What is headhunting, and how does it work?

What is headhunting, and how does it work?
Jobstreet content teamupdated on 23 February, 2024
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In the Philippines' dynamic job market, headhunting, also known as executive search, is crucial. Currently, the country boasts a record-low unemployment rate, standing at 3.1%. However, there is a high demand for highly skilled workers. Socioemotional skills, technical and cognitive skills, engineering, accounting, teaching, nursing, and IT are a few examples of this. 

Headhunting is a hiring strategy that's useful for companies searching for these skilled workers in a large pool of job seekers. It aims to find the best people possible for important roles. It's also discreet and strategic. 

This article explains what headhunting means, how it changes across industries, and how it compares to traditional recruitment. It also discusses headhunter strategies and what to do if a headhunter approaches you. 

What is headhunting? 

Headhunting, or executive searching, helps companies identify potential candidates and find new employees. Instead of posting a job description on job boards and ads, it uses a targeted and meticulous approach. It aims to find and recruit top talent. These professionals may or may not be actively seeking jobs. This method is particularly useful for executive and leadership roles or technical positions. 

How does headhunting vary across different industries? 

Different industries have their ways of finding the best talent. Here are some examples of what headhunting looks like in various sectors: 

  • Technology industry: In the tech world, headhunters search for people with specific and up-to-date skills. They search for software architects, data scientists, and IT leaders who know the latest technologies and market trends.
  • Finance sector: Headhunters for this sector look for people with experience, financial knowledge, and smart planning skills. When hiring for roles such as CFOs or investment bankers, a good headhunter​ should​ understand the complicated world of finance. 
  • Healthcare sector: Headhunters in healthcare search for top-notch medical professionals, hospital administrators, or researchers. They want people with strong medical and leadership skills. 
  • Creative industries: In fields such as advertising, design, or entertainment, a good headhunter may look for creative professionals, such as art directors, designers, or producers. They want to find people who have the right expertise and a unique creative flair. 

What is the difference between headhunting and recruiting? 

Headhunting and recruiting are two ways companies can find new employees. They have different approaches and objectives. Here's a comparison of the two: 

  • Objectives: Recruiting uses job boards and career fairs to attract job seekers. Headhunting is more focused. It uses a strategic approach to find the best talent for important positions. It targets people who may not be looking for new opportunities and offers them exclusive career options. 
  • Approach: Recruiters look for job seekers openly through public channels. On the flip side, headhunters are more discreet. They reach out to potential job seekers in private to build long-term relationships. 
  • Relationship building: Relationships in recruiting are often transactional. They focus on filling a specific role. But headhunters seek long-term relationships. They want to have a strong and personal connection with people and organizations. They aim to do so before a role becomes available. 
  • Industry focus: Recruiting is a versatile approach​ that​ works for various industries and positions. Headhunting is more specialized. It's helpful for industries that want specific expertise and leadership. For example, it's a common practice for filling executive positions, such as CEOs and CFOs, where there are few people with the necessary skills to pull from. 

Understanding these distinctions is important for both employers and job seekers. ​Essentially, ​​r​ecruiting ensures a constant flow of skilled workers. But headhunting finds the best possible people for key roles. This can help an organization achieve long-term success. One is not better than the other. The best choice for an organization depends on how important the role is and the organization's unique needs. 

How does headhunting work? 

woman headhunter giving handshake

Headhunting is a meticulous and strategic process. It involves several steps to identify, engage, and secure the best person for a role. Here are the key steps: 

  • Build professional relationships with potential job seekers: Build relationships with potential job seekers early on. When possible, do so before a role opens up. Find out the career goals, expertise, and motivations of individuals who could be important players in the job market. 
  • Reach out on social media and networking events: Attend conferences and industry events to connect with others and grow your network. Use social media to find people that match your client's needs. You can also use online tools, job boards, and employment-focused social media platforms for this. 
  • Meet job seekers face-to-face: Talking face-to-face is a big part of headhunting. ​It helps you learn a person's motivations and goals and how they might fit into a company's culture. Face-to-face​ meetings also let you share job opportunities in a personal way. 

Who do headhunters work with at companies? 

Headhunters work closely with key stakeholders within a company. This helps them​ to understand the needs of the company fully​. This collaboration involves working with hiring managers, the selected individuals, and company leaders. 

Scope of a headhunter's responsibilities 

A headhunter does more than just identify potential job seekers. Their responsibilities include: 

  • Negotiating offers: Headhunters often help with job offer discussions. This includes making sure a company has a fair compensation package. 
  • Facilitating smooth transitions: A headhunter may help orient a new employee. They can also help solve any challenges that might come up during the first days. 
  • Long-term success: Headhunters help both the new hire and the company do well in the long run. They want to create matches that go beyond just filling a position. So they think about how the individual can grow and contribute to the organization. 

Headhunting strategies 

Headhunters use a range of strategies to find the best people for a job. They use their creativity, discretion, and industry expertise to do so. Here are some strategies they may use: 

  • Social media: Headhunters often use professional networking platforms. They can use the platforms to search for traits that match what the client is looking for. They may look for certain skills, experience, and career trajectories. A headhunter can also use the platform to connect with individuals. 
  • Poaching: Headhunters reach out to people doing well in their current jobs. They privately get in touch with them and offer them the chance for career growth and a better fit in a new organization. 
  • Referrals: Headhunters need to have a strong professional network. People working within an industry can help refer a headhunter to the right worker for a job. Sometimes they can find a great match that traditional methods would have overlooked. 

Strategies for screening job seekers 

As headhunters search for the best candidates, they use different strategies to assess potential hires. Here are some key approaches: 

  • In-depth interviews: Headhunters conduct in-depth interviews with people to find out about their past. They often use behavioral interview techniques. They do so to determine how the person might approach challenges in the new role. 
  • Skill assessments: Some industries need employees to have specific technical skills. So a headhunter may test people to see how good they are at these skills. 
  • Reference checks: Headhunters check a person's background thoroughly. They do so by talking to their past employers, colleagues, and other professional contacts. This makes sure the individual has the right qualifications, works well, and is a good fit for the job. 
  • Cultural fit assessments: Making sure a person fits in with the company's way of doing things is important. Headhunters look at a job seekers​’​ values, how they work, and how they get along with others to figure out how well they blend in with the company. 
  • Background checks: Headhunters do careful checks on a person's background. They double-check their education and job history. This step makes sure that the information the individual gives is accurate. 

Adapting strategies to various industries 

As headhunters navigate different industries, they tailor their approaches to meet specific needs and challenges. Here's how their strategies adapt across various sectors: 

  • Technology industry: Headhunters can use traditional skill assessments in this sector. But they may also organize or take part in hackathons or coding challenges. This allows them to test an individual's problem-solving skills in real​-​time. 
  • Finance sector: Headhunters may test people with real-world financial scenarios​ to determine whether they​ can make smart money decisions. 
  • Healthcare sector: For healthcare roles, a headhunter wants to know how an individual acts with patients. They may conduct interviews to determine the person's empathy and communication skills. They may also ask about their commitment to patient care. 

To find the best people, headhunters must be adaptable. Adjusting their strategies to match the industry and what the client needs is key. This helps them do a thorough and effective job of finding, screening, and securing the right new hires.

group interview with handshake

What to do if you're headhunted 

It's an exciting and important moment when a headhunter approaches you. Here are some steps to help you navigate this opportunity effectively: 

Research the role 

When ​a headhunter approaches you​​Click here to enter text.​, start by learning about the role they're offering. Understand the responsibilities and challenges it involves by: 

  • Learn about the position: Uncover the details of the role the headhunter is presenting to you. Ask about the responsibilities, expectations, and potential challenges of the position. This helps you learn if you can meet the demands of the role. 
  • Research the company: Learn all you can about the company. Explore its mission, values, organizational culture, and recent achievements. This helps you determine if you'd be comfortable working with the company. 

Compile questions to ask 

As you think about a job offer from a headhunter, it's important to have good questions ready. Here's how to find out more about the opportunity: 

  • Clarify expectations: Make a list of questions to help you learn about the opportunity. Ask about the team structure, reporting lines, performance expectations, and any challenges the team is currently facing. This shows your interest and helps you decide whether to take the role. 
  • Learn about the company's vision and growth plans: Ask about the company's long-term goals and plans. This can help you identify possibilities for advancement.  
  • Ask about the company culture: Find out about the company's work environment, values, and team dynamics. This helps you determine if you would thrive in the organization. 

Consider the offer 

When you're offered a job through headhunting, take a moment to think it through: 

  • Evaluate the compensation: Examine the compensation package. Consider the base salary and benefits, bonuses, and any extra perks. Make sure that the job offer matches industry standards and your expectations. 
  • Consider career progression: Determine if you can grow your career within the organization. Make sure the role matches your long-term career goals. It should also offer opportunities for skill development and advancement. 
  • Think about the work-life balance: Determine if the role would allow time for your commitments outside of work. This is key to long-term job satisfaction. Consider the expected working hours, flexibility, and any travel requirements of the role. 

Maintain your professionalism 

Maintaining professionalism is crucial for a positive outcome. Stay professional with these tips: 

  • Engage in transparent communication: Communicate openly with the headhunter. If you have concerns or need more information, let them know. This ensures a clear understanding between both parties. 
  • Respond promptly: Reply to emails and calls from the headhunter as soon as you can. Timely communication shows your professionalism and interest in the opportunity. 
  • Respectfully withdraw (if applicable): If you decide not to accept the offer, communicate your decision respectfully. Thank the headhunter for their time and interest. This keeps your relationship intact for future interactions. 

When a headhunter contacts you, it's important to ​respond enthusiastically and thoughtfully. Following these steps can help you do this. They can also help you make career choices​​Click here to enter text.​ that allow you to meet your professional goals and dreams. 

Conclusion 

Headhunting is a strategic tool for an employer looking for skilled workers and individuals aiming for career advancement. It's a sophisticated way of finding top-notch professionals for important roles. If a headhunter reaches out to you, make the most of the opportunity by doing thorough research, asking smart questions, and carefully thinking about the job offer. Be ready for headhunter messages by building a solid online presence, going to industry events, and actively shaping your professional image. 

FAQs 

  1. What types of positions are typically filled through headhunting? 
    ⁠Headhunting is a common approach for filling senior-level and executive positions. This spans across various industries where specific expertise and experience are important. 
  2. Why do companies use headhunters? 
    ⁠Companies use headhunters to find the best people for critical roles. They can locate and attract job seekers who might not be actively seeking new opportunities. This makes the hiring process more strategic and focused. 
  3. How do headhunters approach potential candidates? 
    ⁠Headhunters approach potential job seekers through various channels. Some channels include social media, networking events, and referrals. They focus on building relationships and understanding an individual's motivations. This helps them present compelling opportunities that align with the person's career goals.

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