6 types of recruitment services employers can consider
Employees are the backbone of any organization and perhaps its biggest asset. However, recruiting employees is definitely not an easy task. The recruitment team usually has its hands full. Setting up interviews, carrying out employee verification, screening candidate profiles, and negotiating salaries are just some of their many tasks. But to make these tasks easier, many recruitment services are available to employers today. Here are some types of recruitment services employers should know about:
Contingency services
Many recruiting agencies provide contingency services, wherein they get paid only when the company hires the candidates it refers to them. The recruiting agency tries its best to zero in on as many candidates as possible over a short time. But before it begins its search, the agency talks to the company to determine how much it will get paid if a candidate they refer gets hired. Once the amount is finalized, the recruiters start looking for suitable candidates based on the company’s criteria. The recruiter gets paid when the company recruits any of the candidates.
Recruitment process outsourcing
Recruitment process outsourcing (RPO) is when a company outsources its recruitment tasks to an agency wholly or partially. When a company entirely outsources its recruitment activities to an agency, from sourcing and screening to hiring and onboarding, it is called full-scale RPO. Here, the agency takes over all the recruitment responsibilities. In some other cases, a company may suddenly need to recruit employees, so it may outsource some tasks to a recruitment agency. This scenario is called on-demand RPO, wherein the recruiter and the employer get into a short-term contract.
Executive search recruitment
Executive search recruiters try to spot suitable candidates for executive positions in companies. They help hire CEOs, COOs, CFOs, heads of departments, etc. Since these are high-profile positions, the executive search recruiter is responsible for hiring people with all the necessary leadership skills in addition to the required qualifications and experience.
Staffing recruitment
Recruitment agencies offering staffing services essentially hire consultants instead of full-time, permanent employees. Clients contact these firms if they need to fill up multiple positions within a short time. Unlike a traditional recruitment agency, a staffing firm’s job is continuous because many companies always need consultants. Staffing agencies can conveniently fill vacant positions but charge higher fees than regular recruitment services.
Niche recruitment services
Some recruitment firms may offer niche recruitment. They have the expertise to find employees from particular fields of specialization. For example, some agencies may deal exclusively with hiring IT professionals, while others may hire only for creative roles.
Traditional recruitment services
Traditional recruiters’ work models and fee structures are similar to those of contingency recruiters. But here, if an employee selected by the recruiter quits the job within a certain period, it must hire a new employee for free to fill the position or refund the fee. Usually, traditional recruiters screen resumes, call up candidates, and conduct interviews and psychometric tests as part of their services. They also perform other essential recruitment services, like checking candidates’ backgrounds and communicating with candidates whose profiles are not shortlisted.