Written by: Kraig Ware, VP of Operations
In the world of recruiting, there are a few basic category types of search. I see articles written all the time trying to “credit” or “discredit” a certain category of search based simply upon the “category” of search.
My caution to you is, don’t believe all the hype.
For the purposes of this short article, there are three basic categories of search in the recruiting world:
- Contingent – the search firm will only collect a fee if they find and place a suitable candidate for the position in question
- Engaged – the search firm will get an upfront fee (15-35% of the total fee) when they begin the search, with the remainder due upon the placement of the suitable candidate for the position in question
- Retained – the search firm will typically get paid in 3 payments: 1/3 to start the search, 1/3 when the qualified candidates are presented, and the final 1/3 due upon the start date of the hired candidate; plus, any expenses incurred during the search.
Most recruiting firms specialize in one “category” of search, hence the reason for all the hype. A “Pick Me” attitude because of a “category” of search that they specialize in, listing all of the pros (in their opinion) of a certain category. Important things like: Quality, Speed, Specialized Niche, Trust, Confidential Processes, Relational, Established Networks, Etc.
However, most companies do not have a one size fits all approach to their business. In most cases, they need a partner that is flexible to their needs and not confined to the limits (if they exist) to a certain category and/or a certain price point that the search firm is comfortable within.
Let’s look at it this way…one could believe that a car is the best “category” for transportation (especially if they sell cars). However, I guess the best form of transportation would depend upon where you want to go.
Companies do not need to be placed within or limited by a “category” or restricted by anything.
Companies need a partner that asks the right questions and then design’s flexible solution(s) that are in the best interest of the company. No hype, just real long-term solutions. Sometimes you’ll need a car, others a boat, or perhaps a _____.
So again, be careful…don’t believe all the hype. In the world of recruiting, the “category” of search really means very little. The important things to consider are the quality/process/metrics of the person, team, and/or the search firms credentials and performance as they relate to your niche within your industry.
What if there were a partner that could handle your company’s needs from the top professionals on your factory floor to the C-Suite and Board of Directors? One Solution, the same team?
For 14 years, TYGES International continues to perfect the art of search. Offering retained, engaged, and contingent categories of executive search. With a 1,000+ successful placements in the Manufacturing and Healthcare industries, our belief is not to put you in a box or a category; yet, strive everyday, with our team of 20+ recruiters, to perfect our customer’s experience by offering the same proven processes and industry leading performance metrics related to quality and speed…regardless of the category that makes the most sense for your specific search. Your best solution, not ours. We are not resume machine guns, TYGES and TYGES Elite have been built on quality as we know the space we search within. More than know, we have quite literally been “in the shoes” of the folks we are seeking to find for our clients, as our team is made up of former industry professionals.
Perhaps TYGES is a fit for your company? Perhaps not? Either way, I hope that you find the flexible solution that makes your company the most productive and successful within your market’s niche.
I encourage your feedback and would like to connect with you on LinkedIn. You can also follow me at twitter @SKraigWare as I focus on striving for excellence within the business world and within our personal lives. Learn more about TYGES at www.TYGES.com, on Twitter @TYGESInt, or here on our blog at https://reinventingrecruiting.com/
Our mission is simple:
We’re here to make good things happen to other people.