Human resource specialists, line managers and company owners are frequently
faced with the decision as to the most cost effective recruitment strategy.
Do it yourself and contingency recruitment are the predominant methods
but retained recruitment proved successful in saving line managers
valuable time and enabling them to focus upon their key performance
indicators. However, contingency is the preferred option by most companies
since the onslaught of flat organizational structures and less tolerance
for error in selection.
Indecision over which recruitment method to use results in:
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A long drawn out selection process |
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Good candidates being lost |
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Repetition of the company’s own recruitment activities |
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Costly use of managers/team leaders time |
The issue involved is whether or not to use a recruitment consultant
Strategic Choices
The choices are:
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Do it yourself |
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Retained |
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Contingency |
Do it Yourself
Human resource and line managers advertise, vet, interview, shortlist
and select new staff themselves without the assistance of external
consultants. This is still common among line managers yet it
carries the highest risk of appointing the wrong person. There
is a commonly held misconception among less experienced line
managers that it is also the least costly approach.
However, if you have considerable spare time, a small budget and are
confident in your recruitment expertise then you could consider
this option, but, if you have that much time available, do
you really need an extra person.
The question of the value to the organization of line managers who do
their own recruiting needs to be raised, especially if they can afford
to spend large hunks of time away from core business.
Retained
Retained recruitment normally means:
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One third of the fee is paid up front, a second third on short
listing and the final third on the signing of the employment
contract. |
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The consultant will promise to focus on finding the right candidate
until a successful placement is made. |
Contingency
This approach involves using consultancies who search on a “no
find, no fee” basis regardless of the effort, time or resources
they put into the process.
The consultants provide candidates from their current database,
eliminating the time factor. These candidates have already
been interviewed, screened and tested. Rite-fit Consulting
Limited as a specialist recruitment agency, will have a selection
of candidates immediately available for your consideration.
The consultants can advertise on your behalf focusing on the right
candidate until a successful placement is made. This is especially
suitable when the industry is unusual or specialized.
Certainly with hiring managers being fearful of making a mistake, their
hesitation often results in the loss of good candidates. With
the growth in the IT industry and IT Managers and Team Leaders
wanting experienced staff, the demand is such that these candidates
do not have to look far or long before they are placed. Rite-fit
Consulting Limited, as a specialist recruitment agency, can
offer a selection of experienced candidates immediately, but
the Managers and Team Leaders must realize that these staff
will be placed quickly and the hiring process in larger organizations
can often result in their losing their choice because the decision
is not made quickly enough.
Rite-fit Consulting Limited, your recruitment choice
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Rite-fit Consulting specializes in the recruitment of staff for IT positions. |
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Our consultants recognize that every environment is different, every recruitment
need unique. |
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They listen and hear your requirements and then search for the candidate
to match your criteria. |
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You can budget for your recruitment needs with no need to factor in
the cost of managers and team leaders time. |
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Positions can be filled quickly eliminating costly down time. |
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Rite-fit Consulting candidates are vetted, interviewed, tested and matched
to your recruitment needs. |
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Rite-fit Consulting can provide permanent and contract staff. |
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Rite-fit Consulting can assist with your training needs. |