It is a well known fact that most business organizations today need to partner with a good recruitment firm to fulfil their talent needs. However, not many people are aware of the fact that the responsibilities of these firms are not just restricted to helping their clients find the right candidates for various job posts. In fact most of the leading recruitment firms in India shoulder various other responsibilities for their clients. The nature and type of these responsibilities depends on the contract of services that has been established between the two parties involved. Discussed below are some of the key responsibilities that the recruitment firms ought to shoulder for each of their clients.
Play The Role Of A Strategic Partner The recruitment firms should work in close coordination with their clients to establish the best hiring strategies that are in accordance with the changing needs of the organization. In addition, these firms need to offer reliable advice and requisite support to the clients in terms of updating these strategies for ensuring better growth and profitability of the business. The recruitment firms should offer their clients the strategic support for ensuring the expected business achievements. Offer Training Support For New Recruits Most modern business organizations have well designed training programs in place for their new employees. However, in some cases, the new joinees might have special training needs in which case they might seek the help and support of their recruitment partners. The recruitment firms can make use of their extensive networks to provide the necessary help and support to their clients in such times of need. Provide Help And Guidance About Employee Development Employee development is an ongoing process that the business organizations need to invest in to ensure their consistent growth. In fact, the professionals offering leadership consulting services are of the opinion that investing in employee development can help organizations to overcome the challenge of finding the right leadership professionals. It is the responsibility of the recruitment firms to provide the necessary guidance and support to their clients about ensuring proper employee development. These firms can help the client organizations to identify the employees with the promise of great potential and prepare them for handling more responsible positions in the future. Help Resolve Employer- Employee Conflicts Conflicts are a common occurrence within a workplace environment and a professional recruitment firm fulfils it responsibility of resolving such issues between the employers and the employees. The best recruitment firms offer the necessary means to mediate between the parties involved and also provide a feasible solution to the problem. These professionals should possess the knack to hear out the issues without being judgemental and should keep the best interests of both their clients and their employees in mind. They should make every effort to provide a lasting solution to the problem without impacting the overall work environment negatively.
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Millennials are generally known for their impatient behaviour and their tendency to jump from one job to another within a moment’s notice. At the same time, brands and business cannot hope to grow and succeed without the support of the technologically advanced, socially conscious and fiercely competitive millennials. In fact, it would not be wrong to state that not only have the millennials redefined the norms but have also changed the way people perceive their jobs. According to the top executive search consultants, it is the search for job options which satisfy their financial, intellectual and creative needs that leads the young professionals to hop between jobs. Given below are the top mistakes that business organizations make while hiring such professionals, which in turn minimize their retention rates.
Not Providing Detailed Job Descriptions It is not uncommon for the hiring organizations to use heavy vocabulary to impress prospective candidates. But this is done at the cost of providing a detailed account of what the job actually entails. This makes it really difficult and even confusing for the young professional to understand the exact requirements of the job. This can in turn prove to be a great turn off for prospective candidates and may even cost the organization in terms of a wrong hire. Trying To Woo Them With Fat Salaries Unlike the generation Y professionals, money is not the most important factor that attracts millennials towards a job option. While they surely do love fat pay checks, they also seek a wide range other benefits from a prospective job. These include the general work environment within the organization, flexibility of timings, scope of work and diversity of clients as well as the potential opportunities for career growth. For most young professionals a good job option that satisfies all the above needs in addition to providing a great compensation. Using Too Much Of Corporate Jargon Most millennials appreciate recruitment professionals who tend to use simple language to explain the various aspects of a job profile. This not only makes them feel more at home with their prospective employers but also helps them establish a friendly connection with the recruiters. On the other hand, the extensive use of corporate buzzwords and jargon makes the whole recruitment process seem pretentious and hollow to the millennials. At the same time the top recruitment firms in India advice their clients against presenting a “too cool” picture to the young professionals as this might make them doubt the growth potential and sincerity of the company. Not Presenting Enough Challenges To Them The young professionals today, love to feel constantly challenged as they believe that it helps them to grow personally as well as professionally. That is why it is important for the hiring organizations to ensure that the jobs they offer to such professionals present challenge them at various levels. These challenges can be in terms of testing the cognitive, problem-solving, communication and creative skills of the millennials. Lack of such challenges on a regular basis makes the job less interesting for the young professionals. This often leads them to seek other options where they are constantly pushed to the edge for enhanced learning. Hiring an executive firm solves many issues for companies. The reasons why employers choose to hire an executive search firm when the said top job opening is important enough, senior enough and when discretion is at a premium. These three factors create a strong reason for the investment of bringing in a search firm. And it definitely is investment.
Hiring an executive firm is expensive and this amount rises dramatically with the seniority and pay level of the position. Once you start recruiting executives for your C-suite that cost can easily run into the hundreds of thousands of dollars. Usually, the search firm will charge one third of the position’s compensation package in most cases. Incase you wish to reduce the costs and to search for multiple professionals simultaneously, then the cost payable to the executive search firm goes down. Now how do you go about selecting a firm if your company wants to hire a multi-talented and worthy executive? Here are some pointers and information about the top recruitment companies in India : Cornerstone International Group : This reputed company is made up of the ‘crème de la crème’ from premier consulting firms. Cornerstone International Group has strategically placed its offices in major continents viz. Asia-Pacific, USA, Canada, Europe/MEA and Latin America. It offers three business models: multi-office search, boutique search and consortium (network) search of boutique firms wherein, the consortium approach gives the best of both worlds. Any business approaching this ‘star’ in the field of recruiting shall find the best talents out there. ABC Consultants : ABC Consultants is the pioneer of organised recruitment services in India. The annual revenue of the company ranges between 100- 500 crores. ABC consultants believe in building strong relationship with existing clients and 80% of company's business comes from existing customers. Adecco India : Company has provided recruitment to more than 100,000 employees and helped them to achieve their life goals. Adecco India has entered in the Indian market after the acquisition of People One Consulting (a leading Bangalore based company) in a deal of 200 crores. From 2004 onwards, Adecco India has scaled its services and achieved incredible results by providing world class services according to the need of customers. Alliance Recruitment Agency : Alliance Recruitment Agency is an international recruiting, staffing, HR services and placement service provider for overseas and international businesses, start-ups and firms in India. It is a global agency. It is also one of the top recruitment company in Dubai offering all recruitment related services in the Gulf region. Anzy Careers : Comparatively, a new player in the field, Anzy Careers is an HR consulting firm with a major focus on IT and Technology startups. They specialize in executive search, leadership search and resource process outsourcing. This executive search firm helped build teams for high-end technology startups which are doing quite well today. Kelly Services India : Kelly Services is another prominent HR Companies of India. It has its head office in Gurgaon and has annual revenue of USD 5.5 billion. It has presence in all the prominent cities of India and has a talented team of staffing executives that has strong capability of hiring right candidates for the clement. SutraHR : This company has more than 500 clients from different industries. Clients from SutraHR are from Malaysia, Singapore, Middle East, Indonesia, and UK. This company has a talented team of recruiters that has capability to close a position in every 12 hours. Sutra HR has grown 200% times under the leadership of Waqar Azmi and the annual revenue of the company is in the range of $8.6 million. Hewitt Associates : Hewitt associates provide services in different verticals. This company has its presence in 90 countries across the globe and more than 20,000 employees serving in different segments. Several prominent companies across the globe are working with Hewitt to get the right talent of industry. Genius Consultant Ltd : Genius consulting is another prominent HR consulting company of India. This company is an ISO 9001:2008 certified and has been providing ‘Permanent Staffing Solutions’ to the client across the globe. It has seen amazing growth in last 20 years. Talent Mappers : Talent Mappers is a well-known HR company. It has a talented team of 200 employees that provide amazing services to more than 100 clients across the globe. Heidrick & Struggles : This company has centers spanning across North America, Latin America, Europe, Africa, the Middle East and Asia Pacific. Hence, Heidrick & Struggles is a big name in the executive search firm industry. A recent assignment (which involved finding top business executives, best suited to support a firm through tough times) was fulfilled by Heidrick & Struggles with utmost finesse and remarkable perseverance. IKYA Group : Now known as Quess Corp, IKYA is the largest and fastest growing business group in India. It has presence in over 5000 locations. It offers staffing and executive search services across several verticals. Further expanding its operations, the firm is now aiming to acquire two US-based IT companies which are projected to have estimated revenues of about USD 50 million. 3 Leads : 3 Leads is a Bangalore based consulting firm that provide staffing solution to global companies. They specialize in - recruitment solution, staffing, customer satisfaction, application development etc. 3 Leads is counted among top-notch HR companies of India and has with in few years company has become trusted name in HR industry. CareerNet : CareerNet has a head office in Bangalore. This company provides cost-effective staffing solution to clients across the globe. Mainly company has clients from following fields that include FMCG, IT, knowledge services, banking, financial services and insurance. Author- Chaitra Yadavar However, the responsibility of verifying the authenticity of these achievements often lies on the shoulders of the search consultants. That is why the consultants from the top recruitment firms in India prefer profiles that are provided with proof of the various achievements or at least the ways to authenticate them. This makes the task of the search firms less tiring and more result oriented for their clients while also helping them save considerable time in the process of validating the information offered by the candidates. The most common answer they receive to this query is that the firms have access to vast talent pools that they have established over the years. However, with the large number of candidates that form a part of such talent pools, picking the right ones is definitely an uphill task. This challenge is overcome by executive search consultants by looking for specific features in candidate profiles that appeal to them with respect to the job requirements. The most important of these features are discussed in brief as follows.
Profile Features Of Prospective Candidates That Executive Search Firms Find Attractive However, with the changes in the employee expectations, most potential candidates seeking such positions look way beyond just a hefty pay package. In fact, the professionals from the top recruitment firms in India are of the opinion that it is high time for the hiring organizations move beyond this traditional approach of recruiting the best professionals. They recommend an approach wherein the business organizations invest time and effort to understand the expectations of the potential employees in terms of the benefits they expect apart from the salary. According to the leading executive search consultants, a large number of professionals across India are warming up to the idea of getting vacation time with family sponsored by their employers once a year. The consultants believe that by making this small yearly investment, the companies can keep their top level executives motivated and make them feel important.
Looking Beyond The Salary – Benefits Expected By Executive Level Candidates From Hiring Organizations Executive search is a specific type of employment, aimed at gaining leading executive and senior management talent to a company. It also includes the employment of extremely trained and in-demand applicants for specific technical positions.
Executive search forms a vital procedure in the development of a company. People are the centre of any company and losing out on senior skills, or experienced industry professionals, especially to key opponents, can create an important drawback. Finding and obtaining skilled applicants in a competitive market can be a trial, which is why businesses often bring in executive search companies to ensure the best possible hiring outcomes. The role of Executive Search Consultants is often misinterpreted. We’ve put this guide together to demonstrate what executive search truly means and our strategy to getting customers the results they are entitled to. Why Is Executive Search Important To Your Business? Due to the critical nature of the positions which executive search companies are trying to complete, their employment results can have a huge effect on companies. A good hire can launch a company forward, creating improved performance against immediate or yearly objectives and setting more efficient strategies for a long-term sustainability and growth. A bad hire can increase issues, cause business, and limit the potential development of a business. If you are in a company, you are in the market of individuals. Your workers will be the interpreting factor in what you can achieve, so making sure that you do all you can to find the best skills is something that every board should have the forefront of its agenda. Executive recruiters are the experienced professionals who identify and place the best professionals and complete an essential position in your management team. Executive search can be performed internal as well by the human resource department but the best executive search companies are ultimately more effective and efficient. With their extensive network contacts and objectivity, executive search companies are experts in value adding to the top control over a company. Working With Professional Recruiters Whenever you work with a search firm or staffing company, an honest, open approach is key to long-lasting success. Candidates should view hiring companies as career partners and build powerful relationships with the personal recruiters. Strong agency recruiters have a wealth of details about individual hiring managers and start jobs that can give you the leg up over a regular candidate coming in through the web. Filling up an executive rank is a process and companies with the open executive positions are insecure. The Top Recruitment Firms in India maintain tight privacy and executive search consultants value the extremely delicate details during the employment procedure. These details kept private protects the management against the competitors, employees and stakeholders of the company. A Global System Of Contacts Hiring a top-notch executive talent is a constant process and the limited contacts of the internal human resource department cannot be compared with the wide network of the executive search firms. The best applicants appreciate the privacy and the professional approach of a third party. Hiring superior professionals is a complex procedure and are best performed by the firms with a wide network of contacts. Objectivity And Reviews To Management Executive hiring is a time-consuming and a delicate procedure. The executive hiring firms help the customers to evaluate their objectives, business structure and determine the more realistic profile and compensation for the place. Best executive search consultants provide objective reviews and the advice to their potential customers. Recruitment companies are expert in research and referrals checking, therefore, the experts can obtain important details as well from the reluctant reference providers as well. Guidelines To Help Business Organizations Develop The Right Relationship With Executive Search Firms6/26/2018 It is a common perception that outsourcing the recruitment process to an executive search firms relieves the business organizations of the extremely stressful and time consuming task of hiring the right candidates for various job positions. While this is true to a great extent, business organizations still have a major role to play for ensuring the successful working of such firms as per their needs and expectations. In fact, having hired the services of a recruitment company or executive search consultants is just the first step in the direction of making the most beneficial hiring decisions. Establish a strong and positive relation with these forms and consultants in the key to getting the desired talent and reaping the benefits of their knowledge and expertise.
Need To Develop The Right Relationship Most business organizations share a mutually beneficial relationship with their executive search firms. It is important for the companies to understand that they are as important for the substance of these firms as the firms are for their own growth. In such situations, developing a strong a positive relationship with the firms is likely to prove more beneficial in the long run than just maintaining a casual professional link. As the business grows thanks to the high quality candidates recommended by the recruitment firms, the companies can repay them by recommending their services to other potential clients. Most importantly the experts and consultants recruited by the firm can provide reliable advice and guidance to business executives within the client organization about various aspects of management, leadership and other such professional aspects. Steps To Be Taken For Developing The Right Relationship Having understood the need to develop the right relationship with their executive search firms, it is important for the business organizations to take the necessary steps to ensure the same. On their part, most top recruitment firms in India work consciously towards developing a strong bond with their clients. Discussed below are the key steps that client organizations can take to reciprocate this gesture of the recruitment firms. Focus On Developing Search Relationships Business organization should start working on developing good relationships with a handful of search firms long before they need to hire their services. It is advisable to call up and meet search consultants even when the organizations are not really looking for new candidates to take up new job positions. Such informal meetings help in strengthening the bonds with the search firms which are quite strong by the time the need to hire their services actually arises. Display A Sense Of Trust And Reliability While it is important to choose the right search firms for finding and recruiting the best candidates, it is extremely important for the business organizations to assure them of their complete trust and reliability. This can be done by being completely honest with the search consultants about the needs and expectation related to the potential candidates. At the same time the business organizations should not question the candidate short-listing process or their credibility for interviewing potential job seekers, unless the candidates being supplied are truly worthless. Provide Complete And Unconditional Support In order to establish a strong relationship with the search consultants, it is important for the business organizations to provide them complete and unconditional support. The consultants should be provided with complete details about the job profile and the responsibilities associated with it. In addition the business organizations should not overlook any suggestions or advice offered by the consultants. In case the organizations are not convinced about any specific suggestion or advice, they should communicate with the consultant about the same rather than choosing to ignore it completely. Effective communication is the key to ensuring a strong and lasting relationship between the company and the recruitment firm. Good recruitment results from a great partnership between the recruitment firms and the client organizations. Most business organizations choose to hire the services of the executive search consultants from the most renowned search firms in India. These consultants help the client organizations in attracting, interviewing and hiring the right candidates for various job posts. Many top recruitment firms in India might also make use of various selection assessment tools that have been benchmarked according to the specific criteria established by the client organizations.
READ Full Blog Here :::: The Various Phases Of Hiring Process Followed By Top Recruitment Firms In India The executive search firm is the term used for determining a hiring or placement firm that does an active search and in most cases has a few advisor workers. Looking may be done by an organization's board of administrators, by executives in the firm, or by an outside executive search firm.
So what exactly does an experienced search firm do? Generally, they poach and discover the right high flying executives for the right tasks around the world. This appears to be a lot easier than it actually is, because there are a lot of discussions that you will need to perform, both with the staff member and firm. This implies that the day can be taken up by interview after interview. But before the discussions can begin you will first need to discover the right person for the job. Here is a look at a day in the life of an experienced search firm. An Early Morning Start Almost in the morning will begin with a morning conference where the whole team will talk about new opportunities, empty roles, leads, work deadlines and exactly who needs to be approached and followed up on. The morning conference will give you direction about what must be done for that day. After the morning conference, Executive Search Consultants will most likely spend the remaining day making phone calls to prospective customers and workers, as well as organizing conferences and interviews. An early start will give you more time and make the day productive comparatively. You will not regret how the day went by. Interviews with executives will take up many of your days, as they normally have plenty of questions about the prospective job that you are offering them. On regular one, the meeting will take about an hour of your time. You will also need to have telephonic interviews with business from other countries that are interested in ob offers in your area. Therefore an extremely professional telephone manner is essential to keep and produce new clients. Matching People With Their Jobs Correctly A big aspect of your task will also base around producing new customers and workers. You would be expected to phone companies and employees to be able to organize conferences and notify people of why they should make use of your firm and what the benefits for them would be. In to achieve this, you will need to have remarkable manners along with an experienced and confident picture. At times, the mistakes people make is forcing people to get into jobs that may not be appropriate for the candidate. This only makes you meet your target but in the long run, you may not be able to fetch more candidates. Paperwork, Stuffing and Doing Plenty of Administration Work The regular day of an executive search consultant will also contain much different paperwork. Working with thousands of individuals each day signifies that you will need to have excellent business abilities to be able to keep clear specific information on all your prospective customers. You will also need to write advertisements for vacant job roles that will be placed in magazines and online platforms that will help to produce new customers and workers. Top Recruitment Firms In India brings to the field a unique and successful approach to executive search. So if you choose to utilize an experienced search firm in India it will be an excellent decision and you can be confident that they will provide excellent service to you. When a recruitment firm is rated top, you must know that they are top in the truest form. What You Must Disclose To The Leading Recruitment Firms In India For Effective Recruitment?9/23/2017 As the business grows, it becomes tough for the organisation to keep up with the task of attracting, recruiting, managing and hiring of the new employees particularly those who can act as a game changer for the organisation. The growing companies invest heavily in the sales, marketing and product development department and this is when the leading recruitment firms in India act as a strong and reliable ally.
The top recruitment firms in India can help in attracting the key talent for your organisation. But, before you hire a recruitment firm to find the next talented hire for your organisation, make sure the below mentioned foundational pieces are in place:
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AuthorCornerstone India is a leading player in CXO Search, Board Search for Independent Directors and Leadership Advisory services. Archives
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