Contingency Vs. Retained Recruiting Contracts

As a job seeker, working with the headhunter and subsequent executive search firm can be very rewarding and can be a supplement to the job search or could prove to be a waste of the job seeker's time and, money in the form of opportunity cost.

Therefore, here are some tips for the job seeker who are working with headhunters and executive search firms for the 1st time in order to find a job they want and, use the staffing agencies to their full effect.

First, know how staffing agencies work. Most recruitment companies work on what is called either a contingency or retained executive search agreement with their clients. Never engage in the recruiting engagement with the headhunter that charges job applicants regardless of what that recruiter promises.

Contingency recruitment and executive search contracts are where a hiring company will engage multiple search firms to find them the employee that they want and, the recruiting firm who ends up staffing that particular employee is the one that gets paid and the other headhunters do not get paid for the search.

A contingency recruiting contract is quite advantageous for the hiring party as they could see as many job seekers as they want without having to pay. For the job seeker working with a contingency recruiter, there there are some disadvantages as in more job seekers tend to be interviewed for one single position as opposed to the number that are interviewed for a brick trained recruitment contract position.

It is for this reason, as the owner of executive recruiting agency that job seekers tend to work with retained search firms. Defined, are retained recruiting contract is when a particular staffing agency has exclusive rights on the particular job and, therefore not as many job seekers end up interviewing for the position.

Retained search firms also tend to be a little bit more procedures and tend to have headhunters that are not going to pressure anyone into taking a particular job which is a big red light upon being recruited for any type of position.

About the Author:
Ken runs Headhunter Recruiter Executive Search Firm Staffing Agency Head hunter Recruiter

media recruiters NYC media headhunter Los Angeles media staffing agency Chicago Media Recruiting Firm

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Article Originally Published On: http://www.articlesnatch.com

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