The President’s Club gathering in Phoenix may have been amazing, but this new request was a task that you could throw yourself into, rather than wallow in frustration at the non sales numbers that were going on in your office. When you turned a low priority deal into a signed deal, your boss and the president of the company personally called you to make sure that you knew your efforts were appreciated.
In fact, things were going pretty well at work, and you thought that you were in a good place in your career. That was before you received phone calls and emails from the job placement agency.
You never really knew that you were looking for a new job until two different executive HR search firms contacted you in the same week. The fact that two different human resources executive recruiters selected you from a large pool of candidates really pushed you into reconsidering your current job and how that was going. When you found out from two different executive HR search firms that you were a viable candidate for these positions that came with a much larger benefits package, you began to reconsider your current situation.
Executive Search Firms Provide a Variety of Services
Many executive staffing agencies offer their services to help their clients find the best employee for an important opening they may have, but then those agencies are on their way to working with the next client. A far better business model and offering is to help clients understand the things that need to be in place to make sure that the new hire does nor become, frustrated, disconnected, and willing to entertain the next offer that is presented from a competing company.
Consider some of these statistics about the challenges that occur when it comes to executive searches and the retention of key employees:
- Only 20% of workers believe their manager is doing a good job of encouraging them to do their best work, according to a Gallup poll.
- 60% of Millennials, sometimes called the “Job Hopping Generation,” indicate that they are open to a new job at any given time, according to a 2016 Gallup poll. This makes Millennials more job mobile than any other generation.
- Executive HR search firms also play a role in the 86% of companies with employee recognition programs that cite an increase in worker happiness.
- Representing a 25% increase compared to two years ago, 2.7 million workers voluntarily left their jobs at the end of June 2015,
- Gender-diverse companies are 15% more likely to outperform their peers, according to McKinsey?s research. In addition, ethnically-diverse companies are 35% more likely to do the same, according to the same research.
How satisfied are you with your current job? Sometimes finding out how much you are worth to different companies can make you reconsider your current employment situation.