Retained Executive Search Process You Must Know

Retained Executive search process is a specialized process of recruitment which is used for sourcing the candidates for top executive and management positions in the organisation by tapping the passive candidates.

If you are also wondering how the best executive search firms in Canada executes the executive search process, here is a detailed step by step process.

·         Research About The Client Organisation

Before beginning the executive search process, the global executive search firms in Canada aims at understanding the culture of the client organisation, the leadership style of the present top management, the requirements of the specific role for which search needs to be done and the growth opportunities available in the current role for the purpose of identifying the best fit for the organisation. It is important to capture the size, scale and complexities around the role, reporting relationships, success factors, expectated results in next 3 years etc. This is usually done by organising a meeting with the client.

 

·         Preparation Of Job Description

The executive search firm, then prepares a compelling job description after making a deep and thorough market analysis. Details such as role information, responsibilities, key growth opportunities, educational requirements and hiring client organisation are present in the job description.

 

·         Executive Search Strategy

At this stage, the top 10 leadership hiring firms in Canada indulges in deeper analysis of the job market and list key industries and companies for tapping the potential candidates. The various research tools and database are prepared and made handy for initiating the executive search. The social networks and other contacts are activated for the purpose of making hiring.

·         Candidate Identification

The list of potential candidate is prepared and then shortlisted by mapping the names against the required skills and experience.

 

·         Career Dialogue With The Candidate

Since the hiring is of passive candidates who are already employed elsewhere, the executive recruiters opens career dialogues with such candidates and start selling the client's organisation by emphasizing on the growth plans and the opportunities available in this job role. This is followed by assessment for job fit .This way the candidates are shortlisted and presented to client with complete dossier including assessment..

 

·         Interview And Job Offer

The interview process with client is facilitated by the search firms.Once the client shortlists the candidate profiles the search firm then starts the process of reference checks and also supports in compensation negotiation, if required. Here, basically the search firm acts as a search partner and ensures that the selected candidate is best fit and accepts the offer made by the client organisation.

 

·         Joining And Onboarding Of The Candidate

The executive search firm provides support for the introduction of the selected candidate in the new set up. The entire process of joining as well as orientation of the candidate is done under close supervision of the client organisation and the executive recruiter.