Protecting Your Company’s Investment
Jim O’Malley
Simply put, a headhunter is a hired gun whose job it is to find talented executives for firms outside of their organization. Companies pay well for these services (typically a third of the newly hired executive’s first year total cash compensation) and it therefore stands to reason that they want to protect their investment. That’s why we executive search professionals are often asked to guarantee our services for a year. However, the newly hired executive seldom leaves within the first 12 months. More leave their new employers in the first 18-24 months – and at quite the alarming rate!
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