Leadership Blog

Posted By: Eva Grabner | on October 22 2019

Executive Search

Before hiring the right employee, you must find the right employee, and this is the most challenging process of recruitment. Hiring the right employee at any level of your business is the foundation for success, whether for technical position, middle management or executive. And, hiring the right executive level employees can take your business to next level or drive it into the ground. Hiring the wrong employee is expensive, may result in excessive costs for time spent training, doing rework and in litigation. On the other hand, hiring the right employee pays you back in employee productivity, a successful employment relationship, and increased revenue. Ultimately success in business and a positive overall work environment.

Hiring the right employee boosts your work culture and pays you back a thousand times over in high employee morale, positive forward-thinking planning, and accomplishing challenging goals.

In order to hire the right employee, you must first engage in the process of finding the right employee, and this can be done in different ways.

1.  Contingency Search Firms

The contingency search firm are usually best for mid-level roles and individual or temp hiring. Contingency search firms have big pool of candidates. You can quickly find the right employee for a role in your organization through a contingency search firm. These firms also have a standard rate because they are able to attract quality employees to them through passive search methods.

2. Retained Executive Search Firm

Traditional retained executive search firms work exclusively to fill board and senior-level executive roles. Executive level job openings are rarely advertised or posted online. Retained executive search firms spend a large amount of time and resources up front to ensure they have established relationships with key candidates and firm. Having a solid search firm working for you can save you a lot of time, money and hassle. Finding the right executive is the first step in bringing success and longevity to your firm.

Challenges in finding the right employee

Challenges in finding the right employee, whether technical, middle management or  executive, are very common. Posting and interviewing can be time consuming; and, an executive search can be even more so, with the possibility that the search will end in failure and frustration. You may ask, will I ever the right candidate? When in this position it is always best to turn to professionals who are well connected and can efficiently and cost-effectively find the candidate you’re looking for.