Competitive Strategies Employed By Executive Search Firms In Candidate Market For Recruitment

The task of attracting the top candidate becomes even difficult for the top executive search firms in Shanghai when it is a candidate driven market. When the available jobs and positions outnumber the qualified candidates, a candidate driven market sets in.

In the candidate market, instead of candidates competing with one another for a particular job position, the employers are seen doing their best to attract and retain the top talent. This has created a major shift in the way the top executive search firms in Asia or any other continent works towards adopting different competitive recruitment strategies and new solutions for sourcing, attracting as well as recruiting new talent.

Here are certain competitive strategies adopted by top executive search firms in Hong Kong for the purpose of attracting top talent in candidate market:

· Identifying And Highlighting The USP Of The Client Organization

The executive search firms are approaching recruitment with the mindset of marketing and reinforcing the brand of the client organization during the hiring process. The factors which set the organization apart from the others present in the industry such as training opportunities, flexible schedule for working, congenial work environment, and advancement in career are some of the factors highlighted at the time of recruitment by the executive recruiters. This help in hiring the employees who are best fit for the job position and the company’s work culture.

· Communication With The Existing Employees

Before designing the job description for the current job position, the executive search companies often hold meeting with the current employees of the client organization to understand and identify the reasons that helped these employees remain attracted to the organization and why they stayed with the organization for long.

· Improve The Candidate Experience

The candidate experience is one of the determining factors of recruitment in the candidate market. The entire process of hiring right from making application to getting hired, each and everything should be smooth. The process of hiring which is time consuming and exhaustive is often rejected by the candidates at the very start. This is the reason the executive search firms make sure that none of the candidates face any hardship at the time of making application for a particular job position.

On the closing thoughts, the executive recruiter helps the organization become more competitive in the candidate market. They have a pool of active job seekers as well as passive candidates and are thus able to fill the job position from their wide array of talent pool on a real time basis.