Executive Recruitment

Looking to fill an important position but dreading the hassle ofhunting for candidates? Executive recruitment firms, also known as”headhunters” or search firms, can find qualified professional,managerial or technical candidates for you. Hiring a headhunterrelieves you of the time-consuming distraction of sifting throughcandidates, often at a considerable distance, while other work goesbegging. It also gives you a contact who may already potentialcandidates for your available position.

Headhunters are not without problems, however; cost is the mainone. Some work on a retainer basis, charging a fixed fee in advancefor filling the position; others are paid a contingency fee when asuccessful hire is made. Many firms charge a percentage of theemployee’s first-year salary. Be warned, however: If you’re lookingto fill an executive level position, depending on your location,the type of manager you need and the time required to findcandidates, a successful search could cost between $50,000 and$100,000.