Headhunters or contractors that are not company recruiters can charge a large % of 1st year salary as a finders and recruiting fee. Sometimes into 25%-50% of the employees 1st year salary. Given the hefty fees by headhunters is it a disadvantage in terms of the candidates ability to negotiate higher pay or a sign on bonus since the company also would have to pay the headhunter the 25-50% fees? If going through the company directly it would save the company the finders fee and could use that to pay out a better sign-on, relocation, bonus, etc. HW Engineering $220 TC, East coast.
Definitely don’t go with agency recruiters, most companies straight up don’t engage and your cv ends in the trash without even a look.
This would be a headhunter contacting you directly either on LinkedIn or emailing you.
Same. In the current economy these agencies will go bust as most companies will not want to cash out 20% of someone’s yearly salary as a finder’s fee. Your best bet is referrals, normal application is next and headhunters are last in line.
I doubt the fee has much impact in most cases. That fee often comes from a different budget, is a nonrecurring cost, and doesn't impact long term compensation equity/expectations for the rest of the team. It's a relative non-factor. However agency recruiters/headhunters tend to be less effective at working with the company's internal processes,, they seem generally less familiar with what a particular company likes in a candidate, and they usually play a volume game with extra candidates to make up for the first two inefficiencies. I will ignore third-party recruiting for all of these reasons.
My last gig was found by a head hunter. Because they get a cut, they actively work with employers to get you in. This is a plus, IMO.
Definitely a plus to get your resume looked at by someone internal whether a first pass look by the companies recruiter or even the hiring manager. But if you have a very good resume with top qualifications and apply via the companies career website i think a very good chance you can skip the head hunter and work directly with the company HR.