The name as it indicates is an agency which helps companies to look for suitable candidates for position of executives. Every year there are plenty of requirements for executives, in various organizations. But the task connected with hiring becomes more difficult if the company directly tries to try to find candidates through a traditional advertisement medium. The executive situation is a highly responsible position, which cannot be risked having incompetent people.
Executive firms are recruitment services that happen to be well known for expertise in finding executives. They take your complete headaches of recruitment and provide the best person for the vacant place. Since, they are professionally trained and already furnished with the skills, so they can save lots of time for your company.
The whole awkward task of short listing candidates, arranging the wedding venue for the interview and selecting right candidates are considered care by these Executive Search firms. They have often the competency to choose the perfect person from hundreds of applications.
There are several benefits to hiring such companies for the purpose. Here are some useful details of such services.
Fixed Charges Executive Search-
On this type of search setup, the company offloads the executive employment work to the executive search company. These firms impose a fixed percentile of the selected candidate’s annual salary. Commonly it is paid in three installments. This is one of the most common formats of hiring such recruitment agencies.
Advance Rates Executive Search –
In this type of set up, the company has got to pay the executive search firm in advance as crew recruiting charges. But here there is a slight difference between predetermined charges model. The fees are refundable if the agency fails to provide the suitable person for the post. This is a protected way to try the new agencies in the market.
Reliant Executive Search-
This set up is totally different from above too. The seek firms start receiving 20% of annual salary as the selected candidate is finalized. This is not a one time fee. It is a recurring income for such firms. The charge is paid by hiring company not by the persons. Executive search firms are the professional services suitable for all types of business houses.
They have qualified staff and high class support services. The most important thing is the time and engagement of companies for the purpose, that may be saved easily by hiring third party at very low fee. They can provide custom searches as per your needs. So , when when you require an executive for your company then does not forget to contact one of them.