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4. Efficiency
Traditional executive search has removed information symmetry from the hiring process, leaving your company in the dark about the entire candidate pool, hindering your ability to make the best decisions for your organization. Modern executive hiring offers companies unfettered access to the entire candidate pool, allowing the hiring team to quickly update search parameters without derailing the entire process. Go ahead, use the extra time to complete other deliverables.
5. Price
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You guessed it, traditional executive hiring includes placement fees that can cost your company about $120,000 per hire, with 66% of those fees paid before an offer is even extended! That’s an eye-watering sum. Modern executive hiring doesn’t require expenses for office space, furniture, utilities, etc. It’s not only more effective than traditional executive search, modern hiring typically costs 68% less!