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How do Headhunters Work?

 

Author: Alison Ryan – Managing Partner Linkedin bio

Headhunters find senior leaders who are not looking for a new job. They research target companies, identify high performing executives and approach them discreetly about a specific role. In the UK, the hiring organisation pays the headhunter, and a properly run search usually takes 5 to 6 weeks to reach a shortlist.

That is the short answer. The rest of this guide explains each stage of the process, how headhunters differ from recruitment agencies, how they are paid and how to choose a good one.

Who this guide is for

Hiring a senior leader? This guide explains what a proper headhunt involves, so you can judge whether a firm is running one. If you would rather talk it through, book a confidential call with one of our Directors or ring 0207 160 6996.

An executive hoping to be headhunted? UK headhunters work for employers, not candidates, so you can’t hire one to find you a job. You can make sure the right firms know you. See the roles we are currently handling and register your details.

A note on the US. In America the word “headhunter” can also describe a career agent paid by the candidate. This guide covers the UK model, where the client pays.

The headhunting process, step by step

A retained executive search follows six stages. Here is what happens at each one and roughly when.

  1. Briefing (week 1). The headhunter meets you to understand the role, the business, the culture and what success looks like after 12 months. A good firm will challenge the brief where the market won’t support it.
  2. Research (weeks 1 to 2). Researchers map the target companies and identify the people doing the job well today. This is where headhunting differs most from advertising. The search starts from who is right, not who is available.
  3. Approach (weeks 2 to 4). The headhunter contacts each target discreetly and explains the opportunity. Most are happy where they are, so this stage takes skill and time. Interest has to be built, not assumed.
  4. Assessment (weeks 3 to 5). Interested candidates are interviewed in depth, face to face or on video, and assessed with psychometric and cultural profiling. References and motivations are tested early, not left to the end.
  5. Shortlist and client interviews (weeks 5 to 6). You receive a detailed report on each shortlisted candidate. The headhunter should offer to sit in on interviews and help you compare people fairly.
  6. Offer and onboarding. The headhunter manages the offer, the counter-offer risk and the resignation. Good firms stay in touch through the first months and back their work with a guarantee.

You should get a progress report at every stage. If a firm promises a “headhunted” shortlist within a few days, it has almost certainly searched a database or its own network instead. That has its place, but it is not a headhunt.

See how our executive search service works in more detail.

Headhunter vs recruitment agency

Many recruitment agencies say they headhunt. The two models work very differently.

Headhunter (executive search)Recruitment agency
Who they findPeople not looking to movePeople already looking
How they find themMarket research and direct approachAdverts, job boards and CV databases
Typical rolesBoard, director and senior leadershipJunior to middle management
Fee basisRetained, paid in stagesContingent, paid on placement
Time to shortlistAround 5 to 6 weeksOften 5 to 6 days
ExclusivityUsually the only firm on the roleOften several agencies competing
ReportingWritten report at each stageUsually CVs only

Neither is wrong. An agency suits roles with plenty of active candidates. A headhunter suits roles where the best people are already in post and need persuading.

How headhunters are paid

In the UK, the hiring organisation pays. Candidates never pay a headhunter.

Most executive search is retained. The fee is usually a percentage of the role’s first-year package, typically around 30% to 35%, paid in three stages:

  1. On agreeing the assignment
  2. On presenting the shortlist
  3. When the chosen candidate starts

Staging the fee pays for the research and approach work, which happens whether or not you hire. It also means the firm is committed to your role rather than spreading effort across many. Some firms offer a fixed fee instead of a percentage, so it is worth asking at the briefing.

How to choose a headhunter

The UK has thousands of recruitment businesses, and anyone can call themselves a headhunter. These five questions separate a genuine search firm from the rest.

  1. Are you accredited by the Association of Executive Search and Leadership Consultants (AESC)? AESC members sign up to a professional code of conduct covering confidentiality, quality and conflicts of interest.
  2. Who will actually run my search? You want the person you meet at the pitch to stay involved, not hand it to a junior.
  3. Can I see your target list? A real headhunt produces a research map of companies and people. Ask to see it.
  4. How do you assess candidates? Look for structured interviews plus psychometric and cultural profiling, not a CV and a phone call.
  5. What guarantee do you offer? A firm confident in its process will back it with a meaningful guarantee on the person placed. Ours is a 9 month free replacement guarantee.

Executive Headhunters is an AESC member firm and the exclusive UK member of EMA Partners International.

Planning a senior hire?

We have been headhunting senior leaders for over 30 years, with more than 40 offices around the world.

  • AESC accredited
  • Exclusive UK member of EMA Partners International
  • 9 month free replacement guarantee

Three ways to start:

  • Talk to a Director. Book a confidential 20-minute call to discuss the role, the market and how a search would run.
  • Get a quick market view. Send us the job description and we will tell you how many credible candidates are likely to be out there.
  • Call us. 0207 160 6996, or see your nearest office below.

Frequently asked questions

How do headhunters find candidates? They research the companies where suitable people work, identify individuals through industry knowledge, LinkedIn, published sources and referrals, then approach them directly by phone or message.

How long does headhunting take? A retained search usually reaches a shortlist in 5 to 6 weeks. The full process to a start date is often 3 to 4 months, mainly because senior people have long notice periods.

How much do headhunters charge? Retained fees are usually around 30% to 35% of the first-year package, paid in three stages. Some firms offer a fixed fee.

Do candidates pay headhunters? No. In the UK the hiring organisation pays the fee.

How do I get headhunted? Be visible in your sector, keep your LinkedIn profile current and build relationships with specialist search firms that cover your function. Headhunters look for strong track records, not job seekers.

Is a headhunter the same as a recruitment agency? No. A headhunter approaches people who are not looking. An agency mainly works with people who are already job hunting.

What roles are headhunters used for? Usually board and senior leadership roles such as CEO, Managing Director, Finance Director and Operations Director, plus specialist roles where the right people are scarce.

Speak to one of our Directors

Book a confidential discussion directly with one of our Directors to discuss the role you are looking to recruit.