Startup Costs: $2,000 - $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? No
As an executive recruiter, your role would be to help businesses find the right person to fill positions in their C-Suite. Depending on your area of expertise, you can work with one particular industry, like tech or finance or work across many industries. Your days would include talking with both employees and employers about their needs and goals, looking at resumes, arranging meetings and interviews, doing research on a given market and helping to negotiate salaries and benefits for your clients. Recruiters often have a bachelor’s degree in human resources. You can set up a home office as a recruiter, and depending on the situation, recruiters can work on a case by case basis, or on retainer for longer periods of time depending on the needs of the company.
ASK THE PROS:
How much money can you make?
The average salary for an Executive Recruiter is $63,069 a year in the United States according to careers site Indeed.
What’s the most important thing to know about this business?
“Before compiling a shortlist of potential candidates, recruiters need to intimately understand the client’s values and goals. Without this insight, recruiters risk suggesting candidates who look great on paper but ultimately fail because of a cultural mismatch. True core values are elemental to the way a business is run and embedded into actions and messaging at all levels. Bland references to teamwork, integrity or authenticity might sound lofty but still fail to connect with a concrete business strategy in many organizations. Instead, company values should be specific and vivid enough to guide everything from hiring decisions to how a customer service representative answers the phone. Often, recruiters need to prompt companies to define their core values.” - Paul Nolan, Group Managing Director, Nolan Partners