Executive Search

See how a global organization used IQTP's executive recruiting to build out its engineering leadership and to find a visionary to manage its worldwide talent acquisition needs.

Location

International

Industry

Financial Services Software

Size

Over 1,000 Employees

IQTP Hires

Senior Vice President, Global Head of Talent

Length of Engagement

10 months

Services

Executive Search

The Company

This large, privately held company offers a platform for secure communications within the financial industry. Valued at over $1 billion, it provides solutions for easily sharing information among portfolio managers, analysts, share traders, and company leaders, allowing them to collaborate and stay connected in real time.

The Challenge

Extreme growth and changing geography: Founded five years ago, this company doubled its customer base over the last two years. It needed to find a Global Head of Talent as well as an engineering SVP quickly, but because of the nature of a fast-growing startup, the job descriptions were changing throughout the search process. The company needed an executive search partner who could pivot quickly yet still find top talent effectively. Knowing these searches could change significantly throughout the process, the company did not want to partner with a traditional search firm who would charge additional fees each time a substantive change was made to the search.

The IQTP Solution

Extreme growth and changing geography: Founded five years ago, this company doubled its customer base over the last two years. It needed to find a Global Head of Talent as well as an engineering SVP quickly, but because of the nature of a fast-growing startup, the job descriptions were changing throughout the search process. The company needed an executive search partner who could pivot quickly yet still find top talent effectively. Knowing these searches could change significantly throughout the process, the company did not want to partner with a traditional search firm who would charge additional fees each time a substantive change was made to the search.

At IQTP, we pride ourselves on being flexible.

Because we augment our client’s team, we form a genuine partnership and are dedicated to their success. If that means we must make a hundred changes to the search, that’s what we’ll do.

IQTalent Partners Executive Recruiter & Engagement Leader

With salaries for these two roles at nearly $300,000 each, plus fees charged for a substantive pivot within a search, a traditional contingency or retained executive search firm would have billed the client $250,000 or more.

With the IQTalent Partners on-demand model, the executive search was adaptable and productive, billing the client less than 25% the cost of a typical search firm. We saved our client $200,000 and provided effective results, in less time, with more value than another firm could attain with the traditional executive search approach.

Savings are exponential when using the IQTalent Partners methodology. Our billable hours model is a fee for time structure. In traditional search firms, as salaries increase, fees increase. For our clients, the greater the salary of an executive, the more valuable our model becomes.