Peopleopolis: The People Side of Business
 
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Comparison of Recruiting Approaches

PEOPLEOPOLIS
Description Advantages Disadvantages

Acts as your in-house recruiter on a strictly as-needed basis.

You purchase a whole package of services or just individual pieces.

  • We represent you and are incentivized to find the best possible candidate without inflating their skills or dismissing their shortcomings.
  • Flexible process can be tailored to your needs; you buy only those services you need.
  • Affordable - usually the most cost-effective approach.
  • Inside knowledge of your organization for better candidate match and ability to sell your opportunity.
  • Build strong internal relationships for maximum effectiveness.
  • Unique recruiting tools provide greater insight into candidates and minimize valuable management time.
  • You dictate the degree of due diligence.
  • Some expense incurred even if you decide not to fill the position, or hire from another source.
Contingency recruiting
Description Advantages Disadvantages

One-size-fits-all approach. Will present candidates at no cost until hire.

  • You pay nothing until you hire their candidate.
  • May have a sizable database of candidates.
  • Expense: typically 20% of 1st year's annual salary; may be as high as 30%. For a $50,000 job, that's $10,000 - $15,000.
  • Conflict of interest: they represent both you and the candidate even though you are paying the fee.
  • Incentivized to present their candidate in the best possible light.
  • Business model designed for volume, not quality.
In-house recruiting
Description Advantages Disadvantages

Hire a full-time staff member to do recruiting.

  • Inside knowledge of your organization for better candidate match.
  • Overhead expense whether you're hiring or not.
  • Limited bandwidth-may not be able to cover the full range of your recruiting needs at any given time.
Retained search
Description Advantages Disadvantages

Pay a sizable retainer to a recruiter to work on your search (typically 30-40% of first year's annual salary).

  • Extensive candidate screening.
  • Represent your interests, not the candidate's.
  • Typically, candidate is not actively looking so there are no competitive offers.
  • Very expensive ($30-40K per $100K in salary).
  • Typically defensible only for senior level executive positions or very rare skill sets.