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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