by Carl Formby
All about the basics of actuarial work and employment, including banking employment, insurance actuaries, accounting actuarial work and more
Executive search firms can be a wonderful resource for those wishing to change positions. If you are currently working, it is always best to try to find a new position before leaving your old position. That way you have time to find the job with the best fit for you. However, many people do not want their current employers to know that they are looking for a new position. This is where executive search firms come in.
Executive search firms can help you to search for the perfect opening while keeping your job search a secret from your current employer. Good search firms will not charge you as they are usually paid by the companies who get their employees through them. The will also only pass on your information to companies you agree should have your information. That way your current employer will not see that you are searching for a job, and potential employers will not get flooded with your resume. Unlike posting your job on a job search engine, only those you wish to have your resume and contact information will receive it from search firms.
Executive recruiters also have access to positions that are not listed on job search websites or in the want ads. They help to sort through the applicants that are interested in a position so that the companies only have to look over the most promising candidates to fill the position, thus saving the company a lot of time that would otherwise be wasted looking through the information submitted by unqualified candidates. This is what companies pay search firms for.
Sometimes search firms also contact people that they think would be good for a position even if they haven’t expressed an interest in leaving their current job. In some cases this leads to an employee changing jobs, giving the company access to a candidate for a position that they might not otherwise have heard about.
Once you work with an executive search firm to find a position, they will usually keep your resume on file and contact you from time to time to be sure you are still happy in your position. They also might ask if you know of anyone who might be looking for a new positionFind Article, and sometimes the search firms will pay a referral fee to people who refer likely candidates to them.
ABOUT THE AUTHOR
carl formby owns and operates http://www.actuarialjobsfair.com, a site filled with information about how to get an Actuarial Summer Internship, among other job opportunities.