Current economic growth had attracted
numbers of worldwide Foreign Direct Investment (FDI) to Vietnam. This
positive growth had contributed towards human capital development in
organization and challenging recruiters to be more competent in sourcing
suitable candidates for the company. Assigning Executive Search &
Job Placement Agencies such as Navigos Group, Adecco and Vietnam
Manpower Solution is another option for employers to speed up the
recruitment process and engaging the best person on board.
Specialization by Industry
In every organization, there will be
various division and vacancies which need recruiters to be expert in the
area. For example, one Executive Search agency may specialize in
banking and financial recruitment and some other may be good in
pharmaceutical industries. By using Executive Search agency, they know
the market and most of Executive Search Company are very focus on
certain industry which is general HR did not.
Skill Oriented
Headhunters are target oriented. One of
their missions is to fulfill their client’s recruitment assignment
within the timeline. Headhunters have a professional skills which is
normal HR people do not posses or use very often. Headhunters are
trained with skills such as how to cold call candidates from competitors
and how to qualify whether the candidates are interested with any
carrier movement opportunities.
High Confidentiality
By using third-party resource, they can
bring a very high confidentiality during the search. They can neutrally
approach competitors without being notices. For an example, if a HR from
Parkson does a cold calling to Metro Cash & Carry, it might sound
like this, “Hello, my name is Phung, head hunter from Parkson, can I
speak to your Director of IT?” If the head hunter can get through the
person, there will be some internal chatty talk among the company
members, and the Director of IT may be discredited by Metro Cash &
Carry if he accepting the offer from Parkson.
Negotiation Buffer
Outsource head hunter can act as a
negotiation buffer between the company and candidate. Sometimes, your
offer is below than the candidate’s initial requirement and it is good
to have head hunter as a third-party person. This person will be good
benefit when involve a tough negotiation as they will communicate on be
half of you and nothing is said directly to candidates from your
company. This is a good way for client to avoid from any hard feeling
and vise versa during recruitment process.
Return of Investment (ROI)
You may think that utilizing Executive
Search agency is very costly. The truth is, you will get a better Return
of Investment (ROI) in many aspects. Executive Search agencies will be
able to cut your hiring expenses and time to find your desired talent.
You do not need to do any newspaper advertisement, spending time to
screen your incoming application and first interview arrangement because
the agency will do everything for you. In terms of productivity, your
business will continuously move on as soon as the candidate already
comes in and delivering your work demand.
With this in mind, it is truly worth it
to utilize Executive Search agency to fulfill your human capital needs
and spotting the best talent for your organization.
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