How to Hire A-Players: Finding the Top People for ... - GIT home page
How to Hire A-Players: Finding the Top People for ... - GIT home page
How to Hire A-Players: Finding the Top People for ... - GIT home page
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<strong>the</strong> agreement if you don’t want <strong>to</strong> provide this in<strong>for</strong>mation <strong>to</strong><br />
an outside party.<br />
Confirm what state sales tax (if any) must be paid on search<br />
fees.<br />
A-Player Principle: Pay attention <strong>to</strong> <strong>the</strong> details of your<br />
recruiting contract. Follow <strong>the</strong> checklists in this chapter <strong>to</strong><br />
avoid unpleasant surprises down <strong>the</strong> road.<br />
A Word about Fees<br />
Using Recruiters Wisely 149<br />
Recruiting fees typically range from 20 <strong>to</strong> 30 percent of first-year<br />
starting salary, plus any additional expenses <strong>the</strong> recruiter incurs<br />
during <strong>the</strong> search. I once worked with a contingent recruiter who<br />
occasionally agreed <strong>to</strong> work at reduced fees with clients who negotiated.<br />
He made 30 percent of starting salary with Company A and<br />
20 percent with Company B. Company B thought it had driven a<br />
greatbargainwithhim,butitdidnotaccount<strong>for</strong><strong>the</strong>factthatit<br />
was always <strong>the</strong> second client <strong>to</strong> interview <strong>the</strong> A-players he<br />
recruited. This recruiter sent his strongest candidates first <strong>to</strong> <strong>the</strong><br />
companies that paid full fees.<br />
You don’t have <strong>to</strong> pay absolute <strong>to</strong>p dollar <strong>to</strong> recruiters, but you<br />
must be willing <strong>to</strong> pay a competitive rate. A firm that takes a bargain-basement<br />
fee arrangement is often desperate <strong>for</strong> business and<br />
will likely not represent your firm well in <strong>the</strong> marketplace. You do<br />
get what you pay <strong>for</strong> when it comes <strong>to</strong> recruiters.<br />
Lessons Learned from <strong>the</strong> Best Recruiters<br />
There are times when you should hire an outside recruiting firm.<br />
<strong>How</strong>ever, <strong>the</strong> primary point of this book is that you and your team<br />
must take responsibility <strong>for</strong> finding and hiring A-players. What can<br />
you learn from <strong>the</strong> best recruiters about how <strong>to</strong> find A-players?<br />
Here are some takeaways.