What Types Of Specialist Recruitment Agencies Are Out There And How Can They Benefit Your Business?
It is quite tough to search for great talent for your business without the assistance and guidance of specialist recruitment agencies. Big businesses have been using executive search firms for a long time to help attract, interview and hire mid to senior level employees. But small and mid-size businesses are now starting to utilise and benefit from hiring specialist recruitment agencies to help draft attractive and appealing job descriptions, generate a pool of qualified candidates for top-level positions, check references and speed up the overall hiring process. By working closely with an executive search firm such as Amrop Carmichael Fisher, it is not just about advertising for a job position but finding the right person for your business. The main objective of their context driven recruitment process is to find an employee that not only suits the position description, but who will also contribute to the future success of your business. Hiring the wrong employee can result in wasted valuable time and a negative ROI (Return On Investment) for your business. If your business tries headhunting on its own, it can distract staff from managing and growing the business when they spend time, energy and company resources searching for the right candidate. The difference between a
business handling their own hiring process internally or choosing to hire a specialist recruitment agency, can be from having a pool of 4 to 5 candidates to around 150 qualified candidates. Apart from sourcing job candidates, specialist executive recruitment agencies can help your business find the right candidate without all the stress that’s involved. A recruitment agency like Amrop Carmichael Fisher can ensure all candidates have the necessary qualifications required, create an appealing and attention-grabbing job description and work closely with your business to understand the exact type of candidate that your business needs for continued future growth. When searching online, there are three kinds of executive search firms: Contingency Firms These firms focus on filling positions efficiently and as quickly as possible due to only receiving payment once a business hires a candidate that is presented to them, so they typically focus on mid to lower level positions. These types of firms charge a percentage of the candidate’s total first-year salary (usually 20% to 30%). Retained Firms A retained firm such as Amrop Carmichael Fisher will develop a close relationship with the employer and are hired for a particular period of time to find a suitable candidate. These recruitment firms charge more than other types of recruitment firms due to specialising in higher and upper-level management and job positions where the requirement for a specific personality or qualification is crucial. The difference with retained recruitment firms is that they will invest large amounts of effort and time into understanding how your business operates to ensure that the candidate aligns with the values, culture and mission of your business. Container Firm Container firms are paid an upfront flat fee before they begin searching for a suitable candidate. Once the candidate is hired, these recruitment firms can charge around 20% to 25% of the first yearly salary of the hired candidate for compensation.
When looking for specialist recruitment agencies, Amrop Carmichael Fisher has decades of experience working closely with businesses and companies to ensure that they employ the right candidate that not only is the right fit, but also aligns and contributes to the future success of your business. As one of the leading specialist recruitment agencies, they will deliver a rigorous context-driven approach to find you the ideal candidate. Visit their website today for all the information you need.