5 Steps Of An Effective Executive Search Recruitment Process

Executive search recruitment poses a problem for many business owners. They turn to HR professionals like yourself to find the best candidates to fill their top-level positions. Unfortunately, HR professionals often have difficulty completing this task without a straightforward plan to implement. Those who put together a process full of optimal strategies find the best candidates for companies’ open executive positions. Continue reading to learn the steps of an effective executive search recruitment process.

Define Search Priorities

To begin your executive search recruitment process, define your search priorities. You need to choose the top requirements for your search. To do so, consult with the business owner you are working for. After all, the requirements will revolve around the type of position they are trying to fill. Also inquire about the specific qualities they seek from a candidate. Use this information to create a timeline that includes each requirement. Popular requirements include skills, abilities and knowledge. Complete your timeline by asking the business owner about the top challenges of the position. This is the best way to kick-start your executive search recruitment process.

Build A Search Strategy

After you create a timeline, use it to build a search strategy for your executive search recruitment process. To create an effective strategy, research the market and consider job applicant tracking. Write a list of top-notch resources for discovering the most talented senior level candidates. Gain access to relevant databases, completed market analysis and advantageous social networks. In addition to these tools, request network access from the business owner who hired you. With these sources, you will be able to build a search strategy that works. Once you have it, implement it to continue your executive search recruitment process.

Interview Candidates

When you start finding qualified candidates, begin the interview step of your executive search recruitment process. To begin this step, start calling candidates. Keep the qualifications established in the first step of the process in mind. Use them to rate candidates. Save contact information from calls that go well so you can move forward with follow up calls. This process narrows down your list of prospective candidates. When you get to a list with a maximum of ten prospective hires on it, review it carefully. Shorten the list based on the requirements established in the beginning of the executive search recruitment process. After, conduct in-person interviews. Ask your client if they would like to sit in or conduct them themselves. After all, this is a critical step in the recruitment process.

Determine An Offer

Also, a critical step in the executive search recruitment process is determining an offer. This step should only occur once your business owner client decides on a candidate. Work with your client to make an appropriate offer. Then, use your market research and the candidate’s past experience to determine a reasonable salary. Keep the candidate’s wants and needs in mind to avoid losing them to other companies. Highlight employee benefits to persuade candidates to join your client’s team. Additionally, consider the company’s budget to refrain from sending their business into a financial downfall. Once you determine an offer, provide it to the executive position candidate.

Oboard New Hire

Finally, the last step of the executive search recruitment process takes place only if the candidate accepts the offer. In such an instance, begin the onboarding process for your new hire. Speak with your client about contract specifications. Teach them how to write a contract. Advise them to supply new hires with paperwork digitally. Assist them in choosing a reliable digital contract management service. The best software systems expedite the onboarding process, saving both new hires and business owners valuable time. The must-have features includes document download and electronic signature options. With these features, your clients can avoid legal disputes and begin working with their new executive hire immediately.

If you want to solve executive search recruitment issues for your clients, you need to follow the most effective steps. Firstly, define your client’s search priorities by inquiring about the main requirements for the position. Then, build a search strategy based on the requirements determined in the first step. Conduct a relatively normal interview process beginning with phone interviews and ending with in-person ones. If your client wants to hire one of the candidates you found, work with them to determine a fair offer. Finally, move forward with the onboarding process and focus on contract management. Follow these steps for a quality executive search recruitment process.