If you are looking to hire an executive to work for your real estate agency or real estate investment firm, then you might be planning on working with a real estate executive recruiting service. After all, working with one of these companies can help you find the right executive to work for your company without doing nearly as much work and without taking nearly as much time.
There are a few different things that you will need to talk to the recruiter about, such as the type of position that you are hiring for. You will also probably want to talk about the compensation package that you are planning on offering the new executive that you hire. If you are wondering why you should bring up this type of thing when talking to a recruiter, consider the reasons below.
Get Advice About Putting Together the Right Compensation Package
You might have an idea in mind about the type of salary that you want to offer the new executive that you hire, but you might not be totally sure that you have put together the right compensation package. Alternatively, you might not really have any idea how much you should pay the new executive, since your company might have never had someone in this position before.
Someone from a real estate executive recruiting service will typically have a lot of experience with the compensation packages that various companies offer for those who will be working in executive-level positions. Therefore, they can give you some advice about what the average salary is for a similar position in your area. They can also talk to you about other aspects of your compensation package that can help your business compete with other companies, such as the number of paid vacation days that you should offer.
Use the Compensation Package as a Selling Point
If your real estate executive recruiting service knows how much you intend to pay the executive that they find, they can use this information to help attract great candidates for the job, as long as you are offering a generous compensation package. This could help you generate more interest from the best possible candidates, and it might help you find the right executive a lot more quickly, too.
As you can see, if you haven't yet discussed compensation and salary with your recruiter, then you should think about doing so for the two primary reasons listed above.