Is Using an Executive Recruiting Service the Best Move for Your Company?
When a position opens up on the corporate level, company leadership has quite a few options for filling it. You can hire from within, create a job listing online or utilize an executive recruitment service. Each of these has its own unique processes, benefits as well as downsides. While every company and role is different, the best match for finding a highly qualified executive is often an executive recruiting service. Here’s a look at each of these processes to help you decide how you want to find your next company executive.
Should you hire from within?
Hiring from within is often the first thought when filling an executive role. Afterall, moving into management and even executive positions are the hopes of many lower-level employees in every company. Even though hiring from within can yield a candidate who knows the company intimately and will likely not need as much training as an outside hire an inside hire, hiring within is still not always the best choice. When an employee stays with a company for many years, they may get settled into a particular way of thinking and often form a sense of complacency. If you are trying to find a new executive who will bring a fresh, new vision to the business, an inside hire may not be able to supply it. As such, looking outside may be beneficial.
Should you post a job listing online?
When you are looking outside the business for a new company executive, it may seem logical to post a job listing on all the online boards. This will attract a wide swath of different applicants, each with different levels of experience and different thought processes. You will naturally have a huge array of options to find the perfect candidate to fill this role.
However, you will have to sift through tons and tons of resumes to find that candidate. If and when you do find them, you will have to train them, possibly for a couple years, before they are ready to stand on their own two feet. In the meantime, you may have to offer a higher salary than you would like to keep them on board. Additionally, by casting a wide net on online forums it is likely that the talent pool will skew toward less qualified candidates. Most companies simply do not have the time or resources for this process.
The Advantages of Partnering with a Recruiting Service
When it comes to finding your ideal candidate, an executive recruitment service, or a corporate headhunter, is the way to go. They will sift through their own database of resumes to find your next company executive for you. This frees you up to focus on other aspects of the business and not spend countless man hours looking over hundreds of applicants. We specialize in a wide range of industry segments, serving as financial services executive recruiters, as well as providing recruitment services to hospitality, legal, accounting, and legal industries.
Some say there is no such thing as a purple squirrel — that is, the candidate with the exact qualifications you are looking for. At Martin Recruiting Partners, we disagree. Let us find your next company executive who will fit the role well and propel your business toward unprecedented success. For more information, contact us today.
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