Posts Tagged ‘What You Should Know’

Why a “Retained Search”

May 2009

The retained search commits both parties to working with each other. It makes the recruiter “accountable” to the client for results.

It affords the recruiter the opportunity to get to know the client better. It enhances the recruiter’s ability to understand the corporate culture and personality, it’s goals and client base, as well as identifying and targeting new clients.

It insures that the recruiter will find the best employee with the best “fit” for the client company. In a contingency arrangement, the recruiter will likely place the candidate in the company with the fewest barriers to hiring, or the one paying the higher fee or starting salary, simply to improve their income. Contingency recruiters will frequently “migrate” to the opportunities that will pay them the fastest. The retained recruiter identifies the proper candidates for his client, then recruits those candidates and supports both through the hiring process.

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Why a Retained Search (PDF)

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What You Should Know About Recruiters

May 2009

At some point in your career—probably sooner rather than later—you will be dealing with recruiters (a/k/a headhunters). You may be looking for a new position for yourself (active-ly or passively), or you may be hiring and looking for recruiting help. In some cases you may be doing both at the same time. In any event you’ll find a basic knowledge of recruiters valuable as you manage your career.

The first thing to note is that recruiters come in different flavors. Some work on retainer only–they take money (retainers) from clients to fill specific positions. This means their com-mitment and loyalty are to the client and not the candidate. In effect, they care less about which candidate is hired than about making sure he or she is the best person for the job. They also realize, however, that a candidate spurned by one client for one position could become the lead candidate for another search assignment for another client.

Typically firms working on retainer recruit from a target list of competitors and assem-ble a “short list” of prospective candidates who are interested, affordable, and (if relevant) relo-catable. Each candidate has been evaluated on the basis of such criteria as industry/market knowledge, leadership skills, and record of performance. This short list may be as few as three candidates or as many as six. The client then interviews these recommended candidates over a week or two period and selects the one who best fits the position requirements and company culture. In many cases interviewing takes place linearly—as candidates are evaluated and rec-ommended by the search firm—and not in one intense, multi-candidate time frame.

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What You Should Know About Recruiters (PDF)

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We encourage you to download these articles if you find them of value.  We suggest you to share them with other members of your hiring team, as you see fit.  We also encourage you to contact the author of any of these articles for any additional information and/or insights.

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