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Based on the most helpful WSO content, here are some insights on the timing for engaging with headhunters (HHs) for off-cycle recruiting:
Initial Contact: It's advisable to start talking to headhunters as soon as possible after they reach out to you. This ensures that you are on their radar and can get your foot in the door early.
Preparation: Before engaging with HHs, make sure you have a clear idea of what you want. For example, if you're interested in MFs based in NY and ideally focused on Healthcare, be ready to articulate that.
Timing for Off-Cycle: Off-cycle recruiting can be more flexible compared to on-cycle. However, it's still important to be prepared and proactive. Since you are looking to move in early-mid 2025, starting your conversations with HHs in late 2024 or very early 2025 would be prudent. This gives you ample time to network, prepare your CV, and understand the market.
Networking: Use the time leading up to your desired move to network with associates across the street and build a solid foundation of work that you can speak to during your interviews.
Technical Skills: Ensure you know your technicals and can complete model tests with no issues. Having deal experience and being able to discuss it confidently will also be crucial.
In summary, start your conversations with HHs as soon as possible, ideally by late 2024, to ensure you are well-prepared for a move in early-mid 2025.
Sources: Off Cycle Recruiting Stories, Fashionably Late: 6 Steps for Off-Cycle Recruiting, My on-cycle experience / guide, My (successful) experience with on-cycle this year, Fashionably Late: 6 Steps for Off-Cycle Recruiting
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