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Top 5 Questions Gold Coast Employers Should Ask Before Hiring An Executive Recruiter
Executive Career Advice
August 21st 2020
When hiring for an executive position, finding the right talent for the right leadership roles is often the difference between success or failure. By working with a specialist executive recruitment agency, you can significantly increase your chances of hiring and retaining the best executive candidates the first time. Read on for our top 5 questions every employer should ask before hiring an executive recruiter on the Gold Coast.
How Can You Help Us Attract The Best Talent?
Top executive recruiters have access to an extensive network of industry connections and a vast pool of talent with specialist skills and experience. They’re able to draw on years of knowledge and expertise in the market to attract superior candidates and compel them to want an executive position within your organisation.
What Experience Do You Have In Filling Executive Roles In Our Industry?
When looking to hire an executive recruiter, you need to know if they specialise in the placement of certain types of roles and whether they look after a specific industry sector or whether they hire across multiple industries. They should have a proven track record of sourcing expert leaders in your field and a deep understanding of the skills and attributes required for success. The best executive recruiters in the industry will have a bio that indicates their experience in the placement of executive level positions.
How Much Does It Cost To Hire An Executive Recruiter?
Executive recruitment costs vary between a fixed rate or percentage and can depend on the type of profiling assessments required. The cost for Gold Coast executive recruiters typically ranges between 10-25% of the candidate’s first year salary package. Some recruiters are happy to negotiate a set fee to fill the role. Make sure you also ask whether advertisement costs and any additional profiling assessments requested are included in the rate.
In most cases, the recruitment costs are tax deductible as the candidate is considered an asset to the business, and therefore the cost of hiring the candidate can be claimed.
What Type Of Screening And Assessment Do You Complete?
Aside from resumes and interviewing, quality executive search firms rely on a number of assessment tools to narrow down a shortlist of ideal candidates. These could include psychological assessments, DISC profiling and 360 leadership assessments. Professional recruiters are also experienced in reading and interpreting reports to help find the candidate best suited to your company.
How Do You Reduce The Risk?
Executive recruiters offer a unique objective view of your industry and the key qualities and requirements needed to excel as a leader. They reduce the risk of hiring the wrong person which improves retention and save additional hiring and retraining costs. The best executive recruiters will also back themselves and replace the position for free with no additional cost if the candidate is unsuitable in a specified time period. Often one of the biggest risks organisations face when hiring senior leaders is that they have a limited view from within their own company. Seeking external council from a specialist executive recruiter from beyond their firm, industry and existing networks can only be of benefit.
Jeff Wood Executive Recruitment is the preferred executive recruiter on the Gold Coast. We have over 3000 job-ready executives from Northern NSW to Brisbane who are waiting to excel in executive, senior management and board level roles across various industries. We offer a 6 month full replacement guarantee and are happy to discuss our proven successful recruitment methods and costs based on the tailored recruitment services required. Contact us today for a free consultation.