When the name of the game is to find an individual to fill a key role within a company, many corporations will turn to a job recruiter. Essentially, a job recruiter is a person or firm that specializes in finding just the right person for the right position within a company or organization. In popular slang, a job recruiter is often referred to as a headhunter. Here are some facts about job recruiters, and when their services may be the ideal way to go.
One example of job recruiting involves the services of a retained recruiter. In this scenario, the job recruiter contracts with a company or organization to locate and qualify potential employees for the firm. With this type of recruiting, the job recruiter receives compensation, even if none of the candidates presented to the organization are eventually accepted and hired. Generally, a retained recruiter builds his or her business on good word of mouth after being able to successfully locate persons who are hired by the recruiter’s client and turn out to be perfect fits within the company. Pay for a retained recruiter may be based on a percentage of the starting annual salary for the position filled, or a flat fee that is spelled out in the agreement between the recruiter and the organization.
Another common example is the contingency recruiter. With this model, the job recruiter will not receive any type of compensation unless the job position is successfully filled by one of the recruits located by the recruiting efforts of the job recruiter. By far, this is the more popular of the two choices, as contingency recruiters usually do not require any sort of exclusionary agreement for services rendered. This allows companies to engage several contingency recruiters at one time, thus spreading the net wider in the search for the perfect job candidate. Often, the rate of pay for a contingency recruiter is calculated on a percentage of the annual salary associated with the filled position.
Both types of headhunters can be a great way for companies and other organizations to acquire quality employees without spending a great deal of time and resources in trying to locate potential employees. With a job recruiter handling the initial screen and qualification of persons who may be right for the job, the process of selecting the right candidate is greatly simplified. The savings in time and money to the organization are often well worth the fee paid to any job recruiter.