Features about Employing an Executive Search Firm
The name as it indicates is definitely an agency which helps companies to get suitable candidates for position of executives. Annually there are lots of requirements for executives, in several organizations. But the duty of hiring becomes more challenging if the company directly tries to look for candidates through a traditional advertisement medium. The executive position is a very responsible position, which can not be risked with incompetent people.
Executive firms are recruitment services which are well-known for expertise to find executives Senior level recruitment consultants India. They take all your headaches of recruitment and provide the best person for the vacant place. Since, they’re professionally trained and already equipped with the skills, so they can save a lot of time for the company.
The complete cumbersome task of short listing candidates, arranging the venue for the interview and selecting right candidates are taken care by these executive search firms. They have the competency to choose the perfect person from a huge selection of applications.
There are so many benefits to hiring such companies for the purpose. Here are a few interesting details of such services.
Fixed Charges Executive Search-
In this sort of search setup, the company offloads the executive recruitment work to the executive search company. These firms charge a fixed percentile of the selected candidate’s annual salary.Usually it’s paid in three installments. This is one of typically the most popular formats of hiring such recruitment agencies.
Advance Charges Executive Search –
In this sort of create, the company has to pay for the executive search firm in advance as recruitment charges. But here there is a small difference between fixed charges model. The fees are refundable if the firm fails to supply the suitable person for the post. This can be a safe way to try the newest agencies in the market.
Reliant Executive Search-
This create is totally different from above too. The search firms start receiving 20% of annual salary after the selected candidate is finalized. This is not an onetime fee. It is a repeating income for such firms. The fee is paid by hiring company not by the candidates. Executive search firms will be the professional services ideal for all types of business houses.
They have qualified staff and high class customer service. The most crucial thing is enough time and engagement of companies with the aim, which is often saved easily by hiring 3rd party at really low cost. They can provide custom searches according to your needs. So, next time when you require an executive for the company then does not hesitate to contact one of them.