Biggest Benefits Of Using Executive Staffing

The process of hiring a staff member can get pretty expensive quickly, especially when you’re hiring someone at the senior level. Plus, staffing takes a lot of time, and your company may spend hours upon hours screening candidates and checking their resumes. 

As such, many organizations are turning towards executive staffing agencies when hiring high-level executives. This allows them not only to find the best candidates for the role but also to save an exponential amount of financial and human resources. 

Let’s go over the benefits of working with an executive staffing agency in 2023.

1. Hire Top Talent

Although companies believe they’re capable of finding and hiring an executive using their internal team, this isn’t the case. The appointment process for attracting these candidates is complex and posting about the open job on the company’s website simply won’t be enough to deliver results these days. 

Why is that?

Simple - executives rarely scour job portals. It’s common knowledge that most of the high-level, high-quality candidates actually come from referrals, meaning that the traditional hiring process is inefficient for attracting the best of the bestnt. 

By taking advantage of executive staffing solutions, your organization can gain access to top talent that the agency you choose to work with has cultivated for years, even decades. All these candidates have been carefully vetted and are ready to work if a great opportunity arises. 

2. Save Time and Money

Newbies in the business world wrongfully assume that overhead is an organization’s biggest expense. It’s not, as the costs of hiring a single employee far outweigh the costs of an office space. On top of that, the process of writing job descriptions, making job postings, and screening candidates is time-consuming and could take weeks or months to complete. 

According to studies, it takes 42 days for an average organization to fill a vacant position, and for an executive role or a senior spot, it may take upwards of six months. 

This can be devastating from a financial perspective too, as the costs of working at a minimized capacity while the hiring process is still going on can rise to over $5,000 per hire. To minimize the damage, many organizations settle for anyone who remotely fulfills the requirements. By taking that route, a company may spend additional fiscal resources on training to compensate for the lack of skills. 

With an executive staffing agency, you can avoid many of these problems. Not only are staffing agencies virtuosos at tracking down the right candidates, but due to their connections and experience, they can drastically reduce your costs and hire an executive in record time. 

3. Avoid Damaging Your Brand Image

Since recruiters are basically battling tooth and nail for the small amount of top talent, brand image is everything. Most job seekers (especially senior executives) won’t apply for a job in a company that has a negative brand image. 

Do you know what can erode the image of your company in just a short time? A managerial position that stays open for months.

Most professionals talk amongst each other and are familiar with companies who are hiring. If you’re working in a tight-knit industry, your inability to hire an employee will raise some eyebrows. 

The best executive staffing agencies know just how much this matters in staffing. As such, they will try to fill the open position as fast as possible - helping keep the brand image you carefully cultivated for years intact.

4. Most Comprehensive Background Checks

Despite the best efforts from companies to properly screen candidates, some bad apples will inevitably slip through the cracks. For instance, many companies fail to check the educational background of the candidates, which is important because some applicants falsify educational credentials and include false information in some capacity. 

Furthermore, hiring teams get so enamored by the candidate that they fail to conduct the basic criminal background check. 

Hiring a modern-day Frank Abagnale (or just a bad hire) can be sidestepped by implementing strict background checks and security procedures. Yet, conducting these processes still takes an incredible amount of time, particularly if you need to sift through dozens of candidates. 

With executive staffing solutions, you and your core team can sit back while professionals do their magic conducting different background checks to protect you from bad hires and liability issues. 

5. Take Advantage Of Industry-Specific Expertise

A level of expertise that an executive staffing agency has will far outweigh the knowledge of your internal team.

Seems like a bold claim, but when you think about it, it makes perfect sense. An HR department typically interacts with one group of people from one specific industry. Employees working for executive staffing agencies, on the other hand, are in constant communication with professionals from a wide variety of industries. 

Because of this, they can learn about all the latest trends, leading technologies, and how the use of tech in the workplace is developing - nuggets of industry-specific information available at your fingertips. 

On the topic of HR departments, credit where credit’s due - they try their best in spite of other, sometimes more important tasks to tend to. By comparison, a staffing agency can dedicate its full attention to connecting you with the perfect candidate for the job and help you with all the other staffing processes you may struggle with. 

Hire Someone With Experience and Protect Your Company’s Future

Considering everything listed above, the rise in popularity of executive staffing agencies is not surprising. When you consider the cost savings, minimizing your risks, and the ability to fill a senior position faster than ever, working with an agency during your next hiring cycle is something you need to try.

Here at Griffin Global, we've been helping businesses solve all their staffing challenges for decades - from hiring tempts all the way to finding their next CFO or CEO. 

During that time, we discovered the best ways to connect your business not only to valued employees, but future leaders as well - leaders who have the potential and the expertise to herald an era of growth in your company.

Find C-suite level candidates now - call (855) 747-4334 or hit us a message through our contact form.