Executive search is the process of attracting already employed highly skilled and experienced senior managers and executives, so as to place them confidentially in C-suite positions at competitor firms. This work tends to be accomplished on a long-term retainer basis.
Executive search focuses on filling high-level senior roles, by making use of proactive and targeted search methods and a broad, well-developed network. Contingent hiring, on the other hand, is the process of filling lower-to-medium level roles, with a focus on speed and cost-efficiency. Considerably more CVs are gathered in the process, and it involves placing online adverts, rather than utilising a word-of-mouth network.
Factors influencing executive search retainer fees include:
Retainers can be billed for in three stages (upfront of 25-230%, after shortlist presentation of 40-50%, and upon successful placements, of the balance of 25-30%); on a monthly basis (which works well for open-ended searches or multiple hires over time); and milestone-based retainers (in which payments are tied to specific achievements in the recruitment process, e.g. shortlist delivery, completion of final interviews, offer acceptance, and start date).
While subjective according to requirement, Korn Ferry, Heidrick & Struggles, and Egon Zehnder are considered your go-to executive search options within the global arena. Their impressive taglines are:
A current executive search recruiter role advertised on the Executive Placements jobs portal requires “a dynamic and results-driven recruiter, with a proven track record in global executive search”. This highly motivated individual, with a “minimum of 10 years’ experience at a recruitment company” will be required to “partner with top-tier global organisations” so as to identify and secure C-suite and senior executives across international markets.
Those applying will require an enviable level of ambition, “a strong network, exceptional research and sourcing skills, and the ability to engage with world-class leaders”.
Key responsibilities range from:
A career in executive search requires a higher level of interpersonal and professional skills, than an specific academic qualification. That said, a bachelor’s degree in a field such as business, human resources, and/or psychology can stand a candidate in good stead if they are able to transfer what they’ve learned during their degree to the communication, networking, and analytical abilities of the role at hand.
Ideally, before moving into the executive search niche, you should:
This LinkedIn Pulse article, “Recruiting Scenes from Famous Movies”, provides nine short YouTube clips from clever films that focus on hiring-related inspiration. It puts into perspective some of the mistakes you may be keen to avoid.
While the entry-level remuneration to be expected at an executive search firm is generally around R376 000 per annum, a senior and vastly skilled executive search recruiter can earn as much as R1 017 000 on an annual basis – excluding any bonuses or commission structures (usually around 30 to 35 percent of revenue generated).
Additionally, some firms offer bonuses based on factors like personal revenue and profit-sharing – often for those in high-stress leadership or managing partner roles.
You should ideally plan to attend a variety of the following local and international events:
© Copyright 2025 Executiveplacements.com All Rights Reserved.