Job recruiters, often referred to as headhunters or employment agencies, are a valuable resource for businesses, allowing them to land qualified candidates even if they are not actively seeking employment. These firms invest all of their time and energy into finding employment opportunities. This is time the employer doesn�t have to spend researching candidates.
Recruitment firms offer benefits to both the employer and the candidate looking for a job. One benefit is that job seekers can gain access to high-level positions that normally are not openly advertised to the public. Additionally, the recruitment firm presents the candidate�s qualifications and credentials in a professional manner and often helps them negotiate compensation packages. The fact that many companies are impressed with potential employees who come with representation from a reputable firm increases the probability of a perfect match.
If a particular company needs a financial manager or a technology manufacturer requires a marketing specialist, a good recruitment firm offers a specially selected list of candidates who qualify for the position. After the employer looks over the firm�s list and makes a decision, the recruiter places a phone call to the chosen candidate and attempts to pique their interest in the employer.
Most recruitment firms work on a retainer or contingency fee basis. Their fees are generally based on an estimated one third of the new employee�s annual salary. There are however, some cases where the firm accepts all or portions of their fee in the terms of equity in a flourishing organization.
Despite the close association, you should always remember that there is a difference between an employment agency and a recruitment firm that connects candidates with potential employers. Some candidates prefer to use firms paid for by prospective employers opposed to paying for placement, a move that tends to work out for both parties.
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This article was written on behalf of Martin Ward Anderson who provide finance recruitment for
accountancy jobs and
banking jobs
