How to choose the right executive search partner

Companies looking to hire executives for their organisation are faced with a challenging task in determining which recruiting firm to engage, as executive search is basically non-existing in Romania. It is a fact that hiring a wrong executive is a costly affair, estimated to be between 3 to 5 times of the executive’s salary. And the damage caused by employing a wrong person for a strategic position goes far beyond financial figures. So how can a buyer, with no prior experience of working with executive search firms determine the difference between the various providers on the Romanian market and thereby obtain true value for money?

A guest post by Ulrik Rasmussen, Partner with Pedersen & Partners Executive Search