Working with an executive placement company is something that every major corporation has done at some point in its lifetime. Hiring is a tiring and time-consuming ordeal, and most organizations prefer to skip the labor and fast-track the process with the help of an executive placement company. If you’re looking to do the same but aren’t sure whether the benefits justify the cost, you’re at just the right place. Here are a few reasons why working with an executive recruiter is in your best interest.
Save a Tremendous Amount of Time
This benefit is pretty much obvious. Hiring takes a lot of time. If you look at the jobs on LinkedIn right now, you’ll see a minimum of 200 applicants for every single job post on the platform. It doesn’t matter what niche you’re concerned with. Hundreds of people apply to the same job position, and sifting through each resume painfully is not the best use of your time. This is where a placement company comes in. These companies have the screening and hiring process down to a skill and are fully capable of making a hire much fast than you could on your own.
Well-Connected in the Industry
Connections are a key component of the overall hiring process. You need to get the word out about your job offer if you’re looking to get candidates, and posting the jobs on a job board online is not always the answer. The best part about working with executive placement companies is their existing networks. The companies and their experts have years in the hiring industry and have connections everywhere. They have huge lists of people from practically every industry, and that’s how they’re able to get a ton of applicants to your job posts really fast.
Putting out a job offer reveals quite a lot of information about the inner workings of your company. Firstly, it tells people that a particular individual is leaving the company. Depending on the size of your company and the role of that position, this may spark an interest that leads to bad PR. Secondly, if you’re opening a position for a new department that is still secretive, you may end up revealing the future plans of your company. So, in such cases, the best course of action is to hire an executive placement company that can deal with your matter with confidentiality. These companies can go to the extra length to ensure that your company’s identity isn’t revealed under any circumstances.
To sum it up, we’ve talked about three reasons supporting our claim that an executive recruiter is worth the effort. It’s going to cost you a good deal of money. However, the pros outweigh the cons a lot. So, if you have a position opening up in the company and want the best of the best, the best course of action is to hire an executive recruiter.