Third-Party Recruiters

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Third-Party Recruiters (hereinafter, the Lectio) is the second lesson part of the Recruiters' Essentials lesson that introduces its participants to employment and related topics.

This lesson belongs to the Introduction to Recruitment session of EmployableU Concepts.


Content

The predecessor lectio is Who Recruiters Are.

Script

Outsourced recruitment is the whole recruitment process or its part that is outsourced to another legal entity, either an individual or an organization. Korn Ferry, a California-based recruitment process outsourcing company, estimates that about forty percent of businesses outsourced much if not all of the recruiting process to third-party recruiters, which, in turn, often hire subcontractors, typically in India and the Philippines to save costs.
A third-party recruiter is a recruiter that is a part of neither two parties of the promising employment agreement. On the one hand, these recruiters differ from those workers who seek to be hired; on another hand, these recruiters are not a part of the employing organizations.
Headhunters are also called executive search providers and headhunting providers. They provide employers with highly qualified employment candidates especially for senior-level and executive jobs.
On the contrary to corporate and some other recruiters, headhunters don't wait until someone, who is qualified, applies for a job opening. Headhunters reach out to those qualified workers who are not necessarily on the job market. Their job is to find people qualified for and willing to take an employment vacancy. They often try to persuade a qualified worker to leave their job by offering that worker another job with more pay and a higher position.
The headhunters' style is more aggressive than their counterparts' one; it can remind hunting. That is why they are called headhunters. Because of their higher effort, their cost is high. Usually, headhunters are hired to fill in very important, impossible to fill in otherwise positions only.
Employment agencies may or may not act as third-party recruiters.

Key terms

Outsourced recruitment, headhunter (executive search provider, headhunting provider)

Closing

Is the difference between corporate recruiters and headhunters explained well? --Yes/No/I'm not sure

Employment Agencies is the successor lectio.

Questions

Placement entrance exam