For all those of you who have never worked with them, recruitment agencies are a good mystery. What do they actually do? Are they any great? What are they to start off with? Businesses? NGOs? Employers? Governmental organizations? So quite a few questions… So let’s clear the air a bit.
1st of all, recruitment agencies are providers – fundamental and ordinary companies that have workers, that spend taxes and that make profit (or at least try to because the niche is very difficult and competitive). On the market there are a few international higher rollers that are present in numerous countries (like Lugera & Makler, Adecco, Trenkwalder), a handful of modest agencies that specialize on a niche, are great at it and in fact make profit (like SAP recruitment) and several other folks which try to survive (but most of the occasions don’t).
A recruitment agency covers mainly two simple activities: helps candidates obtain a job and helps other organizations obtain very good candidates for the open positions they have. So they are a mediator on the marketplace in between candidates that search for jobs and organizations that search for candidates. Most agencies (I use “most” because all of these we have worked with did it, but I can’t bet that all in the globe are in the very same scenario) present mainly cost-free solutions to candidates and get paid by companies only.
To a candidate, a recruitment agency offers the following services (fundamental services are free):
– Receiving their resume and inserting it in a database which aids search for candidates with a specific skill for agencies operating on the identical industry, competition is enormous due to the fact they finish up ultimately with a related database, so winning the client gets tougher also, modest inexperienced agencies cannot compete with huge ones which currently have a huge list of candidates that they can search in minutes
– Helping the candidates make a expert resume (often paid service)
– Assessing the candidate’s expertise by applying tests (IT, language, qualified psychological tests) or throughout interviews
– Offering improvement ideas (in some cases paid service) and supplying to consist of them in coaching or coaching sessions (also largely paid service)
– Sending the candidate’s resume to employers who have open positions, according to necessary expertise (totally free service mainly)
– Supplying the candidate feedback in case of rejection or mediating the salary offering course of action (largely totally free service).
To a firm, a recruitment agency presents the following services:
– Search resumes in their database
– Post advertisements on appropriate recruitment channels
– Interview and test candidates
– Propose the ideal candidates for the out there positions
– Replace candidates for totally free if candidate leaves or is being fired (on candidate’s fault) within a specific time limit (3-6 or even much more months based on position)
How does the hiring approach perform?
1. The client of the recruitment agency opens a position and gives it to one particular or a number of recruitment agencies, based on internal needs, policies or depending on the signed contract in between the two parties
2. The client may be essential to spend an advance fee (utilised for posting advertisements or for initial time spent on interviews). Charge is not returned. Based on initial agreement, this charge could be skipped and a final good results fee paid rather (only if agency manages to fill the position with the appropriate candidate)
3. Agency posts ads, selects resumes, interviews candidates
4. Agency delivers a final list of prime candidates to the client
five. Client interviews final candidates and provides one particular or many
six. If position(s) is (are) covered, taxes are paid and process stops else, recruitment approach starts again. If a number of agencies operate on the exact same position, the first one to fill it gets the cash. The rest just waste time.
A recruitment agency functions just like any other company. yoursite.com is a service provider. Its employees are recruiters (the men and women who do the actual recruitment and choice), sales men and women (who search for customers and sign contracts – from time to time in smaller agencies sales individuals are also recruiters) and assistance persons (like finance persons, developing maintenance, drivers, any other internal position required for a corporation to perform efficiently).