Executive Search: Forging Your Leadership Legacy

NLB Services has been in business for over 15 years,  we have a team of highly skilled and experienced professionals who can help you with a wide range of business services.

We are committed to providing the best services to our clients when it comes to workforce hiring. With a customer-centric approach, we take the time to understand your specific needs and goals, and we work closely with you to develop a solution that meets your requirements. We also offer a variety of flexible engagement options, so you can choose the solution that best suits your budget and needs. We offer our services at competitive rates, and we are committed to helping our clients save money.

In the general scenario, the more complex and rare the role, the longer it will take to find a qualified candidate. Additionally, larger companies and companies in highly competitive industries often have longer hiring timelines.

Ultimately the speed of the search comes down to how quickly you want to fill the position and are able to interview the shortlisted candidates, take the call, share the offer with the selected candidate, and then come to an agreement on all the terms. 

We ensure that no last-minute changes happen and also we try to reduce the notice period as much as possible so that the candidate can be onboarded as soon as possible.

We take client confidentiality very seriously which is why we ensure that all searches and candidates talked with are never intended to be disclosed to nobody but the clients themselves. The reason why most of the senior level vacancies are not advertised anywhere is due to certain reasons including confidentiality.

In the same line, the majority of our executive searches are conducted on a confidential basis to varying degrees, unless the client wishes otherwise.

There are two main types of executive searches: Retained and Contingency.

Retained executive searches are the most common type of executive search. In a retained search, the client company pays the search firm a retainer fee upfront, regardless of whether or not they hire a candidate through the search. Retained searches are typically used for high-level executive positions, such as CEO, CFO, and COO. 

This is because retained searches are more expensive than contingency searches, and client companies are typically willing to pay more for a more thorough and comprehensive search for these critical positions.

Contingency executive searches are only paid for if the client company hires a candidate through the search. This means that the search firm has a vested interest in finding the best possible candidate for the role, as they will only be paid if the client company is successful in making a hire.

Contingency searches are typically used for lower-level executive positions, such as director-level and vice president-level roles. This is because contingency searches are less expensive than retained searches, and client companies are typically more cost-conscious when hiring for these less critical positions.

The type of executive search that is right for you will depend on your specific needs and budget. If you are looking for a comprehensive and thorough search for a high-level executive position, then a retained search is the best option. If you are looking for a more cost-effective option for a lower-level executive position, then a contingency search may be a better choice.

Still have questions? Get in touch with us. NLB Services can help you through its customized Executive Search solutions. Visit our Contact Us page and fill up the inquiry form or write to us at info@nlbservices.com for more information.