What's Does a Recruitment Agency Do?
For all these of you who've never worked with them, recruitment agencies are an excellent mystery. What do they actually do? Are they any good? What are they to start with? Companies? NGOs? Employers? Governmental organizations? So many questions... So let's clear the air a bit.
To begin with, recruitment companies are companies - fundamental and ordinary companies which have workers, that pay taxes and that make profit (or a minimum of attempt to because the area of interest may be very tough and competitive). On the market there are a few world high rollers that are present in a number of international locations (like Lugera & Makler, Adecco, Trenkwalder), a number of small companies that specialize on a niche, are good at it and really make profit (like SAP recruitment) and several other others which attempt to survive (however a lot of the occasions do not).
A recruitment agency covers primarily basic activities: helps candidates find a job and helps other companies find good candidates for the open positions they have. So they're a mediator on the market between candidates that seek for jobs and corporations that search for candidates. Most companies (I take advantage of "most" because all of these we've worked with did it, however I can not guess that each one on the earth are in the same situation) supply mostly free providers to candidates and get paid by firms only.
To a candidate, a recruitment company presents the following providers (primary services are free):
- Receiving their resume and inserting it in a database which helps seek for candidates with a sure skill; for companies working on the same market, competition is big because they end up eventually with an analogous database, so profitable the consumer gets tougher; additionally, small inexperienced companies can't compete with large ones which already have a huge list of candidates that they can search in minutes;
- Serving to the candidates build a professional resume (typically paid service);
- Assessing the candidate's skills by applying tests (IT, language, professional psychological tests) or throughout interviews;
- Offering improvement options (generally paid service) and providing to incorporate them in training or coaching classes (also principally paid service);
- Sending the candidate's resume to employers who have open positions, in accordance with required skills (free service largely);
- Providing the candidate feedback in case of rejection or mediating the wage providing process (largely free service).
To an organization, a recruitment company provides the following providers:
- Search resumes in their database;
- Post ads on suitable recruitment channels;
- Interview and test candidates;
- Propose one of the best candidates for the available positions;
- Change candidates for free if candidate leaves or is being fired (on candidate's fault) within a certain time limit (three-6 and even more months depending on position);
How does the hiring process work?
1. The shopper of the recruitment company opens a position and gives it to 1 or several recruitment businesses, relying on inside necessities, insurance policies or depending on the signed contract between the two parties;
2. The shopper could also be required to pay an advance price (used for posting ads or for initial time spent on interviews). Fee is just not returned. Depending on initial agreement, this fee could also be skipped and a final success charge paid instead (only if company manages to fill the position with the suitable candidate);
3. Agency posts ads, selects resumes, interviews candidates;
4. Company offers a closing list of high candidates to the shopper;
5. Client interviews ultimate candidates and gives one or a number of;
6. If position(s) is (are) covered, taxes are paid and process stops; else, recruitment process starts again. If a number of agencies work on the same position, the primary one to fill it gets the money. The rest just waste time.
A recruitment company works just like every other company. It's a service provider. Its employees are recruiters (the individuals who do the actual recruitment and choice), sales folks (who search for purchasers and sign contracts - sometimes in small agencies sales people are also recruiters) and assist people (like finance individuals, building maintenance, drivers, another inside position vital for a corporation to work effectively).
If you adored this short article and you would like to obtain even more info relating to recruiting agency kindly see the web site.
Forum Role: Member
Topics Started: 0
Replies Created: 0