Face Up to in Executive Search

Face Up To In Executive Search Tel : +91 8010772772 || vijay@cornerstone.co.in || http://www.cornerstone.co.in

Face Up To In Executive Search In the current situation of the world economy, the companies are facing a major crunch to hire senior talent and decision makers.

The multiple factors such as relocation, compensation, superiority and even their comfort in current role have made it strenuous to encourage senior talent to pursue new opportunities.

Tel: +91 8010772772 , vijay@cornerstone.co.in

Face Up To In Executive Search To ensure the success of a business, employers have to ensure the presence of right talent in place.

The desideratum of senior executives is not only financial augmentation but also to satisfy the psychological and self-recognition needs.

This has made it difficult for employers to retain their talent.

Tel: +91 8010772772 , vijay@cornerstone.co.in

Face Up To In Executive Search The Client wants the befitting talent to grow the company even in the stressful economy and thus would need to push a little to give the Candidate a feel-good factor to accept the offer.

The role of the Executive Search firm becomes really important but tremendously challenging to find the befitting candidate for the Clients. Collated are a few obstacles faced by Executive Search firms.

Tel: +91 8010772772 , vijay@cornerstone.co.in

Face Up To In Executive Search 1. Clients Want to Hire with a Quick Turn-around time but have Ambiguity in their Requirement

Clients these days require a Search firm to hire a senior management team member in a short time but do not have clarity on the hire needs. This pushes the client to change the role requirements multiple times during the search period.

Tel: +91 8010772772 , vijay@cornerstone.co.in

Face Up To In Executive Search 2. Clients are too Reluctant to market the role and their Organization which makes the Candidate a Little Apprehensive In a few cases, Clients who don't appreciate that search is a collaborative process and also requires adequate selling, end up losing potential candidates.

Due to the superior feeling of the Client, the candidate is taken aback. Also, by the interrogating one way style of the interview, the candidate loses confidence in the organization to work.

Tel: +91 8010772772 , vijay@cornerstone.co.in

Face Up To In Executive Search 3. The Best Candidates Are Reviewing Multiple Offers The dilemma with Candidates is that, as they are actively looking out for a change, they are pursuing multiple opportunities to find the best proposition for themselves.

The deciding criterion is no more the benchmark they set in terms of remuneration for themselves but also the growth prospect, designation increment, a challenging opportunity, a company with a good brand name and multiple other factors.

Tel: +91 8010772772 , vijay@cornerstone.co.in

Face Up To In Executive Search 4. High Expectations of Candidates Even with a challenging Economy where the internal increment has been restricted to 8-12%, the candidates are looking for increment of 30-50% to switch their jobs.

This makes it difficult for the Search firms to convince the candidate not to be pricey and consider the intangible factors and other benefits.

Tel: +91 8010772772 , vijay@cornerstone.co.in

Face Up To In Executive Search As the companies are becoming Techno savvy, they are also using their internal network and referral programs to reduce their costs of hiring.

But to find the right person from the industry and cast the net wide, they require an executive search partner who is cognizant of the market and can head-hunt the best candidature for the role.

Tel: +91 8010772772 , vijay@cornerstone.co.in

Face Up To In Executive Search Therefore, in the war of Talent, the executive search firm tries to create a win-win situation for the Client and the Candidate.

It has to be a collaborative effort from both the parties as they are in need of each other.

On the other hand, the Candidate is also looking for his growth prospect and needs the Client to help him move to the next level.

That’s where the Executive Search firms work as the mediator to make the marriage work.

Tel: +91 8010772772 , vijay@cornerstone.co.in