Using a headhunter
turns a passive executive recruitment strategy into an aggressive one. Rather
than advertising a post and hoping that the best candidates come to you to
apply, when you use a headhunting service, you send someone out to track down
the best candidates for you. Many people will be interested in a position if it
is offered to them personally, even though they are not currently looking for a
new job. You can only recruit these people if you make the first move, because
they won't see your ads or apply for a job.
Headhunters specialize in executive recruitment. They
work for the companies that need the best new talent and which are willing to
make the sort of offers that can tempt a skilled executive away from their
current position. Headhunters target the best people for the job. They hunt
them down and convince them to meet with the recruiter who is interested in
them. This places the headhunter between employers and new recruits. They act
as a mediator, a negotiator, or even a matchmaker, helping to find the perfect
candidate for a job, and helping executives to move into new and better
positions.
In order to be
successful, a headhunter must have insider knowledge of the industry in which
they are working. They must have a network of contact through whom they can
find out about the positions that are going to become vacant, and about any
newly created positions. They need to keep an ear out for any high level
professionals who might be looking for work, or who could be ready to make a
move if the right offer is made to them.
Headhunters usually
work on commission. Their fee is usually calculated as a pre-specified
percentage of the salary of the job for which they are recruiting people. The
exact percentage will be negotiated with each employer that uses their service,
but a fee of about 25 percent is fairly typical. This means that a headhunter
can earn a lot from a single position that they are able to fill. Headhunting does
not provide a steady income, however, since the availability of positions and
people who are suitable to fill them can vary.
The main benefits for
an employer who chooses to recruit through a headhunter are the savings in time
and resources. The company does not need to spend its own time and money
finding candidates to fill a position. Finding someone who can work at the
highest levels can be very difficult since the pool of available candidates can
be small. Some of the largest companies in the world are able to manage
recruitment themselves, often having a special department specifically to deal
with finding suitable candidates. Smaller companies that are unable to spend as
much time and money on recruitment often choose to use a headhunter instead.
Another important
benefit of using a headhunter is that the candidates who will be presented by
the headhunter have already been evaluated. There is no need for the company to
spend as much time sifting through applications and comparing candidates. They
can also be sure that the candidates selected for them by a headhunter are
among the best in the industry.
The candidates who
work with headhunters receive similar benefits. They are offered positions that
they would not otherwise have known about, and they can work with a headhunter
to find their dream job. Candidates can specify their requirements to the
headhunter, for example asking for a certain type of position, salary, or
particular benefits. They can even ask the headhunter to look for an opening in
specific companies for which they hope to work. Headhunters can also give
candidates an advantage when they are selected for an interview, by offering
additional information about the recruiting company and their competition for
the post.
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