In any typical recruitment process, the employer simply posts a job advertisement that entices aspiring employees to apply. What about the vacant executive level or high-paying roles in Israeli companies? Do they follow this traditional scheme?
Jobs that demand high-skilled individuals require specialized methods of hiring. Often called executive search, this type of recruitment attracts senior management talent. Here is a quick look into this hiring process.
Kind of jobs in executive search Israel?
Executive search, also known as headhunting, fills in C-level and Boardroom positions with the best candidate for the role. It’s a meticulous way of scouting, attracting, and recruiting senior executives, even if they are not actively seeking the position.
An executive search firm matches employer to employee, not only because they fit the job description. The headhunter takes it a notch further by finding candidates who identify with the company culture and philosophy.
How does it work?
A specialized recruitment process involves partnering with a third-party agency that can expertly locate worthy senior talents. Rather than a job posting, the headhunting team implements a research-led tactic. That means they go through several stages of interviews, background checks, and screening to shortlist the best of the best.
In most cases, these firms use various sources to find worthy individuals. They can use referrals, networking events, or a private database that includes contacts from across the globe.
Employers pay an upfront retainer fee for the headhunter carrying out the search. Afterwards, they typically receive a commission that's about 20-30% of the new hire's salary for the first year.
Final thoughts
An executive search helps companies and organizations secure the most suitable senior management talent for the position. Hiring headhunters can add more credibility to the company, given the efficiency and professionalism of these experts. They hold the key to growing and evolving the business!
