Using several firms and having an influx of resumes sounds like an ideal situation, until you consider that fact that most contingent firms will submit and insurmountable amount of resumes in the hopes of having a candidate "stick". This causes the HR department to "bog down" with unqualified resumes and slows the process down considerably as you wade through the pile of resumes and conduct a search within the search. If they don't bury your HR department with resumes your candidate pool usually consist of:
- candidates that are not screened
- candidates that do not have the right qualifications
- candidates that know nothing about the company, culture or opportunity
- candidates that more than likely are out of work or looking for other employment
- candidates recruited off job boards or ads (not top performers!)
Having one resource with whom you are in contact and having one reference of communication can speed a search by weeks or even months! Using several contingent firms will require 2-3 times the effort, scheduling, communication and frustration.
YES. Contingent recruiters tend to base their business on the amount of searches they can work at any given time. The more searches, the more possibility of placing a candidate. These candidates are usually taken from online job boards or advertisements that are mass recruitment tools to try and obtain a broad fit and force resumes into the employer. These candidates are usually unemployed or are not performing at their top level. Most are looking for other opportunities because they are not happy where they are currently employed or have not had success in their current occupation
Beacon Search Group consultants focus specifically only on the top performing candidates who are not looking for opportunities and are currently performing at high levels in their current role. Our candidates rely on us to make them aware of opportunities, not advertisements or job boards. We exemplify the true characteristics of executive recruiters and use our database and referral system that has been achieved only through years of exemplary service and a connection with our candidates. Beacon Search Group will allocate a team of 2-3 recruiters to your search per position until the end goal is achieved..finding the exact fit for your opportunity.
Beacon Search Group fees reflect the industry standard fee for contingent searches. In fact, many times when we undertake a project that consist of multiple searches, we have the opportunity to reduce our fee structure and are actually cheaper than using several contingent firms.
The one thing a contingent firm will not tell you before they begin a search is how many other searches they are currently conducting. Most contingent firms employ the "more is better" philosophy and take on as much work as possible in order to play a numbers game. Contingent recruiting firms will have a long list of 5 to 15+ open positions per recruiter. The higher the fee per open position, the higher that particular position will rise on their priority list. What position does your opportunity fall on the list? If there is a senior level position that pays more than your particular opportunity, chances are your search just got postponed.
In contrast, once our team is engaged in a project, we immediately allocate a minimum of 2-3 recruiters per open position. This insures that your opportunity will receive the individual attention it needs to be successful and completed on time. In addition, we can provide daily updates in the form of call logs, e-mails and time spent speaking with candidates. This give you an opportunity to see how the search is progressing and makes sure the best possible effort is being put forth on a daily basis.
We have worked in almost every discipline and have the contacts to prove it. We will be more than happy to provide sample resumes to demonstrate our abilities. Just speak with one of our consultants about your current opportunity and we can provide a snapshot of our current talent usually within 24 hours.
Should the unlikely event one of our candidates leaves your employment within the first three (3) months from their start date, Beacon Search Group will replace that candidate at ABSOLUTLY NO COST.
The initial investment is a small percentage of the total recruiting fee, usually 1/3 of the total cost. This allows Beacon Search Group the opportunity to assign our recruiters to your particular search. Your recruiter(s) will dedicate their entire day to your search until it is completed. The remainder portion of the fee will be due 30 days from the candidates start date. Although we traditionally only work under a retained agreement, certain situations will allow us to use some of the following structures
Traditional Retained Search
- Small up front retainer. The amount depends upon the nature of the search, usually 1/3 of total fee
- Exclusive search rights
- We will provide 5+ qualified candidates in less than 45 business days. We usually provide our candidates within the first 14 days.
- Final payment due upon completion of search
Exclusive Search
- Negotiable fee as percentage of first year income
- We will provide 5+ qualified candidates in less than 45 business days
- A 100-day search assignment exclusive
- Replacement guarantee
Fixed Fee Search
- Available with multiple search assignments, or a guaranteed annual number of search assignments on an annual basis
- Fixed price per placement
- Replacement guarantee