Background: A Challenging Market for Executive Recruiters
In the Philippines specifically, the hunt for the top talent is executed in one of the world’s most competitive job markets for executive search. The Philippines has a unique combination of drivers behind its competitive market for talent that rarely all come together in one place. Not only is the Philippines one of the world’s fastest growing economies fueled by a strong domestic market, but it also has one of the world’s fastest growing outsourcing and offshoring industries as well. Furthermore, it is a ripe, new playing field for multinational corporations who have been entering its local market to provide products and services to a new wealth of local consumers and businesses alike. This mix of factors sees an unprecedented grab for the skilled Filipino talent to be placed in leadership roles by both Filipino companies with their rapidly growing domestic demand, and international companies who hire in the Philippines for their offshore/outsourcing demand. Naturally they all want the best executive talent to work for their company, and accordingly they are all finding more sophisticated ways to attract and retain this talent, often using executive search firms in Manila.
Why it’s Crucial to Get the Hiring Process Right the First Time
Filipinos can be proud to be recognized as some of the best talent in the world when it comes to a global workforce. They are the drivers of a strong domestic economy that is growing at unprecedented levels, and they are also the leaders and workforce behind international outsourced teams or teams within global centers of excellence established in the Philippines by multinational corporations. However, these Filipino leaders are now being sought out as candidates for new roles at an unprecedented level. They are being courted by executive headhunters and internal executive recruitment teams alike. If they are great candidates, it’s not likely you’ll find them through job ads or a simple LinkedIn search. You will first need to build trust and rapport while you stand out from the myriad of everyday recruiters who are calling them and getting turned away. More than ever now, the approach needs to be done correctly and must be attractive to the candidate. Because your top-level roles influence your people, your processes and your profits, it’s imperative to thoroughly plan every step of the way. Partnering with an executive search firm in the Philippines who knows the lay of the land, who has the market mapped and who knows the top leaders within sort after industries is the best way to attract talent in this candidate driven market. You need an executive headhunter in Manila who can strategically and powerfully source for you to ensure you don’t miss the best person for the job or become overwhelmed by the difficulty or nuances of a specialized search. You need an executive search recruitment partner who will give you a market-based understanding, as well as bridging the insight gap that so many local and international employers sometimes underestimate when seeking executive talent in the Philippines.