Recruiting
Recruiting is a very big industry. It offers a lot of of niches for anyone who is interested in this exciting field. If you are a new recruiter, then you should know about the procedure of recruiting before deciding where they fit best.
Here are some options for you:
Contingency fee Recruiters, Executive Recruiters, and Head Hunters are all names for the same thing. You will be paid a fee when their client (the employer) hires their candidate. You will be paid after your candidate starts working.
Contingency fee Recruiters are famous for reaching 100% of the candidate marketplace (vs. the 20% reached by ads). These people have the ability to approach the ‘happily employed’ batch of people. Utilizing 100% of the marketplace helps in increasing their ability to make great matches.
Executive recruiting fees is normally between 15% - 30% of a candidates’ first years salary. Normally they work on a commission basis.
Contract Recruiters are the ones who work directly for an employer. The work load can last for several weeks to over a year. The positions can be turned into permanent positions. The industry is growing at a fast pace and is acting as the perfect alternative for good recruiters who don’t want to go with their own business.
The Contract Recruiter, on the other hand, are not at all worried or tensed about overhead, advertising, technical difficulties, office supplies, etc., because they know that their average compensation rate is $25.00 to $75.00 per hour.
Staffing agencies are famous for attracting people by offering to find them jobs. Their main ficus is on the number factor, as in this particular example, if 20 people respond to a particular advertising, then they try to call all 20 in for an interview.
There are a lot of staffing companies that specialize in high level professionals. The examples are computer programmers. Generally it is said that the staffing Recruiters receive their salary (or hourly rate) with bonus incentives for performance.
Corporate Recruiters, on the other hand, work for a particular individual employer and are often part of the HR Department. These people, according to my friend, are nothing more than clerical slaves and make 24k to 35k a year. But he also know some who make 75k and 115k. It depends on the skill.