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Executive search (informally headhunting) is a specialised recruitment service used to source candidates for senior, executive or other highly specialised positions in organizations. The method usually involves commissioning a third-party organization, typically an executive search firm, but alternatively a stand alone consultant, to research the availability of suitable candidates working for competitor or related businesses. Having identified possible recruits that match the clients requirements, the executive search firm may act as an intermediary to investigate whether the individual might be interested in moving to a new employer and also carry out initial screening of the candidate, negotiations on remuneration and the employment contract. The purpose of an executive search is to identify potential candidates for a senior-level position within an organization. Posting vacancies on job boards or running ads are outdated recruiting methods when it comes to recruiting for high-level executives. The project is typically carried out by a consultant or executive recruiting firm specifically authorized to do so by the hiring firm. Professional executive search firms often possess the industry connections and expertise that enable them to reach out to many potential candidates.
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