Why Placement Fees Still Matter More Than Ever
Cincinnati, OH | Posted: 08/09/2015 | Author: Stuart Koenig
Employers have a great number of tools at their disposal to find job applicants. Job boards, increasing social media presence and numerous recruiting apps all play a large part in locating prospective employees searching for the right fit. So with all of these avenues available, are headhunters really worth paying anymore? Aren’t employers just wasting money with placement fees when talent is plentiful? Not at all.
Headhunters remain the most effective way to recruit employees for a number of reasons. First and foremost, employers are only exposed to those actively looking for a job, whereas headhunters realize the top talent are already working. And they like to be wooed. The difference in the caliber of skill between those looking and those working can be significant, and the best talent expect competitors to take notice and make offers. So while employers might have access to a little pepperoni, headhunters get to look at the entire pizza when picking top tier talent.
Paying placement fees also means solutions are waiting before you even realize there’s a problem. Headhunters develop relationships with talent, cultivating an association with individuals they know to be reliable and hard working. So when a job arises, the headhunter has the talent recruited and ready.
And the fee? Think of it as a smart investment in your company. That fee means the best talent works for you, growing your business and customer base. That fee means competitors hire and train talent, then you recruit it and save on those costs as well. Placement fees mean you get the best talent available, period. And that’s always a good thing for your bottom line.