Executive recruiting, also known as C-Suite recruiting, is quite different than your average hiring process. Finding and hiring candidates to fill top-level positions in a company is an intense and high-stakes endeavor. There are different challenges when recruiting high-level candidates, but our staffing experts at Nova Staffing have some great tips to help businesses navigate executive recruiting!
Challenge 1: Increased Competition
Every business wants the best talent in executive-level positions. Any quality C-level candidate probably has multiple companies after them, so you should be ready to go to battle to win them over. Executive candidates know they’re in high demand and can choose where they want to work and under what conditions, which means your offer will have to woo them.
Challenge 2: Power Shift
Typically, when you hire candidates, the recruiter and company hold more of the power. After all, they’re the ones with the job. When it comes to executive recruiting, though, that power shifts. Companies may have a job to offer, but executives have the talent and experience you’re after. Just know you don’t hold all the cards when it comes to executive recruiting. Be ready to negotiate and make compromises.
Challenge 3: Passive Candidates
Many senior executives are what we call passive candidates, which means that they are already employed and are not actively looking for a new job. However, that doesn’t mean that they’re not opening to a new and better career opportunity. One survey found that 97% of senior candidates want to be “found” or “approached” by headhunters for positions, so if you’re looking to fill top-level positions, be ready to reach out to them.
Challenge 4: Right Fit
Experience and skills aren’t the only things you should be looking at when hiring executives. Finding a candidate that fits within the company culture is just as important. Hiring someone whose leadership style doesn’t fit your company’s culture or who doesn’t understand your industry can be a costly mistake. Trying to figure out whether an executive will be a good fit before hiring them can be challenging, but take a look at how they lead in their past positions and see whether that would work within your company.
Is your company looking for executive recruiting help or staffing solutions for lower-level positions? Nova Staffing is here to help! Our team has over 200 years of industry experience and is one of the best employment agencies in the GTA. Contact us today to get started.