It can be argued that the most important asset to a company is not its office building, its computers, or its strategic location, but the employees, the people, who work there. Companies may be bolstered or hindered based on the quality of the workers who are hired at all levels. A motivated, qualified, and agreeable person can quickly become an asset for the company, while an unmotivated, harassed, or poorly-suited person will likely quit. This is especially true for upper management, where employees have a lot of responsibilities. These higher-up workers can cause a lot of damage if they are not qualified for their jobs or if they are unmotivated, or worse, committing white-collar crimes. For this reason, a fine upper manager for the job must be sought out with the utmost care. This work can be outsourced, as in-house talent may not be able to handle performing an executive search. Instead, an executive search firm can be put to use. Just what are executive search firms, and their work? This particular brand of employment agencies can be very helpful.
Talent Acquisition Services
There are good reasons for an employer to hire an executive search firm to look for candidates for a high-level position. As mentioned above, most companies simply do not have the in-house talent to find the right person for a job. In-house HR departments are busy enough with current employees or offering training or orientation for new hires, so the actual hiring work can be done with an executive search firm for higher-up positions. Like other staffing agencies, an executive search firm will act as a middle man between an employer and the general crowd of job seekers. When a higher-up executive manager is being sought, this work is sometimes known as headhunting.
An executive search firm will collect the profiles of various candidates, and use the data on each candidate to match him or her with job openings that would best suit them. A candidate’s work skills, work experience, educational background, awards and certifications, and more will appear on his or her profile, allowing an executive search firm to match them with a job that calls for those items. It should also be noted that staffing agencies, including an executive search firm, will also factor in the candidate’s online presence. That is, the candidate’s online activity on social media will probably be examined, too. Candidates who insult or disparage their previous employers or co-workers, or candidates who post inflammatory material or evidence of criminal behavior, may have a difficult time finding employment. Candidates who boast online about shady behavior or post offensive material may soon hit some walls because of this.
A candidate who is a great match for an executive management position will be matched, and the hiring company may move forward with interviews and the rest of the process. At this point, most companies will be able to use their in-house HR talent to manage the hiring process. And with the assistance of an executive search firm, this new hire is very likely to be the best possible person for the job.
Worker Representation and Motivation
Ultimately, employees are still human beings, and American workplaces and offices are more diverse than ever before. Often, this is a real boon for a company in more ways than one. The upward trend of diversity has been studied, and results show that workplaces who hire many women and ethnic minorities tend to outperform less diverse businesses. It is possible that this demographic diversity gives a workplace access to more viewpoints, ideas, and more. Similarly, women have all-time high rates of representation at the highest levels. As of Q1 2017, 5% of all CEOs in Fortune 500 companies were women for the first time. A total of 27 different women were heading major firms at the time, and this upwards trend might continue into the future.
Meanwhile, managers are urged to keep their employees’ personal goals and needs in mind as well. Workers tend to be more productive, and less liable to quit, if they are motivated, if their personal career goals are being met, and if they get positive affirmation. Compliments and kindness can, in fact, go a long way, even in the office.