Fast Track Recruitment

What does ‘Retained Recruitment’ really mean?

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Most recruiters like the idea, in theory, of being retained by a client.

For the avoidance of doubt, a retainer is an amount of money that is paid/received in advance of work done, to secure the commitment of both the client and the supplier.

Recruiters generally like the idea of being retained because, when it happens for the first time, it signals the beginning of that part of their career where they stop being a hopeful wannabe and start being a pro.

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Chickens, Pigs and Monkeys

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In one of the first recruitment blogs ever I wrote, I used chickens to describe the current state of the recruitment agency landscape and pigs to describe how that state could be improved.

Now I’m going to use monkeys to describe how they got there in the first place.

The story I’m going to cite is the research study called The 5 Monkey Experiment.

“They started with a cage containing five monkeys. Inside the cage, they hung a banana on a string with a…

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5 Minutes

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That’s how long, on average, a recruitment agency spend writing a job advertisement.

At least according to the presenter of a talk on ‘The Future of Advertising’ at the recent Recruitment Live exhibition at the ExCel.

So, why only 5 minutes? There are probably a multitude of reasons. Here’s the most likely of them:

1. They don’t know much about each job and so just post a cut and paste of the job description.

2. They have too many jobs to advertise and…

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Previously…

What does ‘Retained Recruitment’ really mean? »

Chickens, Pigs and Monkeys »

5 Minutes »

“Failure is not an option” »

The most important thing I’ve learned in the past 6 months »

Candidate Experience - A Case Study »

Why can’t recruitment agencies recruit for themselves? »

Clichés, Prostitutes and Johns »

The Secrets to Business Blogging Success »

“As the economy improves, the war for talent is heating up.” »

Agency owners, consider this.. »

The Problem With Job Boards »

Recruitment Groundhog Day »

I Used To Write Job Ads »

Mitch’s Recruitment App »

See more »

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