Executive Search Methods
(click each box for further information on Executive Search Method and Pricing)

Executive Search Method and Pricing: Project Ignition
Before engagement we anticipate the potential needs of a client and identify a dedicated project team. This ensures that we can commence our search immediately on assignment confirmation.
Following engagement, search methodologies are identified and a project plan and timescales are agreed with our client. All searches are managed by at least one dedicated researcher and specialist consultant. All searches are supervised by a 1st Executive’s Executive director.

Executive Search Method and Pricing: Search
Our mission is to find talent. Whilst our primary focus is direct search which is carried out by our talented team of local and regional executive researchers, we also deploy a variety of secondary search methodologies. These include searching our industry leading database, networking in both the physical and virtual environments and news searches to name but a few.
Our philosophy of transparency and sharing information ensures full project visibility across our international practice group network. This gives us access to expatriate, repatriating and international executive search candidates in real time.

Executive Search Method and Pricing: Screening and Selection
Following the identification of the executive search candidate longlist we initiate shortlisting through a detailed and comprehensive short- listing process. This commences with initial telephone interviews which assess a prospective executive search candidate’s suitability for and interest in the position. Once this has been confirmed, executive search candidates are subjected to in-depth one-to-one interviews with the project’s lead consultant.
The interview format is a combination of non-directive discussions to assess the executive search candidate’s personality and communication skills, as well as competency based interviews.
Finally, unless otherwise directed by our clients, our preferred executive search candidate undergoes psychological profiling in the form of the Saville Consulting psychometric testing. Following this rigorous assessment we select those candidates that we deem most suitable for the role and the client organisation based on competencies, experience and motivations and present the shortlist of executive search candidates to our clients.

Executive Search Method and Pricing: 20-Day Project Audit
Quality assurance is fundamental to each executive search assignment we undertake. For this reason, we conduct an internal quality review 20 working days following the formal commencement of each executive search project. The results from the audit allow us to take corrective action, where necessary, during the early stages of the project to ensure that we do whatever it takes to meet our overall executive search quality standards and client expectations.

Executive Search Method and Pricing: Shortlist Presentation
1st Executive shortlist presentation takes the form of a detailed executive search assessment report, which contains information on the executive search candidates’ personal, behavioural, academic and professional profiles, including a rationale in which we explain why the executive search candidate should be considered for the role. We then review the shortlist with our clients and action any feedback received.

Executive Search Method and Pricing: Client Interview
At 1st Executive we consider it our duty to manage the shortlist of executive search candidates through the client interview process. This ensures complete discretion and the minimum amount of disruption to our client’s organisations in what is often a sensitive process. Following interviews we will then review & discuss the performance of each executive search candidate with our client.

Executive Search Method and Pricing: Offers and Acceptance
1st Executive provide formal offers & rejections to executive search candidates on behalf of our client. We support our client in the preparation and presentation of the offer to the successful candidate. This is then followed by discussions with both the client and the executive search candidate.

Executive Search Method and Pricing: Integration
Following acceptance of an offer, we work in partnership with our client and executive search candidate to identify integration needs and plan the successful integration of the candidate into their new organisation. We also facilitate on-boarding where required.

Executive Search Method and Pricing: Review
We are absolutely committed to quality and as such it is imperative that we are able to gauge whether we have successfully met our clients’ and executive search candidates’ needs. Consequently, after every placement we carry out in-depth service reviews internally and secure feedback from our clients. The feedback is then reviewed to ensure maximum client satisfaction and deliver continuous improvement initiatives.
Executive Search Pricing and Guarantees
Globally, Executive Search fees can be as high as 35%. Executive Search is usually a skilled, discrete and labour intensive service. Consequently, Executive Search fees will be quoted in an individual proposal for each assignment.
Our typical range for Executive Search and Executive Recruitment will be between 18% and 24% of first year guaranteed remuneration. This includes base salary, superannuation and any vehicle or vehicle allowance.
We do not apply fees to incentive remuneration components locally, however, we may receive work from an international head office were global network fee arrangements are already in place and these may vary from assignment to assignment.
Will always provide complimentary market-based remuneration recommendations with complete transparency on our source of data.
Where we are quoting, the issues to be considered include:
- Difficulty and specialist nature of search
- Remuneration
- Competition for likely talent
- Length of guarantee – we have 6 month and 12 month options on Executive Search roles
- Fee Structure
- “Retained Search” will include 3 equal part payments on commencement, at shortlist stage and on placement
- “Engaged Search” will include an initial retainer of approximately one third of the final fee with the balance on placement
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