Large companies and corporations cannot be without key managers for any length of time. Competition is fierce, production schedules have to continue, and developing projects need to move forward. To expedite the process of finding key personnel, they utilize Management recruiters to fill vacant positions. Databases are filled with potential candidates for many positions, so a new search may not have to be conducted. The agency will review candidates and select those that fit the qualifications, expectations, future goals, and the culture of business. They also eliminate candidates via initial interviews and present a short list to the business. That saves time and resources because the remaining executives only have to do a few interviews instead of many.
Recruiting agencies also save businesses money. The support staff hours, advertising costs, and background checks for hundreds of applicants will get expensive quickly. It may also require overtime costs or the added expenditure of temporary employees to help with the task. Undertaking a project of that magnitude is often beyond the capacities of average human resource departments. They are not equipped to handle the job because it is not something that happens frequently. That means hiring a consultant to help develop questions, evaluate qualifications, and determine criteria is probably a good idea. Businesses that filled the last management position using in-house resources can compare the total costs with a quote from a recruiting agency to determine how much money can be saved in the future.
Another reason to use a recruiting agency is to benefit from their expertise in devising an attractive compensation package. Recruiters know what other businesses are offering the most experienced managers as well as benefit trends in the industry. Salary and insurance coverage is usually only the beginning. Bonuses, company cars, trips, expense accounts, career advancement opportunities, and creative control over departments and projects are other ways to compensate top level managers.
Recruiters will not disclose specifics from one business to the other but will provide advice and recommendations for packages based on what they have experienced. There is probably nowhere else to get that type of information. Do not lose a perfect candidate over an affordable perk that is being offered by a competitor.