Recruiting

Executive Search Firms’ 8 Guidelines to Great Job Offers, Part 1

By July 24, 2012 No Comments

From candidate sourcing and outreach, to interviews, shadow sessions, and further assessment techniques, the hiring process has always been a long and arduous task which has only become more complex in recent years. Nowadays, with quality talent having become so hard to find, it is important that once that perfect, qualified candidate is identified, that the company be able to seal the deal and acquire this individual as smoothly and quickly as possible. This is where employers will need to work on developing the quality of their job offers to ensure that these valuable individuals are not lost once they are in reach. To help guide companies in the improvement of this step, here are eight simple guidelines to improve job offers, as have been outlined by executive search firms.

1. Don’t Waste Time, Act Now

Everything has been done thoroughly by the number. The executive search and interview processes are over and you have identified the perfect candidate. So why wait in making the offer? In an economy that has made finding quality talent so difficult, it is more important than ever that companies pounce once they’ve found who they’re looking for, and should try to contact that individual with the news the same day as their final interview, or at least within the following few days.

2. Make the Call

While a number of ways exist for companies to get in touch with the candidate to make the offer, it is always best to simply make a phone call. This will allow the employer to demonstrate to the candidate just how excited they are to be making this offer, as well as allowing them to gauge the level of excitement on the part of the candidate.

3. Show Enthusiasm

It is always important that the candidate be allowed to see just how enthusiastic the employer is to have them. A little flattery can go a long way. Telling the candidate that they were the first choice among X number of individuals, as well as how impressed those at the company are with their skills and knowledge are great ways to prove enthusiasm. While such expressions should be limited during the interview process, now is the time to really let the candidate know what you have thought of them. Compliment them and make this a moment they will remember.

4. Use the 10% Bump

As a rule, extraordinary circumstances aside, candidates are generally unwilling to switch jobs if it means making the same or a lower salary. Even if they are accepting such an offer, resentment is sure to grow over time with each new paycheck and slowly poison the well. Needless to say, it won’t be long before they are back on the job hunt. These situations should be avoided unless extenuating conditions dictate otherwise. Instead, candidates tend to expect a salary increase of roughly 10% in order for them to feel confident about leaving one job for another, and employers should seek to meet this expectation if they hope to acquire this talent.

For four more tips on making the perfect job offer, look for the conclusion to this article.

Published by Conselium Executive Search, the global leader in compliance search.  
close

PLEASE follow us!

Twitter
LinkedIn