Headhunter : What is it and How Headhunter works

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Headhunter : What is it and How Headhunter works

"a person who identifies and approaches suitable candidates employed elsewhere to fill business positions "

Above is the simple definition of Headhunter. But what is the Elaborative version of these Headhunter terms? A headhunter is a company or individual that provides employment recruiting services on behalf of the employer. Headhunters are hired by firms to find talent and to locate individuals who meet specific job requirements. Headhunters may also be referred to as executive recruiters and the function they perform is often called executive search. Headhunters may have a pool of candidates for specific positions or may act aggressively to find talent by looking at competitors' employees. Employers tend to enlist headhunters when there is a sense of urgency and they are unable to find the right person to fill a role on their own. 

Understanding Headhunters

Finding and recruiting job candidates is often performed by hiring managers, human resources personnel, or internal recruitment specialists. But in some cases, employment agencies or executive search firms may be employed. Third parties working on behalf of a hiring company are colloquially referred to as headhunters. A headhunter is retained to fill jobs that require specific or high-level skills or offer high pay. Headhunters working on behalf of a firm often scour international organizations for top talent. In addition, some individuals may contact a headhunter to provide a résumé or curriculum vitae (CV) or to apply for a position for which the headhunter is seeking talent. Headhunting is supported on many levels by internet technologies, including social media and online job boards.

How Headhunters Are Paid

Headhunters only make money when they are successful in placing a candidate in a job. Independent, third-party recruiters are often paid on contingency, meaning they do not get paid unless their candidate is hired. The typical fee is 20% to 30% of a new hire's total first-year salary. As headhunters work for the employer, they have an incentive to please them rather than the candidate.

There is no licensing necessary to become a headhunter or recruiter, so anyone can become one. Less-reputable recruiters often compete with professional ones that possess large networks of clients and candidates. They may operate in a similar way, such as an unsolicited email, call, or LinkedIn request.

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