The Difference Between Finance Recruitment Companies and Headhunters
When you’re looking for a job in the finance industry, finding the right representation is key to getting a good placement. You can spend time scouring want ads and job boards, but in order to get the best job for your skills, you’ll need professional help. This is where the services of financial recruitment companies come in handy. You might be contacted by a headhunter for a job, but in order to truly protect yourself and get the job of your dreams, you should understand the difference between financial industry headhunters and recruitment companies.
Financial Industry Headhunters
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A headhunter works for a particular company to find new talent. Usually these individuals are tasked with finding people with specific skills and attributes to fit a very specific job. Headhunters are tasked with finding these employees quickly, and they must be ready to step into the position with little or no training. Due to the fact that the headhunter is contracted by the employer, the headhunter has no obligations to the job seeker, and this can often lead to disappointment. Oftentimes the headhunter will find a suitable candidate and the person will get all excited about the prospect of this new job…until the headhunter finds a better qualified person and then the original candidate is left wondering what happened.
Headhunters typically earn more money than placement agencies, so they tend to be more aggressive in finding candidates. They get paid for fast placements, so the job seeker may often feel caught up in a whirlwind application process only to find out he or she didn’t get the job.
The main difference between a headhunter and a recruitment company is that the latter works for you and with you to find you the best possible job. The headhunter only has the employing company’s interests in mind.
Finance Recruitment Companies
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The financial recruitment company works for the job seekers to ensure that they find the best possible job for their skills. Agencies often have access to a large number of prospective job opportunities, and they work to match the best candidate with the best job.
Finance recruitment companies often work at a slower pace as they are not driven by time pressures to fill certain positions. Always put your best foot forward with a financial recruitment company as they have many potential candidates, and you will need to stand out from the crowd. The good news is that their service should not cost you any money–they will be paid after you’ve secured the job by the employing company.
Most people only have access to recruitment companies rather than headhunters, so it is imperative that you submit your resume with as many agencies as possible. Don’t waste your time giving your resume to a general employment agency. Work with a company that specializes in placing people in finance-related jobs.
What are your experiences with either recruiters or headhunters?