You may not have the time or the resource to take on the full recruitment process in-house. Working with a recruitment specialist can be a quick and effective means of securing the right person for your business. Here is a brief guide to selecting and getting the best from a recruitment agency.
Your consultant will liaise between you and your new employee both before, on and after the start date, to ensure all goes smoothly. Once the new employee is successfully bedded in, your consultant will cease this liaison role, unless you request otherwise.
Recruitment fees vary significantly. Search assignments for key executives can cost 30% + and will probably have a retainer element. Fees for professional staff will range from 15% to 30%. If you are a repeat customer or can offer exclusive assignments, you are in a stronger position to negotiate the best rates. Be very aware of selecting on the basis of the lowest fee. Recruitment is like any sector, there are low, mid-range and high prices. The right person can transform your business – what price can you put on that?
Unless this is a retained, search based assignment, you only pay when your new employee starts, and there will be a rebate period covering the first two to three months, in case things don’t work out. This does happen, so be aware of what these clauses are. If it isn’t working out with your new employee, involve your consultant in the issue – they may be able to mediate.