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Advantages and Disadvantages of Retained Search
Advantages and Disadvantages of Contingent Recruiting
Advantages and Disadvantages of "Doing It Yourself"


Retained Search back to top

Pros

  • Committed relationship - you are buying a service.
  • You have professionals guiding you through the process and negotiating on your behalf.

Cons

  • Overloaded Search Consultants focused on quantity instead of quality.
  • Focus diminishes over time as they have received their fee.
  • Significant overhead that you are paying for
  • You never really know who is handling your needs.

Contingent Recruiting back to top

Pros

  • High Volume of Resumes from multiple sources
  • Broader exposure to the universe of candidates.
  • Ability to dictate fees.
  • You can turn the candidate flow up or down depending on your needs.

Cons

  • Misrepresentation of your business is likely.
  • Candidates receive varied levels of service and representation and will be evaluating your business based on their experience with the recruiter
  • Contingency firms have the incentive to negotiate compensation on behalf of the candidate
  • Time and resources wasted qualifying a large volume of resumes
  • Best candidates go to the highest bidder
  • The resumes that you are receiving are being sent to your competitors too
  • You only see those candidates that are on the market
  • You must manage disputes between agencies that have submitted the same candidate
  • You get what you pay for
  • Lack of commitment from agencies.

"Doing It Yourself" back to top

Pros

  • You have complete control over the entire process
  • Assurance that everyone involved understands the business the company will be well represented.
  • Build and maintain your own database of candidates for the future.

Cons

  • Limited access to potential candidates
  • Tremendous loss of time and resources that could otherwise be focused on building the business.
  • Tendency to settle on a candidate rather than focusing on finding the best.
  • Distracts from the core business
  • Resources that might otherwise be contributing to building the business spend more time qualifying candidates
  • Feedback from potential candidates is not necessarily honest or complete