What to Keep in Mind When Recruiting Top Executives?

The process of top executive hiring is different from hiring other professionals. If you want to hire a top executive for your organisation, you need to apply advanced recruiting methods.

Firstly, Who are Top Executives?

Sometimes employers aim to hire senior managers, vice presidents, directors, chief executive officers and similar high-level officers within companies. These executives are also called C-suite executives as they offer bear titles such as -

Chief Executive Officer (CEO)
Chief Technology Officer (CTO)
Chief Financial Officer (CFO)
Chief Operations Officer (COO)
Chief Information Officer (CIO)

Why Should Organisations Hire Top Executives?

Finding and recruiting the C-suite level candidate for your company is important to the overall success of your business. These people will make decisions that help shape the future course of your business. That’s why this process needs the highest attention and priority.

Challenges in Top Executive Recruitment Process

The process is complex and requires solutions to meet the following challenges -

Competition for Top Talent

Companies want to hire the best candidate, especially at the top executive level. They compete for finding the top talent at all levels to derive the work they want. Also, top-level executives are aware of their capabilities and can thus set their own terms and conditions before joining the workplace.

Recruiting Passive Candidates

There is a chance that the top-level employees are already working and they are not actively looking for a new job. Yes, they don’t mind if they find the right opportunity. But if they are not looking for a job, it becomes a challenge for the recruiter to hire them.

Managing High Expectations

When the organisation steps out to hire a candidate for the top-level position, they face unrealistic demands regarding salary, time and many more. It can be a challenge to find a candidate with ideal skills and the salary an organisation is comfortable paying to the concerned individual.

Tips to Recruit Top Executives Successfully

As discussed above, recruiting top executives is a complex and challenging process. If you want to fill your top-level positions, follow these easy tips.

Proper Research About the Job and Industry

Hiring C-suite candidates requires a lot of research and preparation. Start your process with a perfect job description. Use a job description template if you want to, but make sure you customise them according to your needs. Then make a candidate persona for the candidate you want. Create this according to what the position demands.

Use Employee Referrals

You can use your network to recruit ideal C-suite candidates for your organisation. Take the help of your network and connections of the existing leaders in your company. Try to contact the person in your organisation who knows your targeted executive candidate and can suggest the ideal person as per your requirements. You can also go for personal contact, social media connections and employee referral to find the C-suite candidate.

Build Relationships

While recruiting top-level executives, building a relationship with the candidate is critical. Therefore, you require a highly personalised approach. Because it's hard to find an ideal candidate and even harder to persuade to make a move. So, don’t try to fill the position immediately. First, try to understand your candidate before increasing your hiring pace.

Be Patient

Recruiting top executives can be complex and lengthy. So, be ready to invest your time and effort. Also, top candidates may take time before saying YES to the job offer. So, be patient. It’s better to have 2-3 ideal candidates for this role, so that if anyone declines the offer, you will have someone to fill in the position.

Give Great Experience to Candidates

You need to work hard to provide the best experience to candidates while carrying out their recruitment process. And when it comes to hiring C-suite executives, you need to make your efforts more towards improving the candidate experience. As top-level executives have many offers from other companies, make sure they get the best experience. It will help you close the position.

Conclusion

For hiring the best top-level executive candidate in your organisation, follow the aforementioned tips. This process is complex and requires more time to invest. So, if you want to hand over this task to some other organisation, trust the Executive Search Process of Kutumbh HRCare (Kaam Matlab Kutumb), a leading HR outsourcing company. Contact Now!