Whether your company is brand new, or several decades old, at some point you will likely end up working with one or more executive recruiting firms to help your company. These firms, also known as HR executive search agencies, operate just about anywhere there’s a tech hub, including cities like San Francisco, San Diego, and Seattle, though they can also work just about anywhere they’re needed. Top executive recruiting firms can help companies in several ways, and this article will provide an overview of how they do that.
One way in which top executive recruiting firms can help your company is by finding candidates with the perfect skills match for your organization. A recent survey by Robert Half showed that one-third of 1,400 executives surveyed felt the top factor leading to a failed hire, aside from performance issues, is a poor skills match. HR executive search firms can talk with you about what skills you’re looking for, and recruit candidates based on that criteria. Finding candidates with a good skills match can make it more likely you’ll hire a candidate that will last with your company.
Another way in which top executive recruiting firms can help your company is by not only finding candidates with a good skills match but also finding candidates that are diverse in a number of ways. McKinsey’s research shows that gender-diverse companies are 15% more likely to outperform their peers and ethnically-diverse companies are 35% more likely to do the same. In other words, by searching for and recruiting diverse candidates, these search firms can, in a roundabout way, help your company perform better over a long period of time.
And finally, a third way in which top executive recruiting firms can help your company is by serving as consultants on working with younger, millennial candidates, many of whom are used to changing jobs on a regular basis. According to a 2016 Gallup poll, 6 in 10 millennials are open to a new job at any given time, more than any other generation. As a result, it will take a lot of effort to convince them to stay and work with your company, and top executive recruiting firms can consult on the best way to do this.
In conclusion, there are several ways executive recruiting firms can help your company. These ways include: finding candidates with a good skills match for your company, finding diverse candidates, and consulting on the best way to hire millennial candidates to work with your company. This is just a brief overview of what these firms can do however, as they can help companies in a number of useful ways.