Insights
Signium: The Added Value of Executive Search vs In-House Recruitment
This report, commissioned by Signium and conducted independently by Censuswide, questioned over 650 Business and HR leaders across 13 countries to discover how businesses recruit excellent senior leaders. The report reveals that the top priority for business and HR leaders when deciding how to hire for a senior management position is experienced support (69%), closely followed by industry knowledge (67%), with only 28% of respondents considering low recruitment costs a priority. The research shows that Executive Search is the most effective way to acquire the best senior directors for critical roles.
Karen Greenbaum, President & CEO, The Association of Executive Search and Leadership Consultants (AESC) said,
“Amidst uncertainty and growing complexity, business leaders turn to trusted advisors for strategic insight and to minimise risk. Shareholder confidence, organisational effectiveness, and employee engagement are just a few of the immediate benefits of the right executive hire. However, the risks associated with an unsuccessful hire can be catastrophic. These risks can be significantly reduced by working with the right Executive Search firm.”
Other key findings from the report:
- ES Consultants need international skills
- In-House Recruitment best for junior hires
- Business Leaders would rather use ES for senior hires
- Experience and industry knowledge are top reasons for using ES consultants
- Access to a global network of talent is a key benefit of ES