Executive recruiters are hired by businesses to locate, research, and interview candidates for hard-to-fill employment positions, mainly at the junior to senior management level. Such recruiters work for executive search firms and are paid by clients on a commission basis, or flat fee. There are approximately 10,000 executive recruiters employed by search firms located throughout the United States.
Minimum Education Level
Executive recruiters are paid well for their efforts. Contingency recruiters, who get paid only if their candidate is hired, typically charge a fee from 25 percent to 35 percent of the candidate's first-year cash compensation.
Retained recruiters average fees of one-third of the candidate's first-year cash compensation. Any expenses incurred by the recruiter are usually paid by the emplo...
Many recruiters work 50 to 70 hours a week; it is not uncommon for recruiters to spend several days a week on the road meeting clients, interviewing, or doing candidate research. Also, aspiring recruiters should expect to spend most of their day on the phone.
The executive search industry should have a good future. The era of company loyalty and employment for life is over in the corporate world. Many savvy workers campaign aggressively and will transfer given a larger salary, improved benefits, and stock options—in short, a better employment future. Employers, on the other hand, realize the importance in having qualified and experienced employees a...