A recruitment agency helps job seekers to find an appropriate job, whether he is working or currently unemployed. There are usually many positions in an industry which may be overlooked or neglected by an inexperienced candidate. A recruitment agency helps you to find such positions according to your qualifications, interests, and skills. Most of the recruitment agency charges a fee to its client company whenever a candidate is hired. However, some recruitment agencies working on a commission basis may also charge the candidate. If you are interested to take services from the recruitment agency then first you have to tie up with the recruitment agency then only it will become easy to work for a recruitment agency. A recruitment agency helps you to hire the right candidate for your requirement.
Types of Recruitment Agencies :
There are many different types of recruitment agencies. It does not matter if you are looking for an electronics recruitment agency or an IT recruitment agency. In order to choose the right one to get an appropriate job, it is important that you know the basics of each different type of recruitment agency. In this article, we will tell you about the different types of recruitment agencies.
- Contingency-based Agencies – Traditionally, contingency-based agencies are known as employment agencies. They work with client companies to find suitable candidates by matching a candidate’s qualifications and skills with the company’s requirements. Once the criteria matches, a short interview is conducted followed by a reference or background check. Some recruitment agencies charge from the client company, while others ask for a percentage of the candidate’s first salary. In most of all cases the recruitment companies follow this, the candidates serve a probationary period and the agency is only paid once the candidate successfully serves the probationary period. Contingency-based agencies are usually famous for administrative jobs.
- The Retained Search agencies – Some recruitment agency usually handle senior level positions in the industry. This type of agencies is called executive search firms. The fee that a client company pays to a retained search agency is non-refundable and a part of it is paid in advance for doing a retained search in order to fill a position. The remaining amount is paid once the client company hires an employee. An Executive search agency finds the candidates to meet the criteria mentioned by the clients’ requirements.
- Temp Agency – A temp agency is also called as a staffing agency. It usually hires employees or candidates to fill temporary positions in an organization or clients place. If an employee leaves the organization on a temporary basis like maternity leave, temp agencies provide candidates who work for a certain period of time. Usually, the client company pays based on an hourly rate for the candidate it hires. The temp agency will have to pay the candidate’s salary basis like monthly, hourly or weekly & some of the employment benefits, etc. Temporary agencies act as a bridge between temporary jobs and full-time employment.
- Niche recruitment agency – A Niche recruitment agency provides the industry with highly skilled and talented candidates from a particular geographical area who have sound knowledge in their field. A traditional recruitment agency is an employment agency that has a brick-and-mortar office. A niche recruitment agency ensures that a candidate is highly skilled and perfectly matches the criteria of a client company.
Best Recruitment Agency In Bangalore – BLOOM