Make'em Work For You Headhunting and the New Economy
Companies are evolving new strategies each quarter
in order to stay competitive. Most don't have time
to put ads in the paper to fill positions. And job
listings were never a really good way to get a job,
anyway.
These days, executive recruiters are increasingly
responsible for finding and placing employees,
particularly for high-level positions. Companies
hire recruitment firms to find talented employees
and bring them in to take high-salaried,
high-profile jobs that are not often publicly
advertised. Some industry surveys suggest that
recruiters play a role in 30 percent to 40 percent
of all new hires.
If you're dissatisfied with a job, seeking a
mid-career challenge, or just like to have options
at your disposal, an executive recruiter may be the
perfect agent of fate. And you don't have to wait
for one to call.
How Recruiters Work
Recruiting firms are employment agencies. Companies
hire executive recruiters to find and bring in
candidates for management positions—anyone with two
years of professional work experience on up. The
corporation is the recruiter's client, and the job
candidate is the product. Thus, recruiters normally
find a person for the job, not a job for the person.
Recruiters are compensated either on retainer or a
contingency basis; either way, the standard fee
structure is a percentage of the position's
first-year salary. Retainer firms have exclusive
contracts to handle higher-level positions involving
six-figure salaries.
Most firms are specialized in some manner, either
regionally, by profession (such as accounting,
legal, advertising, marketing), or industry—such as
high tech or pharmaceutical. Some firms have
exclusive contracts to do all of a company's
outsource hiring.
Finding the Right Recruiter
Step one is finding a recruiting firm that works in
your field. Begin by asking people you know. If your
dream job is at a specific company, find out who
does their recruiting.
Put the recruiter to the test. How established is
the firm? How long has the person been recruiting?
What did he or she do before? Does he or she have a
solid working knowledge of your field? Years of
experience are great, but not absolutely essential.
Someone who spent 20 years in consulting can
probably step right in and act as an excellent
recruiter for consulting jobs.
Be certain you understand how the recruiting process
will work. If you are currently employed—and hope to
stay that way until you decide otherwise—discretion
is a must. Insist on preapproving your resume's
travel itinerary, so it doesn't show up in the hands
of your boss's golf partner. The more initial
information you give to the recruiter, the easier
it'll be for him or her to find the right fit for
you.
If you can find two or three recruiters whom you
trust and with whom you want to work, so much the
better. Recruiters rely heavily on their personal
contacts and arrangements with certain companies, so
each recruiter widens your circle. But be careful
not to make the circles so wide that they overlap.
Recruiters may lose zeal to promote you if they send
your resume to a company, only to find that another
recruiter already did so. Tell your recruiters about
one another so they have that information to work
with.
Putting Your Best Head Forward
How can you best help the recruiter help you? The
more you put into the process, the more you'll get
out of it. Be honest and clear about your career
goals. Describe the type of position you want, your
salary requirements, where you want to work, and
anything that is prima facie unacceptable. "The more
I know about a candidate and what they are looking
for," says Hegwer, "the more likely it is that I can
make a great presentation about that person to a
company."
Remember that you're the product the recruiter is
selling. "Listen to the recruiter when it comes to
interview technique and negotiation," says Jeff
Brown, CEO of Comprehensive Search, a Georgia-based
recruiting agency specializing in Interior
Furnishing and Commercial Furniture industries.
Recruiters send people out to interview all the
time, and they get feedback afterward from both
sides on what worked and what didn't. A good
recruiter may be able to tell you the interviewing
style of the person you'll be meeting, and perhaps
even some of his or her trick questions. Even if
you've spent a number of years in your field and
know who you are and what you're worth, a recruiter
can point out key details that will make your
presentation of yourself more enticing to a
potential employer.