Advantages and Disadvantages of Retained Search
Advantages and Disadvantages of Contingent Recruiting
Advantages and Disadvantages of "Doing It Yourself"
- Committed relationship
- you are buying a service.
- You have professionals
guiding you through the process and negotiating on your behalf.
- 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.
- High Volume of Resumes
from multiple sources
- Broader exposure
to the universe of candidates.
- Ability to dictate
- You can turn the
candidate flow up or down depending on your needs.
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
- 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
- Lack of commitment
- 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.
- Limited access to
- Tremendous loss
of time and resources that could otherwise be focused on building
- Tendency to settle
on a candidate rather than focusing on finding the best.
- Distracts from the
- 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