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5 Reasons Why Headhunting Will Benefit You. Divya - Docx Final PDF
5 Reasons Why Headhunting Will Benefit You. Divya - Docx Final PDF
Have you ever felt that your company could churn out much better results if you had the right
team?
Finding the right people is a challenge. Most managers have experienced that frustration. Even if
the company has the financial capacity and technology, without the right people, you cannot
compete in the market.
Recruitment is the traditional way of finding people. Advertise the job, shortlist the eligible
candidates, conduct the interviews and select the best applicant.
There is one problem, though. All applicants you receive through an advertised search are active
job seekers.
Good candidates, who are not actively searching for a job, are unlikely to read the job
advertisements. They are called the passive job seekers. It takes some determined effort to reach
out to the passive job seekers and persuade them to consider the job opportunity.
In other words, to attract the best talent, you need to widen the net and reach out to both active
and passive job seekers. That is what headhunters do.
Remember, it is not just a hire. It’s all about the right hire.
Benefits of Headhunting
The benefits of headhunting are several. Conceptually, headhunting creates economic value by
promoting efficient resource allocation that benefits both the company and the candidates.
1. Headhunters conduct research and update their database: Professional firms scan
the market and update their database of candidates and companies regularly. They study
the Executive Watch Section of the newspapers carefully. When a client needs a dynamic
CEO or head of a function, the firm does a targeted search to find the right person.
4. Headhunting works well if the talent base is shallow: When the qualified candidates
are very few in the market, advertisements do not work. Those who are not seeking a job
are unlikely to go through job advertisements. Even if they see the advertisements, they
may not apply. The headhunters reach out to such candidates and check out their
interest in the job.
Even as a professional firm is engaged on the task, the company also has a role in successful
headhunting. A crucial factor that influences a candidate to consider or reject an opportunity is
the employer brand. The role design, competitive pay, career development opportunities, and the
organizational culture are elements of the employer brand.
Recruitment is an activity most companies perform. But companies are not designed for
headhunting. It takes too much resources and effort to do it internally. Besides, companies want
to pursue a competitor-friendly approach by not poaching employees from each other directly.
Therefore, a professional headhunting firm is the best choice. However, you must make sure that
headhunting firm has the requisite capabilities.