EMA PARTNERS - Executive Headhunters
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Transcript of EMA PARTNERS - Executive Headhunters
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
1
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
2
If you’re reading this, you’re likely a HR Director in the engineering or manufacturing sector who is
looking to begin their journey through the recruitment process. You probably know that there are
many options when it comes to recruiting new talent for your business, and this guide will outline a
few of these options, and explain how they differ, and how each one will affect your journey.
Are you thinking about conducting your recruitment in-house?
What about going through a recruitment agency? And have you considered using a headhunting firm?
These are all viable options when looking for your next new hire, and with this, you should gain valuable
insight into what the best recruitment method for you and your business is.
But before you begin your successful recruitment process, there are a few things you need to outline
in order to get you on the right track.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
3
Recruitment Issues within the Engineering and Manufacturing SectorBefore we get into the details of the recruitment process, let’s take a look at the main issues
businesses within the engineering and manufacturing sector face when looking for valuable new
talent.
As a HR Director within this industry, you’ll already be well aware of the difficulties and challenges
in finding the right talent for your needs. One of the main ways engineering businesses differ from
businesses in other sectors is the extreme shortage of candidates with the right skillsets. As we
know, in the engineering industry, there often isn’t much room for leeway with specialist roles, and
many companies find that there are actually a very small number of people who have the right
skillsets for their role, and these are usually not actively looking for new work.
The chances are hiring someone outside of the specific requirements for the role just isn’t going to
work.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
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This means that by not being able to recruit the right valuable candidate, businesses stand to suffer
potentially major consequences, for example inability to carry out projects, leading to huge losses
in profit and business development. In fact, according to the Engineering UK Report 2016, 41%
of engineering enterprises claimed that hard-to-fill vacancies meant delays in new products and
services.
In addition, according to the November 2016 House of Commons Briefing Paper, there were less
than 100,000 apprenticeships starts in 96/97, and this figure has increased every year to more than
5 times that in 15/16. This indicates a severe lack of senior skilled engineers when compared to
younger prospects. This is good for the possibility of talent pipelining for the future, but very bad for
businesses who are in desperate need of senior specialist engineers in the near future.
There is also an air of uncertainty regarding the future of engineering in the UK, due to the potential
impact of Brexit. Many analysts are concerned that the implementation of Brexit will result in a
drastically reduced talent pool both in the UK and internationally, and discourage uniquely-skilled
foreign talent from joining UK engineering firms.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
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As a result, when recruiting for high-level, skilled engineering talent you’ve got to be careful that
you’re doing it the right way. Let’s take a look at the process you can go through when deciding upon
and carrying out your vital recruitment process.
Defining What You Want and What You Need From Your CandidatesThis will probably seem obvious, but before you decide what avenue you will take, you need to definitively
outline exactly what your ideal candidate is. This includes defining the absolute requirements that
candidates must meet, as well as preferable attributes that maybe aren’t essential but are desired.
Spending the time to do this will make the searching process much easier in the long run, and will
enhance the effectiveness of the candidate filtering process.
Your Recruitment BudgetNow that you’ve defined what you’re going to be looking for, you need to consider what kind of budget
you have to work with. It’s completely understandable that you and the company will want to save as
much money as possible during the recruitment process, and clarifying your budget will allow you to
understand which path you can afford to take and to what extent. Conducting recruitment in-house,
through a recruiter, and through a headhunting agency all cost different amounts, and you’ve also got
to consider the long term costs of recruitment such as employee training and the significant cost of
rehiring should your hired candidate leave and need to be replaced at any point. You’ve also got to
consider how much you are willing to offer in regards to wages for the role, as well as any bonuses.
This will affect what type of candidate the role will attract. Remember, as much as it can be tempting
to save money, being too frugal during the recruitment process can end up costing you more down
the line!
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
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Your Recruiting Time FrameNext up is outlining what kind of time frame you’ll be wanting to work with. To do this, ask yourself
some of the following questions;
• How urgently does this position need to be filled?
• Are you replacing a senior member of staff or hiring for a newly created opening?
• How much flexibility is there in your time frame?
It’s important to answer these questions before making a decision as the outcome will have a drastic
effect on what path you are able to take on your recruitment journey. You may need to outline and
negotiate time frame with any recruiters or headhunters you contact.
Your Own Team’s Resources and ExperienceAt this point you may be weighing up whether you can conduct the recruitment in-house. This is
usually many business’ first choice as it is often believed to be the most cost-effective option, but
before you make a decision consider what resources you and your department can utilise. It’s usually
wise to avoid recruiting in house unless your department has significant experience recruiting for
similar roles, as well as the resources available to ease this process.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
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Also consider what sector of engineering you’re looking to hire in. Do you know if there’s typically a
lot of job-seekers in this sector, or if candidates are scarce? Remember that it’s likely your team only
has access to a small pool of the sector’s total talent, and if you know that there isn’t much depth of
talent available, perhaps consider outsourcing the task to a recruiter with better access to potential
candidates in the sector.
The Recruitment Process – A ChoiceWith the preparation out of the way, it’s finally time to get started on the vital recruitment process.
There’s a few different ways you can go about this, so let’s take a look at your options and the
differences between them.
In-HouseThere are several benefits of utilising in-house recruitment. For example, if you choose to go down the
route of in-house recruitment, you are potentially saving yourself money at the initial stages of hiring,
as you don’t have to pay an outside party, instead relying on your own in-house hiring team.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
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This brings the additional benefit of company knowledge. Chances are, nobody knows your own
company better than the people working in it.
This means that your in-house recruiters will likely have the best quality insight into how your company
works, what type of people work there, and ultimately what type of person would be the best fit for the
company.
This is also the most flexible recruitment option, as it gives you total control over how the process is
carried out, in what capacity, and over what time frame. This can be beneficial if you like to be very
hands-on with your recruitment process.
When recruiting in-house you’re more than likely going to use the standard recruitment method, which
is roughly;
• Post Job Advertisement / Search LinkedIn
• Gather Shortlist
• Interview
• Second Interview
• Job Offer
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
9
Though you might do things a bit differently depending on you and your company’s needs, this method
is simple and effective, without being too time-consuming. However, depending on the size and
capabilities of your hiring team, this option is also usually less detailed and effective than outsourcing.
In-house recruitment is a good option if you have an established, experienced hiring team and a full
understanding of the recruitment process for your desired position.
However if your hiring team is inexperienced, or if the position you’re recruiting for is particularly
advanced or high-level, then going through a recruitment agency or headhunting agency may be the
best option. This is especially important in the engineering and manufacturing sectors, where skilled
engineers are in high demand.
Internal HiringAn alternative option you have when conducting recruitment in-house is the internal hiring process.
This may be the first step you take in your recruitment journey, and involves scouring your business in
order to find out if anyone internally is suitable for the position.
This can be very beneficial to you, as it saves huge amounts of time and money, as well as promotes
employee advancement. However, this recruitment method relies heavily on your company having
a healthy talent pipeline, and through doing this you also end up with a position elsewhere in the
company to backfill..
High Street RecruitersIf in-house recruitment doesn’t seem like the best choice for you, the next option would be to hire a high
street recruiter, otherwise known as contingency recruiters. These agencies specialise in recruiting
candidates for the desired role quickly and hassle-free. What this means is that they will conduct
the recruitment process for you for a price, saving your team time and effort. High street recruiters
usually juggle several different clients and projects at once, so it may be the case that your assigned
recruiters will split their time between recruiting for your role and others simultaneously. This is not
ideal if you’re looking for a team which can give the recruitment process their full attention, such as
your in-house hiring team.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
10
Where high street recruiters excel is in the quantity of candidates they provide. These recruiters
specialise in quickly delivering a large shortlist of candidates for your role, however there is no
guarantee that these candidates will be the right fit. The service largely serves to save you and
your team the significant amount of time it takes to search for candidates. Another advantage of
recruitment agencies and headhunting firms is that when advertising your role, they can give you the
option of hiding your company name if you so wish. This can be advantageous if, for example, you
don’t want to broadcast that your company is hiring.
Recruitment agencies also have access to specific resources which allow them to find candidates
that you may not usually be able to through in-house recruitment methods.
Your typical journey with high street recruitment agencies is as follows;
• Meet the agency and recruiters
• State requirements, agree on terms
• Recruiter conducts search
• Recruiter send you shortlist
• You Narrow Down Shortlist
• First Interview
• Second Interview
• Job Offer
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
11
Most recruitment agencies are largely involved in the searching stage and aim to provide you with a
sizable shortlist of potential candidates. Once this shortlist has been delivered, the recruiter’s job is
mostly complete.
In terms of cost, high street recruitment agencies usually operate on a percentage basis rather than a
fixed fee. More specifically, the fee is typically calculated as a certain percentage of the hired candidate’s
first year salary, though this percentage varies from agency to agency. This of course means that the
recruitment agency gets paid more when hiring for higher level positions. However, the higher-level
your position is, the more necessary it is to utilise a recruitment agency, as high-level candidates can
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
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be very hard to attract without the use of professional search and hiring services. The catch of being
non-retained is that you don’t pay if you don’t end up hiring one of their shortlisted candidates. This
means that these recruiters are motivated to find you a good hire, because if they don’t provide you
with a hire, they don’t get paid! You also have the flexibility to conduct your own recruitment at the
same time, or even hire multiple recruitment agencies should you wish, so recruitment agencies are
often used to competing with each other over the same role. However, be careful with this, as most
recruiters won’t be too happy to work hard on a search that they think they won’t get paid for because
you also have other recruiters working on the role. Recruiters will also usually prioritise recruiting for
roles where they have exclusivity.
However, using high street recruitment agencies for hiring high level or specialist candidates in the
engineering and manufacturing industry isn’t usually the best option. Put simply, when senior skilled
talent is so rare in the engineering industry, especially in niche sectors and skillsets, the fast and
catch-all approach of high street recruiters often just won’t cut it. These recruiters often, by nature,
tend to rush candidates in order to get results as fast as possible as to not miss out to another agency,
and this approach is not at all ideal when the targeted talent pool is so small. Simply casting a net isn’t
enough, more often than not, in order to truly capture the right talent during such a skill shortage, the
talent needs to be nurtured.
Retained Headhunting AgenciesIf you’re serious about finding quality, high-level candidates, there is another recruitment option;
headhunting agencies. There is a lot of confusion over the differences between a headhunter and a
recruiter, and for some there is the misconception that they are the same thing.
This is not true. When people talk about recruiters vs headhunters, they’re often talking about non-
retained vs retained talent searches. Retained headhunting agencies usually provide a more detailed,
bespoke talent search and hiring solution than contingency retained recruiters.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
13
One of the key advantages that headhunting agencies provide over recruitment agencies when hiring
within the engineering sector is their ability to nurture candidates and promote your business and
opportunity to valuable talent. Put simply, quality talent with the skillsets required for senior engineering
roles are so rare that businesses will do anything to keep them, meaning simply throwing out a job
advertisement or pitching an opportunity just won’t do the job in most cases.
Quality talent needs to be nurtured, they need to be made aware of your business, your opportunity,
and why your opportunity is unique and worth moving for. Headhunters are able to hold conversations
with potential skilled candidates over the course of weeks, familiarising them with your business and
opportunity and increasing the likelihood of them jumping to your business, either for the immediate
opportunity, or in the future. The research invested by the headhunter can then be revisited and utilised
for future hires.
When recruiting in such a tough sector as engineering, it’s important to focus not only on short-term
fixes, such as hiring for a current need, but also for long-term nurturing. Headhunting agencies provide
this by networking with the best candidates for your business, and nurturing them over the course of
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
14
weeks in order to gradually introduce them to your business, familiarise them with what you can offer,
and build up connections. This provides a form of talent pipelining for your business, meaning this
not only assists you for your current needs, but also builds up a set of valuable connections for your
future recruitment.
This means that when the time comes for you to recruit for another specialist role, you already have a
talent pipeline of relevant skilled candidates in the industry who are aware of your business and what
you can provide. This could mean that in the future your business is first in line for top level talent,
potentially giving you a huge advantage over your competitors.
As the service is retained, you will sign a contract with the firm to guarantee that they will be the
only one recruiting for your role. This is because of the large investment of time and effort from the
headhunter into finding the right candidates for your role.
Unlike contingency recruiters, who only require a fee upon a candidate being hired, retained
headhunting agencies often charge a schedule of payment, usually in the form of a research fee, a
shortlist submission fee, and a hiring fee.
The reason for this is to ensure that they are compensated for the large investment of time and
resources, as well as for the success of the headhunt, due to the large level of detail employed in a
retained talent search. Like high street recruiters, these fees are usually based on a percentage of the
hire’s first year salary.
For you, the client, the retained nature of headhunting agencies essentially acts as a quality guarantee,
ensuring the firm will always try and find you the perfect shortlist of candidates, rather than just any
shortlist.
At face level this is the most expensive of the three recruitment options outlined so far, however if
you’re looking to recruit for a high level or specialist role, this option can save you time and money in
the long run by drastically reducing the likelihood that you will need to rehire for the position.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
15
As an example, your journey with Executive Headhunters would look like this;
• Initial meeting
• Discussion of role and desired candidate
• Search process (with updates from headhunter)
• Candidate psychometric tests
• Shortlist submission
• Feedback and changes to shortlist if necessary
• First Interview
• Second Interview
• Competency test
• Discussion of terms and salary between candidate, client, and headhunter
• Job offer
• Onboarding
As you can see this process is quite detailed. Headhunters specialise in making sure that the shortlist
of candidates that are delivered are the best possible match for your role. To achieve this, the searching
process must be much more detailed than other methods of recruitment. As a result, a retained
headhunting process can take longer than contingency recruiters, but the quality of talent is generally
higher and more bespoke to your business’ needs.
Talent PipeliningAs we have established, one of the key benefits of using a retained headhunting agency for
recruiting high-calibre and uniquely skilled individuals is the long-term talent pipelining potential.
It can be easy to get caught up in the task of hiring for a current role and forget to consider future
hiring issues.
By maintaining continuous communication and building relationships with talent in your industry,
headhunting agencies are able to help position your business as an employer of choice for a large
pool of qualified candidates in your sector.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
16
The key here is that talent shouldn’t just be ignored just because they may not be immediately
available to you or right for the role you are recruiting for right now. By mapping out the skills
landscape in your sector, headhunting agencies can help expand your options for the future. As
retained headhunts function as research projects as well as recruitment projects, this research and
knowledge can be revisited down the line, allowing your business to have first mover advantage
when key, qualified individuals in your sector make the decision to consider a new role.
When using headhunters, your talent search doesn’t have to end at the current role, instead you
receive a service that allows you to prepare for the future.
Shortlisting
After the talent searching stage, you, the recruiter, or the headhunter will produce a shortlist of candidates
to consider for the role. If you are working with a headhunting agency, you will have the opportunity
to discuss or re-valuate the results of the search, and request a new shortlist if the candidates don’t
match your requirements exactly. From this shortlist, you can decide which candidates you want to
invite to the first interview stage. Your shortlist should cover all bases in terms of desired candidates,
it needs to have enough variety whilst being within your target specifications.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
17
Typically, the shortlist that a recruiter or headhunter submits to you contains quite a few candidates.
This allows you to have the best choice possible to narrow down for the interview stage, however the
recruiter will often narrow down this list for you if you feel that they’ve submitted too many candidates.
Multi-Stage InterviewsWhether you choose to use in-house recruitment, a recruitment agency, or a retained headhunting firm,
you will always interview your candidates personally. Recruiters and headhunters will also conduct a
screening process before the shortlist, which can vary in detail depending on the agency. For example,
a high-street recruiter may simply conduct phone interviews, whilst retained headhunters’ screening
process can involve multiple phone and face-to-face interviews as well as psychometric tests.
For senior-level positions, you’ll likely want to conduct at least two stages of interview per candidate,
as just one interview is simply too little to get a good idea of a candidate’s ability and overall suitability
for a role. Some headhunters are able to advise you on the best interview procedure should you need
it, and even sit in on the interview with you. Some companies are even inclined to conduct three
interviews per candidate, as this allows for even more detailed insight into each individual, however
you must be careful with this, as by requiring too many interviews you easily run the risk of aggravating
or deterring candidates, as well as lengthening the recruitment process.
Engineering / Manufacturing Competency TestAs we know, engineering is a heavily skill-reliant industry. To be a top player in the engineering and
manufacturing sector, you not only need to have industry knowledge, but also technical proficiency
and an advanced skillset. Therefore, it’s only fair to expect this out of your candidates.
Top headhunters recommend conducting competency tests for candidates at some point during
the recruitment process, usually during the final interview stage. This is a good way of putting your
candidates to the test and narrowing down your shortlist by skillset and ability. If you’re using a
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
18
headhunter, they can often guide you and give valuable input into how you can conduct such tests to
get the most useful results from your candidates.
Job Offer and Wage NegotiationAfter you’ve interviewed your candidates and come to a decision on who you want to take on, there’s
still the matter of conducting the wage negotiations and making the job offer. This is something you
are likely prepared to do on your own, however many headhunters are willing to handle this process,
acting as a ‘middle man’ between you and the candidate.
This stage is important as it stands as the last hurdle between you and your perfect employee, so
you want to make sure that these negotiations are as smooth as possible. Ideally you should have
touched upon salary in the interview, or your headhunter will have discussed it with them, which irons
out most of the issues you might encounter at this final stage.
The good news is that you’re now ready to offer the job to your chosen candidate!
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
19
Retaining EmployeesRemember that the recruitment process isn’t necessarily over once the candidate has signed
the contract. You’ve always got to be ready for the possibility of further recruitment in the future.
Depending on the quality of your hire, there is always the possibility that they may leave within the first
6 months of being hired, especially if the candidate isn’t the right fit or is given inadequate training.
In this situation, you’ll have to conduct the recruitment process again, so you’ll want to take as many
measures as possible to avoid unnecessary stress should the need to rehire emerge, for example
by keeping candidates and contacts in your pipeline. In addition, quality headhunting agencies often
include free replacement guarantees which can be a lifesaver in such an unfortunate situation.
Which Is the Right Choice For YouAs a general rule, your decision between using in-house recruitment, high street recruiters, or retained
headhunting agencies should be based on your time restrictions, budget, and the level of your role.
If you have an established, experienced in-house hiring team and are looking to recruit for a familiar
role, then in-house recruitment can be a good affordable option.
If you are looking to recruit for a mid-level role and want results fast without spending too much, then
you might consider using a contingency recruiter, perhaps in conjunction with your own in-house
hiring team in order to achieve the best results.
If you are recruiting for a high level, hard to fill, or specialist technical role, and are willing to pay a bit
more to find the best candidates possible whilst preparing your business for future hiring, and saving
time and effort for your team, retained headhunting agencies are the way to go.
United KingdomEMA PARTNERS
Executive Headhunters
#08a8c5 #0f172b
Manchester: (0)161 926 8686 | London: (0)207 160 6996 | Edinburgh: (0)131 341 1966
20
Thanks for ReadingHopefully this eBook has helped you to understand the journey that you will embark on when
recruiting for your next role, as well as some of the options available to you which will allow you to
find and implement the best recruitment solution possible for you and your business.
If the option of hiring a headhunting agency sounds attractive to you, don’t hesitate to get in
contact with us at Executive Headhunters to find out how we can help you find the perfect
candidate.
Call us on 0207 160 6996 / 0161 926 8686Send us an Email at [email protected]
Visit our website at www.executiveheadhunters.co.uk
Sources
http://www.engineeringuk.com/Research/At-a-glance-2016/
House of Commons Briefing Paper 21 November 2016 – Apprenticeship Statistics: England