How do you balance the interests of the client and the candidate in a negotiation?
Negotiating an executive search assignment is a complex and delicate process that involves balancing the interests of the client and the candidate, as well as your own as a recruiter. How can you ensure a win-win outcome that satisfies all parties and builds trust and reputation? Here are some tips to help you master the art of executive search negotiation.
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Expand the pie:Negotiations can turn into a tug-of-war if you're only focused on dividing existing resources. Instead, think creatively to expand the options available. For instance, if salary is capped, explore benefits or flexible work arrangements that add value for both sides.
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Communicate creatively:It's not just what you offer, but how you frame it. Use positive language to present options. For example, instead of highlighting a budget limit, emphasize additional benefits offered, making the package more appealing while staying within constraints.