Learn about actual and potential costs
How much should I pay for Executive Search Services?
What is the average price of Executive Search Services?
This procurement report includes pricing information to help you purchase Executive Search Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Executive Search Services been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Executive Search Services yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Executive Search Services?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Executive Search Services with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Together, the four largest executive search service suppliers generate less than 25.0% of total market revenue, indicating a low level of market share concentration. About 5,800 suppliers offer executive search services, and the majority of suppliers employ fewer than five full-time workers. Low market share concentration is a result of... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What checks and balances are in place to ensure that my hiring needs have received a thorough evaluation?
How do you balance quick turnaround times with the need to locate the highest caliber professionals?
Do you offer dedicated account managers to track the progress of my search and provide feedback?
How do you measure the quality of a placement?
What new solutions have you introduced to address issues brought on by the coronavirus pandemic?
Have you instituted prescreening procedures related to the coronavirus for candidates?
Who at your firm will be leading our search efforts and what are their qualifications?
What types of training and certification do you offer your recruiters?
What qualifications do your staff recruiters have?
Do you conduct background checks on your own employees?
How do your recruiters develop and maintain their networks?
What value-added services related to employment and human resources do you provide?
Do you offer discounts for bundled services? If so, what are the terms?
What partnerships do you have? How do your clients benefit from these relationships?
Are you looking to expand upon your service offerings during the next three years? How so?
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Key elements for every RFP
What should my RFP include?
Buyers should disclose their budget for the project, if possible.
Buyers should state their preferred pricing model and terms of payment.
Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.
Buyers should evaluate vendors on the experience and qualifications of the firm and the staff assigned to the project.
Buyers should evaluate vendors' capacity and ability to meet the scope of the work.
Buyers should evaluate vendors based on their projected costs and the pricing models they use.
Buyers should evaluate references from vendors' previous clients.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should outline when proposals must be submitted.
Buyers should communicate to prospective suppliers when bid awards will be posted.
Buyers should state when the staffing services should begin.
Buyers should outline the length and terms of the contract and cancellation policy.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Executive search service providers face a low level of upstream supply chain risk. Wages are the largest, most influential input cost for suppliers. Therefore, other inputs pose little threat of supply chain risk to overall business operations. In addition, despite the tariffs the Trump administration levied on billions of dollars'... Subscribe to learn more.