| PEOPLEOPOLIS |
| Description |
Advantages |
Disadvantages |
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Acts as your in-house recruiter on a strictly as-needed basis.
You purchase a whole package of services or just individual pieces.
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- 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.
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- Some expense incurred even if you decide not to fill the position, or hire from another source.
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| Contingency recruiting |
| Description |
Advantages |
Disadvantages |
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One-size-fits-all approach. Will present candidates at no cost until hire.
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- You pay nothing until you hire their candidate.
- May have a sizable database of candidates.
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- 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.
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| In-house recruiting |
| Description |
Advantages |
Disadvantages |
|
Hire a full-time staff member to do recruiting.
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- Inside knowledge of your organization for better candidate match.
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- 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.
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| Retained search |
| Description |
Advantages |
Disadvantages |
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Pay a sizable retainer to a recruiter to work on your search (typically 30-40% of first year's annual salary).
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- Extensive candidate screening.
- Represent your interests, not the candidate's.
- Typically, candidate is not actively looking so there are no competitive offers.
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- Very expensive ($30-40K per $100K in salary).
- Typically defensible only for senior level executive positions or very rare skill sets.
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