can help push your business to the next level.
What should you do?
There’s a simpler way. Hire executive recruiters.
Keep reading to learn the different ways these recruiters will help your organization.
1. Reduce Hiring Time
We’re in agreement that no one has the time to spend 71 days on the hunt for an executive. You’ve other things on your plate.
If you don’t want to spend several weeks or months looking for the right executive hire, an executive recruiter will help you. In fact, it’s possible for these recruiters to find you the right executive in a matter of days.
Wondering how they pull it off?
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Most executive recruiters typically own a recruitment agency that has a pool of candidates for executive positions. Once a position arises, they simply need to look at the needs of the clients and find candidates who suit those needs.
This has already saved you a couple of weeks. On your own, you’d have had to advertise the position, receive applications, review them, and zero in on two or three.
2. Find the Best Person for the Job
Generally, a bad hire will cost your business about $15,000 to replace them. This is someone who earns below $50,000.
When it comes to hiring executives, the stakes are higher. Your business stands to lose a lot more money if you hire a C-level employee who isn’t the right fit.
Why run this risk when you can outsource the job to an executive recruiter and enhance your chances of finding the right professional for the job?
You already know that executive recruiters have a pool of potential candidates. Job seekers don’t end in this pool by mistake. They end up there after a thorough evaluation.
So, when an executive search firm recommends a certain candidate, they’re certainly a good fit for the position.
3. Enables Stealth Recruitment
There are times when you need to go about your recruitment business silently. Perhaps the person you want to replace is still employed at your company or you don’t want your competitors to know what you’re doing in the labor market.
An executive search firm enables you to hire when you need to remain discreet. Without the firm, you’ll have to advertise the position, which makes your intentions an open secret.
But with an executive recruiter, you can effectively conceal your plans until you’re ready to make the final move.
Executive Recruiters Are Good for Business
If you’ve been on the fence about hiring executive recruiters, it’s time to cross over. We’ve fleshed out 3 unique ways they’ll help your organization, but there are more benefits.
Keep tabs on our blog for more tips and advice on running a company.
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