How is Top executive Search Firms in Beijing executive search different from recruitment?

Even though these two terms are used interchangeably, they are significantly different. They both share the same objective of finding the right candidate for the right role. But their business model and methodology differ.

Recruiters are tasked with finding candidates for junior level positions and lower-level management positions. Sometimes they also specialize in entry level jobs, graduate jobs, intermediate, etc. On the other hand, a top executive search firm in Hong Kong, have to find highly skilled top performing senior executives for senior level positions. Titles they hire for include president, general manager, vice president, director.

Another difference is that recruiters seek active job seekers who are unemployed or are actively trying to find a new job via social media and ads. Top Executive search firm in Asia have a more proactive searching method. They look for passive candidates who are employed or are not looking for job change. They also target those who have not applied for positions but are networking.

A major difference between both is in their business model. Recruiters have a contingent business model which means that they only get a fee after they successfully place a candidate. These roles are not exclusive which means they have to compete with other agencies for this role. executive search firms have a retained model. They charge a fee upfront right in the beginning. This initial investment can be seen in the way in which they conduct search process as it helps them acquire the right resources. They take time to understand your mission, values, culture, what you are offering and then establish the skills, experience and other competencies you need.

Recruiters also work across several sectors and industries. Even though specialization which make them serve their clients better, their contingent business model prevents them from finding passive candidates. executive search firms on the other hand are industry specific. Even if they do not focus on an industry, they will focus on the business function. Within this specific industry, they will then have experts or special team who will have a particular function. A great example is, if their target is the life science industry, then they will hire experts on engineering and technical services in their team. This is what ensures that they have a better understanding of the industry their clients belong to. This mode of selection will also give access to an immediately available pool of top performing candidates.

Recruiters usually work for local markets. Independent recruiters will focus on local market. There are larger firms that function nationally. On the other hand, executive search firms function globally, most of the time. If your company is looking for the best of candidates and geographical boundaries do not matter to you, then a top executive search firm in Beijing is the place to go. This is great way to engage with talent across from the globe.