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The 12 recruiter number at least
gives you some exposure. Remember again that a recruiter is only going
to call when they have a job that fits your background, so you need to
have a lot of exposure to get a call. So how do you go about finding
good recruiters. Now we are to the point of this article.
Use Retail
focused executive search firms:
If you are a retailer, then you need
to be using "retail" focused executive search firms. Don't think that a
local recruiting agency will necessarily be of any help to you.
Most retail companies who use
executive search firms use agencies that specialize in retailing. It
makes sense doesn't it? If you were looking for a retail professional,
wouldn't you use a recruiter who had retail industry experience?
So the typical local or regional
recruiter who does manufacturing, banking, or MIS recruiting simply
doesn't get the jobs to work.
One way to find retail executive
search firms is to go to the Search Engines and type in keywords like
"retail careers" or "retail jobs". You should get a pretty nice list of
retail focused listings. Some company, some recruiter, and some retail
job boards.
Understanding the difference between Retainer vs. Contingency Firms:
Let's start with a basic point about
search firms. There are two types. Contingency firms and Retainer
firms.
Contingency Firms - work on the
come. They take an assignment from a client company and are paid a fee
(usually 20 to 30% of base salary) for a successful placement.
Retainer Firms - are paid in
advance. They take an assignment from a client company and are
typically paid 1/3 at the time of the assignment, 1/3 in 30 days, and
1/3 in 60 days. Their fees range from 25% to 33% of total compensation
for first year.
Why is it important to know this?
Well Retainer firms "the big dogs" typically only work on the "juicy"
senior level positions. (I typically use the $100,000 and up rule.)
Contingency firms typically work the lower to middle level jobs.
(usually below $150,000).
So if you are a Buyer making $75,000,
sending your resume to a retainer firm is nearly a complete waste of
time. Conversely if you are a VP Distribution making $275,000, you are
just as silly thinking that a contingency firm is going to be of much
help.
The second rule then is to build a
strategy of contacting search firms that fit your level. Either
contingency or retainer.
Finding
Search Firms to use:
In general the quality of search
firms is directly related to their client base. A firm with only a few
clients, will not be of much help. A firm with a lot of clients should
be able to open that many doors. So, I wouldn't worry about trying to
find the best firms, go for quantity.
Here are several suggestions on how
to find search firms to use.
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Ask people you are networking with for
referrals. A great way to get recruiters that are helpful is to ask
your networking contacts for help. Most of us have met someone along
the way that we really liked.
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Use Search Engines. As I mentioned a
moment ago, going to the common search engines and typing in "retail
careers" will get you to listings of some quality retail specific
search firms.
www.google.com
is our favorite search engine today.
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Go to
www.Hotjobs.com or
www.monster.com, or
www.careerbuilder.com and use their search jobs
feature. Type in a job similar to one you might be looking for and
review the list. What you are looking for is not so much the
listing but who is listing it. Ignore the company listings, look for
the recruiters.
These three should get you a pretty
nice list of recruiters. It wouldn't hurt while your building your list
to go for 24. You don't need to use them all at one time. But while
your doing your research why not get a good list. Be sure to capture
name, address, phone number, fax number, email address, and a contact if
possible. Also, you may want to try to see what companies they
represent or how many jobs you can find that they are working on.
What to do
once you've got the list:
This is the easy part. All that you
really need to do is send them an email and attach your resume. That's
it!
Here is a sample of what your email
could look like.
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I noticed a
listing/posting that your firm had on the internet. Your firm
looks like a quality retail executive search firm.
I am just
beginning my job search and would like to send you a copy of my
resume. I would hope that if you have a position where I might be
a possible fit that you would contact me.
Here are a
couple of highlights that might be helpful. I'm 47 years old.
I'm open to relocation but would prefer to stay in the southeast.
(FL, GA, SC, NC, VA, TN, AL, MS, LA, KY). In my last position my
base was $65,000 and I earned a $12.000 bonus last year.
My wife and I
own a home, but should have no problem selling it. We have two
teenage children.
I'm in
excellent physical shape, and I've been told that I interview very
well.
I'm looking for
a chance to work for a company where I can continue to grow
professionally and make a contribution that is beneficial to the
company.
At this point
in my search, I'm not looking to take a major hit financially or
position level. I realize though that sometimes an opportunity
may warrant at least a conversation. So, feel free to contact me
when you feel I might be a fit or have an interest.
Thanks for
letting me quickly introduce myself. Feel free to contact me at
anytime either by email or by phone on the numbers on my resume.
My voice mail at work is secure.
Thanks
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Now ....I know you are worried about
all the age, wife and other personal stuff right? Look, it's not
necessary or a requirement. Obviously if you are 50 or over....I would
leave the age part off. But remember, the recruiter is trying to help
you find a job. The more info you can give them, the better prepared
they will be to find you the right job.
You send this email and a Word
version of your resume, and you are in business.
What about a phone call? Shouldn't I
call the firm to introduce myself? Hey you can if it will make you feel
better. The truth is that a recruiter doesn't need your introduction.
The moment they review your resume, they will contact you if they have
something that fits. Otherwise you will get logged or filed for future
use.
Remember this key point about
recruiters. To them you are "the product". You are how they make
money. Your are their livelihood. So, when they have an opportunity
where they think they can place you, believe me ...they'll call!
What about
Follow-up?
It doesn't hurt to check in with a
recruiter occasionally. Certainly not more than once a month. It is a
better thing to contact them when you change your search parameters.
For example, if when you start your search you say "no relocation" and
then 60 days later decide that you need to be a little more flexible,
that would be a great time to contact the search firm.
You are not helping your cause by
constantly responding to other postings or calling the firm
consistently. I don't think a recruiter would necessarily "black ball"
you for being annoying, but one never knows. It certainly would be
tempting!
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Summary:
Let's summarize.
1. Get at least a dozen recruiters helping
you.
2. Make sure they are retail recruiters.
3. Choose either contingency or retainer
firms based on your salary level.
4. Send your resume an a cover letter/ email.
5. Follow up only occasionally.
That should do the trick. Top secret stuff to
help you deal with this group of "vultures" called headhunters.
(Actually we are really a pretty reasonable lot) |
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