Working With Employment Agencies Binghamton NY
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Working With Employment Agencies
You may be a job candidate who is considering seeking the services of a commercial employment agency. There are an estimated 20,000 such firms in the United States, and distinguishing the type and quality of services they offer is no simple task. First of all, many labels are used interchangeably: executive search firms, personnel consultants, headhunters, outplacement firms, employment agencies-to name a few. The industry is further complicated by its questionable reputation and lack of regulation.
The following descriptions of the four basic types of third-party recruiting may offer some understanding:
- Outplacement Organizations They accept money from individuals (private outplacement), or from corporations sponsoring individuals (corporate outplacement), to conduct job campaigns for displaced employees. The fee is paid up front (retained fees) and the firm markets the individual (candidate marketing).
- Employment Agencies Working primarily with candidates who seek their services, these organizations market the candidates to employers who can potentially use their skills. Fees are earned either from the candidate (applicant paid fees) or the employer (employer paid fees), but only after the candidate is successfully placed in a position (contingent fees).
- Contingent Search Firms Instead of depending on walk-in or mail-in candidates, they custom locate (recruit) candidates and are paid by the employer upon successful assignment completion (contingent fees).
- Retained Search Firms Like contingent search firms, retained search firms recruit candidates for their corporate clients, but are either paid up front or on a progress basis (retained basis). ...
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