Need to hire the perfect candidate for a senior level position in your organization? Having trouble hunting down the right people? Finding the process extremely time-consuming?
These are the signs that tell you it is time to outsource your executive search!
For those who are unsure, ‘executive’ search or ‘head hunting’ as it was commonly known is a dedicated recruitment service provided by HR recruitment consultants for hiring of the mid-level and top level candidates ie Managers, CEOs, CFOs etc.
We at Primehr know that each business works differently and has its own unique set of challenges and needs within the HR function. What sets us apart from the other outsourcing service providers is the unique way in which we will help you to source the right candidate. Once you collaborate with us, you will realize that sourcing the perfect employee has never been so easy!
There are many reasons to support the idea that executive research should be outsourced!
Here are a few reasons why you should outsource your executive search & recruitment function with Prime HR:
1. Finding a needle in the haystack
The risk of hiring an employee with the incorrect skillsets, the wrong qualification and/or accepting someone with a half decent looking experience history could simply complicate things. Having said this, the process for search and recruitment is not an easy task and can leave the recruiter slightly bewildered. More often than not, HR departments don’t have enough resources to find the right candidate. You may be excited that you have received 200 plus applications from your job posting and this may seem like a blessing at first. However after sifting and filtering through those CVs, you may realize they are nothing but “noise” and do not match your specific needs. Working with Primehr means that you are connected through us, not just to those active job seekers that are looking for a better opportunity but also candidates that are the passive and not looking actively. You need an opportunity marketeer to get their attention. High performing “A grade” candidates are out there but are more than likely unaware that good opportunities, with great companies like yours’ are hunting for candidates like them. This is how we can help you by connecting the right candidate with the awesome opportunity that you offer. In return, what you get is a “search partner” who are actively searching for the best talent, engaging them and then bringing to you a multiple of candidates to choose from.
2. High rate of employee turnover
Excessive labor turnover refers to the rate at which employees leave the organization during the year.
A high rate of turnover arises due to many reasons, a few of which are that the candidate your HR team hired was (at the end of the day) an unsuitable candidate for the job. Perhaps the expectations from both the company and the candidate were never met satisfactorily. Perhaps a decision had to be made as time was short and he/she was the best candidate available from the small “pool” at hand at that time. These causes have a counter effect on your business as your HR team end up going through the orientation and induction process, training, developing and creating the paperwork etc. only to realize a few months down the line that either he/she is not happy with the work environment or the mindset that the candidate possesses does not fit in with the culture in your company, perhaps the candidate does not possess the aptitude to perform the job as required from that position. This leads to your HR team revisiting the lengthy, arduous recruitment process.
Using the outsourcing model will lead to hiring of the right candidate from the word go. We try to place candidates with talent development in the mind. It’s not just about finding the right candidate who will grow the business. It’s also about the finding the right employee who will grow “with” your business. Every candidate is looked at with the viewpoint of not only their present success, the in depth evaluation of their past success but also the chance of future success within your establishment. Getting the recruitment process right leads to rapidly reduced rate of employee turnover, along with a peace of mind for the HR department who can then get on with the task of developing their staff and making their staff feel valued.
3. Knocking on the doors of the right candidate
The company or the HR team within the company sometimes lacks the resources such as pool size or talent diversity. They may not have the extensive reach or have a large database of candidates (past and present) to be able to source the right candidate and thereby recruit more effectively. Time is a huge factor. By the time you have filtered thought the minefield of CVs received, you then have to go through the screening, interview and testing process. This is, just another great reason why many companies rely on executive search partners like Primehr to find them the best suited employee for their company. We take away these labor intensive and time consuming tasks off your hands, leaving you “hassle-free” to focus on what your teams and your business does best.
4. Use a cost effective sourcing strategy
Organizations are always looking to find ways to reduce costs. Companies should know that cost cutting can be done by not wasting resources and time to implement the entire recruitment process. Instead, outsourcing is more profitable option for the company as it saves time and energy. The recruitment process is incredibly tedious, lengthy, complicated, time consuming and has several stages that comes at a huge cost to the company. Outsourcing firms help companies to fill the vacancy with the best possible candidate at a fraction of the cost it would take for your company’s HR team to hire the right candidate.
5. What sets Primehr apart from other service providers?
We at Primehr, take time out to perform extensive research and collecting data using tools such as Industry Mapping. Industry mapping is a tool used to obtain market and industry intelligence. In this way we identify any skills gap, obtain in-depth analysis of the availability and quality of talent out there. In return what you get are outstanding executives that best suit your needs. This is a time consuming and labour intensive process. Some things can’t be done in a day. So when you come to us, you know that we have done our research thoroughly.
Outsourcing your executive search function is a great idea for all the reasons mentioned above. It is being used by many organizations all over the world. Awareness is growing in Pakistan rapidly with the majority of multinationals, banking sector and local industry. If companies want to survive and stay ahead of the game, it has become necessary for the firms to revolutionize their working methods in order to survive the cut-throat competition.
Having been established in the Outsourcing market for the last 10 years in Pakistan, our clients have come to trust us with their senior level position assignments and we are consistently sourcing and placing the right candidates to fill the senior/high level positions such CEOs, CFOs, CIO etc. on behalf of our clients.
Follow us on Linkedin, Facebook or through our website at www.primehr.com.pk. If you have any questions about executive search services and are looking for a recruitment solution, please feel free to connect with us at firstname.lastname@example.org.
The writer is the Head of Business Development & Marketing at Primehr.