Working With an Executive Recruiter
There are two main types of Executive Recruiters:
- Contingency Recruiters- Contingency Recruiters are given a search assignment based on the criteria the employer is looking for, as well as all of the qualifications and skills required to pull off the role the opportunity entails. They are often also given personality requirements that assist the recruiter in their screening process, to ensure the individual is going to work well either with the team at hand, independently, or in the managerial or executive seat. A contingency recruiter is paid if and only if the company places the candidate the recruiter presents.
- Retained Recruiters- Retained Recruiters are given assignments much like a contingency recruiter, but there is a difference in the way the fee is paid. The recruiter is paid prior to the search, sometimes a percentage of the fee before the search begins to cover some of the expenses of the search as well as the labor involved. This fee is paid whether or not the recruiter finds the right employee. Sometimes a company will prefer retained search over contingency as they feel it bumps them up higher on the list of the recruiters priorities.
