Headhunter

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Definition of 'Headhunter'

A headhunter is a recruiter who specializes in finding candidates for executive-level positions. They typically work on a commission basis, and their fees can range from 20% to 30% of the candidate's first-year salary.

Headhunters typically have a strong network of contacts in the business world, and they use this network to identify potential candidates. They also use a variety of other methods to find candidates, such as searching online job boards, reading industry publications, and attending industry events.

Once a headhunter has identified a potential candidate, they will contact the candidate and arrange an interview. If the candidate is interested in the position, the headhunter will submit their resume to the hiring company. The hiring company will then interview the candidate and make a decision on whether to hire them.

Headhunters can be a valuable resource for companies that are looking to fill executive-level positions. They can help companies identify qualified candidates, and they can also negotiate salaries and benefits on behalf of the candidates.

However, it is important to note that headhunters can be expensive. Their fees can be a significant cost for companies, and it is important to make sure that the benefits of using a headhunter outweigh the costs.

Here are some of the benefits of using a headhunter:

* Headhunters can help companies identify qualified candidates that they would not be able to find on their own.
* Headhunters can negotiate salaries and benefits on behalf of the candidates.
* Headhunters can help companies to fill executive-level positions quickly.

Here are some of the drawbacks of using a headhunter:

* Headhunters can be expensive.
* Headhunters may not have the same level of knowledge about the company as an internal recruiter.
* Headhunters may not be as motivated to find the best candidate for the job as an internal recruiter.

Overall, headhunters can be a valuable resource for companies that are looking to fill executive-level positions. However, it is important to weigh the benefits and drawbacks of using a headhunter before making a decision.

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