So, you're thinking about hiring a headhunter? 2023 is quickly approaching, and with it comes an influx of new talent management tools and strategies. But how do you know if a headhunter is the right solution for your business? And more importantly, what can you expect from working with one?
This post will answer all your questions and help you decide if a headhunter is the right choice for your company. Read on to learn everything you need to know!
What is a Headhunter?
If you are a relatively new business and are considering using the services of a headhunter, you are probably curious as to what exactly a headhunter is and what they do. First, headhunters provide a specific type of recruitment service for employers. They either approach employees who are already employed by a company or they reach out to their existing network.
If you are looking for a highly skilled employee, headhunters like InHunt World are your go-to. If you have been struggling to find an employee for a very specific skilled role, you should use the services of headhunters.
How are They Different from Recruiters?
At this point, you probably think that a headhunter sounds very similar to a recruiter, and you would be right. However, headhunters and recruiters differ quite substantially. When it comes to recruiters, they will post an advertisement for which almost anyone can apply for. Depending on the recruitment agency, either they will go through all those applications or you will, but it will be time-consuming either way.
Headhunters, on the other hand, don’t post any advertisements. Instead, they will actively search for potential candidates that will be a perfect fit for the current role for which you are looking for an employee.
Another big difference between recruiters and headhunters is the fact that recruiters will be looking for candidates looking for a job. In contrast, headhunters will do that but also approach currently employed potential candidates.
Benefits of Using a Headhunter
Now that you have a better idea of what a headhunter is and what they do, you’re probably curious to find out the benefits of using a headhunter. The first benefit of using a headhunter is that you will be able to find a highly talented employee for your role in a relatively short amount of time.
Another benefit of using a headhunter is that you will have access to high-level candidates, and you’ll have the peace of mind of knowing that whoever the headhunter does approach will be a perfect fit for the job.
Finally, the last benefit of using a headhunter on this list is that you will have access to a much wider pool of talent. As mentioned above, recruiters and recruitment agencies will post an advertisement to which people looking for a job will reply. However, in addition to their talent pool, headhunters will also approach people who are already employed.
How Are They Paid?
One of the most common questions when employing a headhunter is, “how are headhunters paid?” As it so happens, the way head hunters are paid is actually a benefit within itself. Headhunters typically work on a commission-based fee of around 20 to 30% of the first year’s salary of the new hire.
In other words, you won’t have to pay for the services of a headhunter unless they find the perfect candidate for the job, which isn’t until the contract is drawn up and the perfect candidate is hired by your company.
When to Use a Headhunter
Finally, the last question many people ask when using the services of a headhunter is when to use a headhunter. One of the common situations where people use headhunting services is when they are looking to make a discrete hire.
Another common situation where headhunting services are used is when your in-house recruiters need help finding the perfect candidate for the role. Another situation could be if you have been looking for a candidate for a while and haven’t been able to find anyone. The most common situation in which a headhunter is used is when you are looking for someone to fill a highly skilled role.
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