Learn more about the executive search market and find out if this specialised area is right for you.
At the top end of the executive recruitment market, retained executive search firms operate as management consultants, helping their clients align their talent strategy with their business goals. These firms handle senior roles, where candidates must be able to demonstrate strong functional or sector expertise, typically attracting salaries from £130,000 basic to over £1 million.
Retained executive search firms work on behalf of their clients to identify the best possible candidate across the entire market. This is done by using their networks and bespoke databases, and roles are rarely advertised. Target candidates are usually those not actively job hunting.
In contrast, roles in the £75,000 to low six-figure salary bracket are often handled by firms that operate through search and selection – advertising the role and selecting the best candidates from those who respond.
Executive recruitment is most relevant if you have significant experience and wish to continue in your sector or function. If you are changing careers, networking and approaching your target firms direct will be more effective channels.
Developing enduring relationships with a few carefully selected consultants is an advisable part of your long-term career management strategy. They can help you access unadvertised roles and benefit from market insights from the consultants.