Author: Gontran de Quillacq
Managing Director, Head of the quantitative & risk practice, IJC Partners
Managing Director, Head of the quantitative & risk practice, IJC Partners
After 20 years as a
candidate then a hiring manager, I became an executive recruiter. This new vantage
point brought me a new perspective on the recruitment industry. The posting
below and the few others are my attempt to share this experience.
You will find the other
postings on my work website www.quillacq.com. The
site also publishes my current roles, my professional details and some selected
candidates.
Your rights – the recruiter’s obligations
Your part
Your expectations
What to expect from
recruiters
Your rights – the recruiter’s obligations
Recruiters have duties towards
you. In recruitment like in many aspects of life, they are not always
respected.
Fair candidate expectations, aka
recruiters’ duties, are stated here, so that we all know going forward. These
are my guidelines as a recruiter:
· Recruiters' qualifications: Clients will not hire 5 CROs and 3 CIOs, so the only way for
recruiting firms to increase their profitability is by having more roles to
fill and more people to fill them. The consequence is that many recruiting
firms use juniors to increase their volumes. It explains why you end-up being
approached, being "sold a job" and being represented by people who
have a pretty poor understanding of the role or of what you do. The poor scalability
of any recruitment activity also explains why there are so many recruitment
boutiques: juniors grow in experience and go independent. Despite all this, you
have the right to expect your recruiter to know his client, know what the job is
about, to understand what you do, and be able to link the two. If your
recruiter doesn't seem to be capable, you can ask to talk to his manager or
simply work with a different recruiting firm.
· Feedback: How it goes normally: you send your CV. The recruiter emails or
calls you. He interviews and vets you, then he introduces you to his client.
Either at the start or at the end, weeks sometimes pass and you never hear from
anybody again. There are some structural reasons for it: recruiters and clients
both receive far more resumes than they can humanly cope with. They can't reply
to everybody and can’t even open all emails. Also, many clients simply don't
give feedback (for good reasons sometimes, like multiple internal hiring
managers). It's unfair to demand your recruiter to answer all emails. But if he
has introduced you, you should get some feedback. Rule of thumb, when you talk
to a recruiter, you can expect from him an estimated deadline, an answer when
he gets one (even negative), the reasons when they are stated or at least the
right to query him where you stand with respect to any given employer.
· Truth:
The recruiter sells you a job that is not the entire description. The firm
isn't as stable as described. The manager or career perspectives aren't as good
as pretended. The corporate culture isn't so fun... Many potential reasons that
make the job less valuable than advertised.
o There are reasons for this and it
is partially your fault: Since candidates won't consider a role which doesn't
have the same superlatives as the others, they are implicitly accepting that
roles have to be "well-presented" to be attractive. The question
is by how much.
o You probably don't realize this,
but clients lie to recruiters in the first place! They do it to both attract better
candidates and simply to improve their brand, which recruiters advertise. A
blatant case of a client’s misrepresentation unfortunately happened to me with
my very first placement. I am still so sorry for that motivated young candidate,
whom I tried to help out afterwards.
o Rumors abound. I once heard that
my client was bankrupt...
o Still, your recruiter should have
done his due diligence on his client. You have the right for transparency and honesty
in any case.
o All-in-all, it's best to use
recruiters who have worked with their clients for a long time. You still have
to do your OWN due diligence on the company.
o If you hear something bad about a
client, do attract your recruiter's attention to it. He might not know it
himself and will appreciate the info.
· Confidentiality: The bad news is that it takes only one recruiter to flood the
market with your CV. When it happens, the effects are disastrous. Clients know
of you before you talk to them, killing your chances. Your own employer could
receive your CV... The good news is that most recruiters do NOT do this.
o Now that I am on the other side,
I have a better perspective on the magnitude of this phenomenon: I'd say that
up to 10% of my candidates have been introduced without their knowledge to
famous/prominent clients. Probably as many candidates forgot that they did
introduce themselves (friends, website, university CV books, etc) or gave the
approval to be introduced to this client. Unknown introductions quickly become
much less frequent as the clients become less-known.
o Some numbers: of the 700
recruiters and hundreds of recruiting firms I have worked with during my first
life, I now know that only three recruitment firms use 'distribution lists' frequently
as BAU. I have suspicions of a few more shops doing unauthorized introductions on
an occasional basis. These 5-7 firms are well-known recruiting firms in my the
financial market segment! Conclusion, do ask your friends who the usual
culprits are and do NOT share your resume with them (not even online through
websites).
o Do not let a recruiter send your
resume to dozens of places. Ask him/her the places he works with most of the
time. Ask him to select a few of his best clients only.
o Finally, and most importantly:
you own your CV. You have the right to know and decide where it goes. No
exception.
Your part
"Nobody
can escape his/her karma" they say... Relationships take time to build and
you should start building them now. That’s the required step to benefit from
quality relations later, or avoid negative consequences of bad / absent
relations.
Your part of
the relationship building is:
· Tell the truth. You can be ‘economical with the truth’ but cannot
lie.
· Do not send your CV to an employer, after a recruiter has
disclosed you its name & the role they are trying to fill. If you hear from
a friend that company X is publicly recruiting for job Y, then go ahead, pass
on the message to other friends. But if it's a recruiter who told you so, it's
his bread and butter that you are taking away by telling your pals, and that’s
not cool to him.
· Do your due diligence on both your recruiter and his
clients.
· Do invest in your long-term relations with information: if a firm
you know is recruiting, share it with your recruiter. If the role fits your
profile, he should introduce you first (!) and his introduction will have the
benefit of being more objective for the client’s eyes. If you are not a good
fit, then his other candidates could benefit from the role. What goes around
comes around. His clients probably were discovered in this way at the start.
Your expectations
Like in any
game you play, you can expect the players to follow the rules. But don't blame
the game or the players if you don't win. Recruiters can't guarantee you a job,
only a fair representation. Don't forget as well, that they offer to you:
· A no-cost-service: When someone sells you a service for free, it's probably because you are
the commodity. Social networks explain your preferences to advertisers for a
fee; Users get a communication benefit paid by the product advertisers.
Facebook is now the world's largest country as a result. In the same way,
recruiters explain your experience and profile to hiring managers for a fee.
Candidates get the benefit of free introductions because clients pay the
recruiters. PS: recruiting firms surely aren’t as big and as profitable as
Facebook...
· Extended reach: Recruiters allow you to reach clients and be presented to jobs
you never heard of, and which are often not advertised publicly.
· Other approaches: Recruiters are only one of three ways for you to get your next
job: the other two are 'applying' and 'networking' (that's the professional word
for 'friendship'). Recruiters are a very efficient and cost-efficient way for clients to fill jobs. Networking is the most efficient way for you to get your next job. Never put all your eggs in one basket.
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