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Executive Search Companies

Aug 17, 2007
Companies in Asia, ranging from hi-tech companies to medium and small companies, nowadays face great difficulty in recruiting suitable personnel for their firms. In other words, although most sophisticated techniques are available now in Asian companies, recruiting key staff according to the nature of company's goals has now become a challenging task.

A multitude of measures are now adopted to recruit suitable employees for your firm, of which one of the prominent options is hiring the service of an executive search company

An executive search company enables to overcome disadvantages arising from a company conducting its search of its own, such as inability to maintain confidentiality of the search, limited capabilities on networking and database, and limitations on time frame and industrial coverage.

Executive search companies in Asia offer a host of services to firms from multinational companies and large local corporations to medium and small entrepreneurial companies, in order to recruit and appoint competent candidates, both Asian and expatriate, based on the nature of company's goals. In a snap shot, these companies render effective recruitment solutions for companies requiring personnel at management level.

Services are offered to companies engaged in almost all types of businesses such as IT and telecommunication, manufacturing, finance and banking sectors, healthcare, retail business and consumer goods, automotive, aviation, entertainment and media, energy and natural resources, and legal and business services.

Some categories of premier Asian executive search companies come with two separate units, one exclusively engaged in finding and appointing the most proficient personnel for client companies urgently in need of staff at top level, and the other specializing in filling positions for middle management level, such as, sales, operations, marketing, human resources, and information and technology. Further, many of them provide both permanent staffing and temporary staffing services.

Mostly, services in connection with permanent staffing include research mapping, executive search, and generic resourcing.

Among the temporary staffing services is rendering expert advice for planning short term as well as seasonal staffing requirements. Asian executive search companies usually adopt four recruitment techniques to select most suitable executive personnel for client company, such as, advertising in newspapers, looking for in internal database, checking referrals of candidates already maintained with the company, and through seeking assistance of other reputable job boards.

Once candidates are short listed, in-depth interview is conducted to select the most suitable personnel are selected that match with the client company's needs.

There are also executive search companies in Asia, providing employee leasing, which covers expert services in terms of administrative, consulting, and planning salary reports for employees.

Some types of Asian executive search firm offer payroll services including payroll processing, TDS computation, disbursement of salary, preparation of MIS reports according to the specification of clients, and filing of employee PF, ESI, and PT reports.

In addition, some of the leading Asian executive search companies render human resource consulting services, including, implementation of effective HR systems, organizing HR planning, devising policies, formulating forms and checklists, hiring support, analysis and management of compensation, creation of customized HRIS process, and conducting survey to check whether employees are satisfied.

Executive Search Company usually charge a nominal fee for the services rendered, which is usually a percentage (either 20% or 25% in most cases) of successfully placed personnel's annual gross salary encompassing allowances, commissions, and incentives. However, prior to the selection of most suitable executive search company, it is important to make a thorough research with regard to the reputation, fee, and services offered by the company.

It must also be checked whether the company has such sophisticated facilities as expert team for job analysis, extensive knowledge on recent market trends, and high-end database as well as project management tools.

Further, the executive search company you have chosen must have ability to maintain confidentiality of search information, clear understanding of your requirements, and excellent search management as well as good communication skills.

If you succeed in finding a competent Asian executive search company, it can give you right candidates for your firm, which in turn helps you to achieve your goals in a short span of time. Further, it fetches you benefits including reduced financial risk, considerable savings in time, and enhanced retention. Above all, it ensures maximum efficiency to your organization.
About the Author
Hunt Partners is a high end Executive Search firm providing search and human capital solutions for global and regional clients who require discreet search of top management and board level positions throughout China, Hong Kong, India and across the Asia Pacific region.
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