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Executive Search Firms Vs. General Recruiters - WalkWater Talent Advisors

There was a time when companies relied on their own HRs for recruitment tasks, or hired third party recruiters for the job. But now, with so much competition around, and with everyone wanting to be ahead of their competitors, they want nothing but the best for their business. And, when it’s about the best, it’s about hiring the best executives who lead the rest of the employees and manage all the processes taking place within the workplace. We’re speaking about CEOs, directors, managers, team leaders, and other such high-level positions within a company.

When it’s about hiring such high-level executives, do you think general recruiters will be able to provide for the best? There was a time when general recruiters were relied upon for all kinds of recruitment, but it is no longer the case. Companies are now shifting to hire special executive search firms to help recruit executives who are to work at high-level positions. Such special executive firms are built specially to hire such high-level executives by means of certain distinctive strategies. Let’s help you know why and how you should partner with such best executive search firms in India.

Why should you hire a specialist?

General recruiters have good amount of knowledge and experience in helping hire candidates for a wide range of jobs across industries. But, when it comes to senior-level jobs, you need something extra. This is where specialists are required. Specialist executive search firms are well-equipped with looking for all the talent and skills required to help lead a team and make the best decisions for a company. After all, senior-level executives are the ones whose decisions can make or break a brand. Furthermore, general recruiters will only search for active job-seekers and match their resumes with the requirement of your vacancy. In contrast, specialist search firms go beyond and reach out to even passive individuals who aren’t looking for a job change, but are certainly the best choice for your organization. They’ll make sure they pull them out of their comfort zone and come in for an interview to you; thus an added benefit of having the most suiting candidate possibly working for you.

What kind of executive search firm should you partner with?

There are two types of executive search firms – contingency and retained. Contingency recruitment involves hiring a third party that helps recruit candidates for a job, with the policy of “no recruitment, no fees”. In this situation, multiple recruiters are hired to look for a fitting candidate. Whoever is able to fill in the vacant position first is paid. On the other hand, in the case of retained recruitment, the recruiter is paid an upfront fee, and is responsible for working on an exclusive basis, meaning that only they will be looking for a candidate for a position, and no one else. While both the types of recruitment agencies have their own pros and cons, we can clearly see that in the case of contingency recruitment, recruiters will simply want to fill up the vacant position and get hold of the fees; but in the case of retained recruitment, the fee is already paid, meaning that the recruiter will focus on bringing in the right kind of talent, even if it means taking a little longer. Hence, quality is assured more in the latter case.

Choosing the right search firm

Remember, simply hiring a (retained) executive search firm isn’t enough. It is important that you do a good research before hiring one. Look for the specific areas of specialization, and for a background that matches yours. Also, make sure they understand what is happening in the industry, and are aware of the shifts in executive trends. All in all, you must be able to choose the search firm who can help place the right candidate in the right role, ensuring long-term success for both you and your potential employee. One of the best executive search firms in India who can help you achieve just that is WalkWater Talent Advisors, India’s fastest growing leadership search and talent advisory firm.

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