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Let's make one thing clear right from the start - executive search firms, recruiters, and employment agencies are not in business to help you land a job. The recruiter is not your advocate, your friend, or your agent. Recruiters, employment agencies, and search firms are merely channels through which you may secure an opportunity for an interview! Contrary to popular belief, most executive recruiters do not "hold onto" your resume, look for opportunities that will suit you, and eventually contact you when they find a "perfect match." The process is much more immediate and transactional than that. If you happen to send your resume to a recruiter right at the time that they're conducting a search for someone just like you, then you're in luck and you might get an interview! But if the recruiter does not have an "open order" appropriate to your background at the time when he or she receives your resume, you'll usually be treated almost like you were "invisible" - and your resume will tend to "disappear." Unfortunately, you are not the most important thing on the recruiter's mind, which is why it's wise to contact your search firms periodically to "check in." When recruiters ignore you or reject you, don't take it personally! This is just the way the business works, and it's no reflection on you or your qualifications. I have worked with too many clients who get despondent when they don't hear back from executive recruiters. It's vitally important that you do not get "emotionally attached" to any recruiter, job opening, or prospective employer. On the positive side, recruiters and search firms can be quite helpful in your job search, as long as you know how to manage the process! But again, never forget that they work for the organizations that pay them to find candidates - not for you. In order to gain the most benefit from working with executive search firms, you must first understand the different types of organizations in the search industry: Placement Agencies that Charge you a Fee These agencies should be avoided completely. They collect a fee from you, the jobseeker, presumably in exchange for arranging the entire placement process with potential employers. They generally handle lower-level jobs. Many people have been "burned" by these types of agencies that charge you a fee, losing up to thousands of dollars. These types of companies prey on desperate job-seekers who have little or no other information at their disposal. So, always be sure to read any agreements before signing anything. Contingency-Fee Recruiters Contingency Recruiters tend to handle the low-to-mid level opportunities, with salaries generally below $75,000. They are paid a percentage of the candidate's salary - but only if they actually place a candidate. They are generally not paid anything unless a position is filled, and thus their primary business strategy is volume - to handle many assignments, refer as many candidates as possible to potential employers, and place as many people as they can in jobs. Think of contingency recruiters as working "strictly on commission," and competing directly with other contingency recruiters who are trying to fill the same spots. Therefore, contingency recruiters usually will not work closely with you to ensure the job is the best possible fit for you. You must take full responsibility for judging, filtering, and sorting the opportunities suggested by contingency recruiters. Retained Executive Search Firms Retained Executive Search Firms tend to handle the higher-level executive opportunities, with salaries between $75,000 and $500,000 or more. These are the classic "headhunters," who are granted an exclusive right to conduct a search on behalf of their client company and are paid their fee (or at least some of it) even if the search is unsuccessful. They are called "retained" because they work on retainer, much like a management consulting firm. Executive Search Consultants usually receive between 20% and 33% of the candidate's first year's salary. These types of Search Consultants generally play a more active and selective role in helping to frame job requirements, pre-screen candidates, conduct background and reference checks, and facilitate negotiations. They work very closely with the senior management over a period of years, getting to know the culture, preferences and staffing needs of their client companies. It is in the retained search firm's best interests to make sure a candidate really is an excellent fit for the industry, the company, and the specific position - because successful placements ensure that the firm will get additional search contracts from the same employer. General Guidelines When working with any type of executive search firm or recruiter, you must maintain control of them and their activities. In fact, even though the search firm is not working for you, I tell my clients to "supervise" the work of recruiters as though they were managing a group of employees. This means following some important guidelines:
About Author: Ford R. Myers, President of Career Potential, LLC, helps companies and individuals achieve maximum results through career development! He is also author of "The Ultimate Career Guide," the only comprehensive manual for career management and job search. For free career resources and assessments, please visit www.careerpotential.com.
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