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High-end executive search firms are paid to find senior executives for companies. Traditionally, retained search firms are engaged with a retainer (often $100,000 or more) and receive 33% of the ‘all-in’ compensation (salary + bonus). The retainer counts against the final fee, which means if you find someone you, pay $100,000 less than 33% of the total compensation.http://joinshortlist.weebly.com/blog/-retained-executive-search-firms
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According to the data shared by the leading recruitment firms in China, most international executives are enticed by the phenomenal economic growth of China. In an attempt to rapidly overtake the established automotive firms from across the globe, Chinese automobile manufacturers are better incentives and growth opportunities to the right candidates. The rising executive talent has a greater scope for growth while working for Chinese companies as compared to being employed with Western manufacturers.
Every search firm has a different way of searching for candidates, but the best executive search firms in India always follow a planned 10-step basic executive search process.
Partnering with the best executive search firms in India is a wise decision, but in order to reap the best benefits,it is important to follow some basic rules; some of which are mentioned in this blog.
Just like you want to create a reputed brand for your business, you also wish to have the same reputation of the top executive search firms in India you want to partner with, to help you hire the right candidates for your company.
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If you’re able to see only the downside of upfront investment when employing from top retained executive search firms in India, you’re making a mistake, because retained search firms can bring you benefits like none other!
Hiring one of the top retained executive search firms in India can definitely prove to be expensive, but it is equally profitable, especially when you experience certain warning signs for your business!
When hiring one of the best executive search firms in India, it is important that you find one who can handle the task of finding the right candidate for your company, while understanding your culture and future goals.
The company must be viewed as a preferred employer to work with. When the company hires retained executive consultants for identifying and recruiting talented employees in the organisation, the consultant's approach as well as response to the job market can make or break the brand. The consultants represent the reputation of the employer in the market when it hunts employees for it. The executive search firm should be such that it reinforces the image of the company instead of bringing bad name to it. Hence, it becomes vital to carefully examine before hiring any headhunting company for the organisation. Here are the key aspects, you must consider:
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