Are you thinking of hiring an executive employee for your small business?
Executive employees and small businesses aren’t often mentioned in the same breath, which means your company is doing well. Whether you’re looking to fill the position of chief executive officer, chief finance officer, chief technology officer, or any other C-suite role, one thing is clear: you want to hire the best talent.
Yet, executive recruitment is no walk in the park. You may have plenty of experience hiring junior employees, but when it comes to executive positions, the stakes are higher. This is why it’s advisable to seek the help of an executive recruitment agency.
In this article, we’re telling you how you’ll benefit from working with executive recruiters.
Get the Right Executive Hire
There’s no room for trial and error in the executive recruitment process. A bad executive hire will cost your small firm a whopping $2.7 million.
Like most small businesses, your business will struggle to afford this amount. The good news is you don’t have to risk losing it in the first place. All you need to do is hire an executive search firm and let them do the job.
An executive recruiter operates with a high level of success. They not only have access to an extensive database of candidates but also know what it takes to find the right employee for your company.
Using an executive recruiter doesn’t just save you money. It also saves you time.
If you were to conduct the recruitment internally, you’d likely spend several weeks or months finding the right hire.
Discretion and Confidentiality
Generally, hiring employees is a public process. Perhaps you often place a “we are hiring” sign on your premises. You probably also advertise open positions on your website and social media pages.
However, when it comes to executive recruitment, you might want to go about the process with discretion and confidentiality. Maybe you’re looking to replace an executive who’s underperforming in your organization, so you wouldn’t want them to know about your plans lest they take legal action or even resign abruptly.
Or perhaps you’re eyeing an executive who’s already employed in another organization, and you don’t want the employer to know, lest they become suspicious and offer the employee a sweeter deal.
When secrecy is your goal, work with an executive recruitment firm. This eliminates the need to advertise the position internally or publicly.
Build an On-Going Relationship with an Executive Recruitment Firm
Once you start hiring C-level employees, you aren’t going to stop. There are many C-suite positions to fill.
Using an executive recruitment firm to make your first executive hire enables your business to build a relationship with the firm. Gradually, the firm will develop a deep understanding of your organization, its culture, and the workplace environment. This will make it easier for them to find you the right executive employees quickly and efficiently when needed.
Using an Executive Recruiter Pays Off
If you have been on the fence about using an executive recruitment firm, it’s time to cross over and embrace their services. From getting the right executive employees to enjoying a discrete hiring process, your small business stands to benefit.
Keep tabs on our blog for more small business tips and advice.