You’re reading this article, so you’ve probably figured out that you could benefit from the services of an executive search firm specializing in the natural products industry. Maybe you’ve had problems finding the right person for your key executive slot; maybe you’ve had the unpleasant experience of hiring someone who turned out to be a bad fit with your company.
Still, you may hesitate to use a nutraceutical recruitment firm, because of concerns about whether such services are worth the expense. Let’s talk about this common concern and offer up three reasons why a nutraceutical recruitment firm is a good investment.
1. Eliminate the hidden costs of recruiting
The cost of hiring key talent is not simply the price for an employment ad or an internet posting. Factor in the salary and benefits of your in-house recruiting staff, plus those of other key managers involved in the hiring process. When key staff spend significant time helping you find the right person for the job, it’s time not spent on other projects and activities that generate sales, profits, market share and a bigger customer base.
However, when you work with a firm such as ours, we do the hard work to find that right person so your key managers aren’t diverted from important initiatives. Companies turn to us to cut out the work of sorting through hundreds of unqualified resumes and seemingly unending interviews.
2. Reduce the high cost of a bad hire
Experts have studied the cost to a company for a bad hiring decision. Shockingly, they’ve found that the cost of a failed hire is at least four times salary and bonus! A Harvard Business Review study found that 80% of employee turnover is due to bad hiring decisions. You can pile up surprising costs in time and money for recruiting, choosing, training, and managing people who prove the wrong fit for your company.
A good nutraceutical recruitment firm brings years of expertise and thousands of connections to bear on your hiring process, so the chances of selecting the wrong person are greatly reduced. We spend lots of time talking with you to make sure we understand your requirements; oftentimes we find this process also helps our clients better clarify for themselves what kind of person they need.
3. Cut down on new hire integration time
When you hire key executive talent, you want him or her to hit the ground running so you don’t lose that competitive edge or increase the time to market for your new product. Yet, bringing in second- or third-tier talent means you’ll likely spend more time with the new hire to get them up to speed.
If you work with us, we’ll deploy Our Dimensional Search® process and create a unique profile to match every candidate’s skill-set to your job requirements, their past experience with your future expectations, and their management style to your corporate culture.
Join the thousands of companies around the world who have learned that the services of the right nutraceutical recruitment firm are a valuable investment – because top executive talent is often the critical piece you need in your drive to higher sales, greater innovation and increased profits. How can we help you find the best person for your job opening?
