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At Pareto, we go above and beyond to find the right fit for both you and a prospective employer. Taking people of high potential and placing them in positions where they can excel.
At Pareto, we go above and beyond to find the right fit for both you and a prospective employer. Taking people of high potential and placing them in positions where they can excel.
Explore the pros and cons of executive search recruiters vs. in-house hiring for your sales team. Learn how to access passive talent, improve quality of hire, and make the right choice for your business needs and budget.
By Pareto Team
Sourcing and securing top-tier senior and executive talent can be a daunting task. Many businesses struggle with lengthy vacancies, losing revenue, and carrying targets for unfilled positions. To compound the challenge, the best professionals are often passive candidates, not actively looking for new opportunities, making them difficult to identify and attract.
As a CRO, HR Manager, or Sales Director, you're likely weighing the pros and cons of using executive search recruiters versus handling the hiring process in-house. Both approaches have their merits, and the right choice depends on your organisation's specific needs and goals.
Whether you choose to use executive search recruiters or hire in-house, the ultimate goal is to build a high-performing sales team that drives revenue growth and achieves your business objectives.
Executive search recruiters, like Pareto Executive Search, can be strategic partners in securing the perfect candidate to drive your sales success. Here's why:
1. Access to Passive Talent
Executive search firms specialise in headhunting from the passive market, giving you access to a pool of exceptional candidates who are not actively seeking new roles.
99% of Pareto’s senior sales talent placed were in the passive market.
2. Expertise and Efficiency
These firms possess deep knowledge of the sales landscape and have decades of experience in attracting and nurturing sales professionals. This expertise allows them to identify and attract top talent that aligns perfectly with your requirements, saving you time and minimising the risk of a bad hire.
3. Improved Quality of Hire
A good executive search partner will have a rigorous search and selection process, ensuring that every candidate presented is a potential fit for the role.
4. Ongoing Support
Many executive search firms provide comprehensive support throughout the entire process, from offer negotiation to onboarding, ensuring a smooth transition for both you and your new hire.
1. Potential Cost Savings
Eliminating agency fees can reduce the direct cost per hire.
2. Greater Control
You maintain complete control over the hiring process and candidate selection.
3. Cultural Alignment
In-house teams may have a deeper understanding of the company culture and be better equipped to assess cultural fit.
Urgency of the Need
If you need to fill a critical role quickly, executive search firms can often expedite the process.
Complexity of the Role
For highly specialised or senior-level positions, the expertise and network of a search firm can be invaluable.
Internal Resources
If your HR team is already stretched thin, outsourcing executive search can free up their time to focus on other priorities.
Budget
Consider the cost of agency fees versus the potential costs of a lengthy vacancy, lost revenue, and a poor hiring decision.
According to a recent report by Pigment, a key challenge for CROs is that nearly 40% of organisations are getting quotas and account targets out a month late or more.
The report also states that delayed sales plans is one of the reasons that companies miss their revenue targets. This highlights the importance of efficient hiring processes to ensure teams are fully staffed and equipped to meet their goals.
Reach out to our team if you’d like to discuss more about how executive search could help your business.