How Executive Search Firms Match Talent with Needs?

Posted by TC Consulting Asia
3
Aug 16, 2017
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Challenge in locating talent is to be the first to find talent and match right talent with needs. Recruitment firms can do this job better than the employers.

What is challenging for empl
oyers is easy for executive search firms. Where companies take time in finding talent, search agents easily locate talent and also complete the recruitment process. How do they do this in a hassle free manner? Let’s learn how top executive search firms Singapore work.

How Search Agents Find Talent?

It will be too simple to say that the agents had in-depth knowledge of their trade as they need more than knowledge to locate talent. They utilize personal contacts to match talent with needs and find right candidates for their clients. A detailed selection process including interview is followed to select employees. The agents also help employers draft job descriptions in such a manner that the jobs generate interest in the jobseekers.

What is The Best Use of An Executive Search Firm?

Corporate companies rely on executive search firms because they lack the resources needed for finding talent. They don’t have required skills that can find talent in crowd. The best recruitment agency Singapore can recruit from competitors. Breaking employees of competitors seems a distant dream but an experience recruitment agency can take this challenge and also fulfill it in a time bound manner.

Understanding Different Types of Search Firms

Executive search firms can be divided into two broad categories depending on their nature of work.


  • Contingent Recruiters

  • Retained Recruiters


Contingent Recruiter: When a search firm gets paid on completion of a recruitment project, it is called a contingent recruiter. The relationship lasts until the duration of the project. Contingent firms utilize their personal and business contacts to find talents and for this reason employers work with more than one contingent recruiters at a time.

Retained Recruiter: A retained recruiter has a very strong bong with his clients as he works on finding talent for very senior levels. Finance industry need retained recruiters instead of contingent firms. If you study
top executive search firms Singapore, you will find that they all are retained recruiters.

Success of a recruitment project depends on two factors that are draft of the job offered and the recruitment company involved in the project. Today there are firms specializing in recruitment services like IT, finance and management. Also there are websites that work as recruitment platforms for jobseekers and employers. But when you are looking for talent for specific job, you need involving a recruitment agency. There could be no dearth of talent but you need to be first to locate and hire talent before your competitors.

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