3 things recruitment agencies do not tell clients
If you think all situations are black and white, it is obviously a simplification of what happens in the real world. There are always exceptions to the generally accepted rule of how agency recruiters make their money. On the other hand, famous author Tom Peters said: “Perception is reality”. You be the judge this time.
1. Don’t use a recruiter who will not meet you
Recruitment agencies typically charge a fee, which is based on the placed candidate’s compensation, somewhere around two to three months’ salary and allowances; but charged in full only after you have hired their candidate.
You can compare the recruitment agency’s work as playing a lottery. They are not paid if their client does not hire their candidate. The consultant does not receive any commission, if the client chooses a candidate from another agency. As a client has no obligation to the agency whatsoever, except to pay if they hire a candidate, the client will often engage several agencies at the same time for the same position. They do so because it’s free, nothing to lose and because they think each agency has their own pool of candidates (which in fact they don’t; most candidates register their resume with many recruiters, so the pool is pretty identical no matter where you go). (more…)