Why should you consider using a contingency-based recruiting firm when finding your next top talent?
Contingency recruiting firms are results-based. If the firm does not produce the candidate who is hired, then they receive no fee for their services. Many firms engage contingency recruiting firms in an effort to widen their search for the best candidates in the market, not just the best candidates on the market.
Don't you agree that the traditional job boards cause you to be overwhelmed with candidates, with many of the candidates not being qualified for the position. These traditional job boards allow anyone and everyone to apply for jobs that they are no qualified for, and this ultimately wastes your time going through hundreds of resumes of candidates who will never meet the criteria for your firm. Evaluating all these resumes takes a great deal of time and effort. At the same time, you are paying for the compensation and benefits of the employees who are analyzing all of the resumes. How can we solve this problem for you?
Here are the 3 main advantages of using a contingency recruiting firm:
- The contingency recruiter will save you time and money by only presenting you with qualified candidates. This is incredibly important because it not only allows you to stop sifting through resumes of unqualified candidates, but allows you to just talk to the qualified ones which shortens your time to fill open positions.
- The recruiting firm will be involved in scheduling interviews, providing feedback, and assisting in compensation negotiations. This enables you to save time in these HR related issues, and focus solely on the candidate and determining if they are a good fit for your firm.
- There is only a fee if the recruiting firm successfully finds a candidate for the open position. Like we said above, a lot of firms will source several different recruiting agencies to fill a position. This approach only works when you are contracting with a contingency based recruiting firm that only collects a fee when the job is successfully filled.
Phoenix Group International, a contingency-based recruiting firm, has over 27 years of experience in executive recruiting. We invite you to learn more about Phoenix Group International, and how we work with our clients to find you the best talent to add the greatest value to your organization.