Following are answers to the most frequently asked questions regarding the
executive recruiting process and our services:
QUESTION: HOW WOULD UTILIZING ROGER FIEHN & ASSOCIATES EXECUTIVE
SEARCH SERVICES BENEFIT MY COMPANY?
ANSWERS:
- We know where and how to locate the most qualified candidates and what
it will take to interest them in making a move.
- Your company can continue operating its business without the staff
disruption, time and expense conducting an effective in-house search
demands.
- Utilizing our services reduces your risk and liability of
unintentional non-compliance regarding confidentiality laws, EEOC and ADA
regulations.
- While the search is underway we can provide "Interim Executive"
services that provide continuing hands-on leadership minimizing potential
disruption of your company's key operational activities.
QUESTION: WHY DO SOME COMPANIES ATTEMPT TO CONDUCT THEIR SEARCHES
IN-HOUSE?
ANSWERS:
- They believe they can conduct a search in less time and for less
expense than utilizing a professional search firm. In reality very few
companies have the:
- TIME... many searches require up to 3 months to reach the maximum
field of candidates
- RESOURCES to reach the most qualified candidates many of who
will not be actively in the job market
- PATIENCE to administer a thorough screening process ensuring the new
executive will embrace your company's philosophies, culture and
operating environment.
QUESTION: HOW CAN ROGER FIEHN & ASSOCIATES HELP US KEEP OUR
RECRUITING COSTS UNDER CONTROL?
ANSWER:
- Most "Headhunters" work on a contingency basis meaning they get
paid only if they place a candidate. They typically must charge clients
from 25% to 33% of the new employees first year compensation package (plus
expenses) to absorb costs of the searches they don't place. Because Roger
Fiehn & Associates works on a retained basis we can provide "Basic"
professional recruiting services for a fee AS Low AS 9% of the new
executives estimated first year compensation (base, benefits and estimated
incentives) package. Or, if your situation is very complex and requires a
"Turnkey" (full service) search our fee is a low 18% of the first
employment year estimated compensation package (plus minimal search
expenses) and can save you as much as 16% over fees charged by
"Headhunters".
QUESTION: WHY DOESN'T ROGER FIEHN & ASSOCIATES CONDUCT "CONTINGENCY"
SEARCHES?
ANSWER:
- "Headhunters" have a tendency to introduce a great number of
candidates (many of whom may be marginally qualified) to a client hoping
that one of their candidates will be hired before the client hires a
candidate presented by another "Headhunter" or locates a suitable
candidate on their own.
Because the "Headhunter" has no assurance of recovering any of the
substantial expenses incurred in implementing a thorough search he/she
usually restricts the search to resumes already on file with little effort
or expense invested in locating other candidates. This does not give you
the advantage of a broad reach to all potential qualified
candidates necessary to identify and attract the very best.
QUESTION: HOW DO YOU PRICE YOUR SERVICES?
ANSWERS:
- We design a recruiting program and price based on your urgency, extent
of services requested and budgets. Most searches fall into the following
categories:
-
"GENERAL EXECUTIVE SEARCH" This
approach reaches candidates whose qualification fit your profile and
uncovers unannounced candidates in the local, regional and national
markets and Includes:
- Level One Reference checks as well as Computerized Behavioral
Study to ensure the candidates "chemistry" is congruent with your
company philosophies.
- Web site, e-mail, direct mail, fax and phone promotion of your job
opportunity to over 1500 industry insiders to identify candidates
whose credentials closely match your requirements.
- Preliminary screening of all resumes to narrow the field to only
the most qualified candidates
This very cost effective approach is designed for companies
wishing to conduct their own detailed in-house screening, interviewing,
and employment agreement finalization but to a limited field of
candidates thus streamlining the recruiting process saving time and
money. Our fee for a "General" Search is only 9% of the new executives
first employment year estimated compensation package. A 4.5% retainer
(minimum $4800.) is required to launch the search with balance (minimum
$4800.) due upon a successful placement
-
"TURNKEY SEARCH" This approach encompasses
a complete program of aggressive recruiting, screening, behavioral and
technical competency evaluation, face-to-face interviewing and reference
checks designed to isolate the top three or four candidates currently
available in the marketplace for your evaluation and selection. All
elements of the "General" search are utilized in addition
to:
- In-depth candidate screening and credentials verification
- Face-to-face candidate evaluation with one of our professional
interviewers to ensure candidate presents himself/herself in a manner
consistent with your behavioral requirements
- Guidance in negotiating employment agreement including
compensation package, benefit, and relocation issues
- Guarantee new executive for 90 days or replacement at no
additional fee (expenses only)
Our fee for a "Turnkey" Search is only 18% of the new executives
first employment year estimated compensation package. A 9% retainer
(minimum $9800.) is required to launch the search with balance (minimum
$9800.) paid upon a successful placement. Miscellaneous recruiting
expenses incurred (normally 3% to 5% of the compensation package) are
invoiced at NET and due monthly for the duration of the search.
Clients tell us that they have realized savings of 11% to 18% over
most "Headhunter" fees for similar services in conducting a "Turnkey"
search.
QUESTION: IF WE ENTER INTO A RECRUITING AGREEMENT WITH ROGER FIEHN &
ASSOCIATES, THEN DISCOVER THE RIGHT CANDIDATE ON OUR OWN OR THROUGH ANOTHER
SOURCE, CAN WE EASILY TERMINATE THE AGREEMENT?
ANSWER:
- Yes! Unlike many recruiting firms, we expect to be compensated only
for work we have actually completed. If you locate the perfect candidate
outside our services, just fax or e-mail us a copy of the new executives
executed employment agreement. We will immediately stop all recruiting
activities and issue a final invoice (if "Turnkey" search) for activities
completed through the date notice is received. You will have no further
obligation.
QUESTION: WHAT DO WE NEED TO DO TO LAUNCH OUR SEARCH?
ANSWERS:
- To implement a "General Executive Search" you need only provide us with a
comprehensive Position Description initially. We will then work with
you to develop a targeted compensation package consistent with the market
and interviewing strategy to ensure you receive only the very best
candidate.
- To implement a "Turnkey" search, in addition to the Position
Description, we will also need to become familiar with the following
information:
- Brief history of your Company.
- Mission Statement.
- Organizational chart.
- One and three year Company goals, i.e. Revenue, expansion plans, new
markets.
- Target compensation plan for your new Executive.
QUESTION: WHY HAS ROGER FIEHN & ASSOCIATES EMERGED AS THE INDUSTRY'S
EXECUTIVE RECRUITING FIRM OF CHOICE?
ANSWERS:
- CREDENTIALS...Our networks of professional recruiters are known
by executives of many of the nations most respected, well managed and
profitable companies. Executives considering a change seek us out due to
our business relationships with the National Association of Home Builders,
National Association of Realtors, Urban Land Institute and our "Builder
100" clients.
- CLIENT SERVICE...We take our responsibility to our clients
seriously and work very closely with all decision makers to ensure an
informed final selection and smooth transition.
- COST EFFECTIVENESS...By working on a "retained" basis we are
able to keep our cost of marketing and overhead low passing the savings
through to you.
CONCLUSION: We trust this summary has answered many of
your questions and prompted many more. Please fill out the form below or
E-mail us to further discuss your
specific needs. We will be pleased to prepare a proposal designed to
locate the perfect executive for your company at the lowest possible cost.
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