To ensure the success of a business, employers have to ensure the presence of right talent in place. The desideratum of senior executives is not only financial augmentation but also to satisfy the psychological and self-recognition needs. This has made it difficult for employers to retain their talent.
The role of the Executive Search firm becomes really important but tremendously challenging to find the befitting candidate for the Clients. Collated are a few obstaclesfaced by Executive Search firms
1. Clients Want to Hire with a Quick Turn-around time but have Ambiguity in their Requirement
2. Clients are too Reluctant to market the role and their Organization which makes the Candidate a Little Apprehensive
3. The Best Candidates Are Reviewing Multiple Offers
4. High Expectations of Candidates
As the companies are becoming Techno savvy, they are also using their internal network and referral programs to reduce their costs of hiring.
