BNET Insight

What Would Bing Do?

The business world is a dangerous place. Need help? Ask Stanley.

The Truth About Executive Search Firms

May 18th, 2009 @ 10:15 am

15 Comments

Categories: Career

Tags: Job, Recruiting, Recruitment & Selection, Human Resources, Workforce Management, Stanley Bing

Dear Stanley,

I’m a relatively senior person who was recently laid off. I’ve got a bit put by, but my savings are not enough to cover me for very long. I’ve got a few options I’m looking at, as well as some search companies that have reached out to me. Should I just put my faith in executive recruiting firms?

Out Looking

Dear Lookout,

I have frequently put my faith in executive recruiting firms. They are staffed by knowledgeable and helpful people, many of whom worked in corporate Human Resources before they decided to (or were forced to) go into the search world. They mean well. They work hard (sort of). And they make their living by putting jobs together with people who are right for them. I can also tell you that not once in my entire career have I ever been offered a suitable job by a recruiting firm, nor have I hired a candidate who came in through one. Perhaps other people’s experience is different. They make their living somehow, and they have my admiration. I hope they get me a kick-ass job one day. But so far? Nope.

Perhaps the problem that applicants face with search firms is that we misunderstand their mission. Their job is NOT to get you a job. It is to fill a position for a company that has hired them. So you go in, all bright-eyed and bushy tailed, and give a great interview, and they like you, and everybody feels good. But at the same time, they’re not really interested in finding YOU a job. They’re looking at you and thinking, “Would this person be a good fit for the thing that Microsoft is talking with us about?” Or, “How would this individual fit in at Xerox?”  It’s a subtle difference, but a telling one. They’re working for Microsoft or Xerox or Boeing or Bank of America; they’re not working for you. So if you don’t seem right for whatever they have on hand, you’re out of luck. Nobody is running around thinking, “I wonder what we can do for Morris Schwenky today,” or “You know, Sheila Magoo is a terrific woman. I wonder if there’s a great job out there for her.” That’s just the way it is. So for sure, hit every executive search firm you can find. Interview like mad. Take them to lunch. Kiss their babies. But get out there and continue to do your own thing, too, because 99 times out of 100, it’s going to be your own efforts that land you the assignment you want — or possibly those of your Aunt Marcia. I say that because it was my Aunt Marcia who got me my first job a long time ago, the one that mutated into the position I now hold. Thanks, Marcia!

Stanley Bing is the bestselling author of Executricks, What Would Machiavelli Do?, Sun Tzu Was a Sissy, 100 Bullshit Jobs...And How to Get Them, and many other books. For more Bing wisdom read his monthly column in Fortune and visit stanleybing.com.



Need help surviving the corporate jungle?
 
Reply to Story

BNET TalkbackShare your ideas and expertise on this topic

Subscribe to this discussion via Email or RSS

  •  
    1

    ric822

    05/18/09 | Report as spam

    RE: The Truth About Executive Search Firms

    I would recommend that you contact your local One Stop which provides Job Search services for free thorough the Workforce Investment Act (WIA).

    Here is the site to find the one in your area:

    http://www.careeronestop.org/PeoplePlaces/PeoplePlaces.aspx


  •  
    2

    mrob4031

    05/19/09 | Report as spam

    RE: The Truth About Executive Search Firms

    I understand that position. I think it's probably even true of most executive search firms. But not all. I've talked with a friend of mine that's the CEO of one, and he says the best part of his job is being able to place someone in their dream job. Yes, they are technically working for the companies, but the good ones are also looking at candidates as their clients as well. It's more difficult, but he believes it's worth it.

  •  
    3

    Pat_Meehan

    05/19/09 | Report as spam

    RE: The Truth About Executive Search Firms

    Stanley,

    A message to candidates working with recruiters:

    A good recruiter works daily to build strong business relationships with many companies who see value in the recruiter?s ability to source candidates that can meet the job requirements. Building relationships requires accountability and self-awareness. If a candidate says "A recruiter has never gotten me a job" this candidate is not self-aware and not accountable to himself/herself for success. If you want to win the recruiter, provide information like your current/last salary, areas you will relocate to, if any, whether you are a renter or homeowner, when you can start a job, etc. This is information a recruiter needs to present you to a client company. If you are proactive and provide this information up front, you will catch the eye of the recruiter. The recruiter will submit 3-5 qualified candidates and the company actually chooses the one they like in the interviewing process. However, a recruiter who has strong relationships has a lot of pull and his/her opinion is weighted in the decision. It's up to you to win over the recruiter. Don't hold the recruiter accountable for your success and don't blame the recruiter if you don't land the job. It's up to you, the candidate, to be accountable, self-aware and self-improved. Therefore, the next time you apply to a recruiter, do it in a proactive way with the accountability for your success on your own shoulders. Be accountable for your own success.

  •  
    4

    trescott

    05/19/09 | Report as spam

    RE: The Truth About Executive Search Firms

    Dear Lookout has had an experience with recruiters...maybe several, but misunderstands the levels of recruiting as well as the mechanics.
    Yes, some firms have contracts with companies they recruit for or in fact supply contract workers. Some of these workers are actually working on projects of the company, but are in fact working for the personnel leasing company.
    Others work both sides. They might have a job they are recruiting for, or they might have an exceptional individual who they will in fact go out and help create a job for. I've done that too.
    There are other groups that while they may be trying to fill certain jobs they've found out about, offer a good deal of training or retraining, and then try and place you.
    Then of course there are those who get paid to teach you how to find a job...like the 40plus clubs. Or those who will edit your resume to make things more focused for you. Or classes at community colleges where you can learn the process (although I teach the process, I've never liked the way these things have been presented to me in books or in classes, so I do it differently...currently as a volunteer with some success.)

  •  
    5

    Lalsatjobs

    05/19/09 | Report as spam

    RE: The Truth About Executive Search Firms

    I feel that Stanley is missing the point here. Yes ES firms get paid by the hirer and are looking out for talent to fill spots which are presently vacant, but ES firms will often place people in positions that they would not hear about individually and in much better positions than the individual would have dreamt of - this is because a (good) ES firm will, as mentioned earlier in this thread, draw out pertinent details and will coach and prepare the jobseeker for the interview. Don't forget the skills of holding a great interview are not always present in (for example) a highly experienced chemist or an accounts executive, so some help in this kind of area can make all the difference. Stanley is also mistaken, if a good candidate comes through our door, we have a bank of existing and past clients who we can and do contact to see if they have a need for a particular skill set. It only costs a few phone calls. I'm not trying to mislead, ES firms are not magicians, they can't conjour up a position if the market does not have one but as with many things in life it's a case of 'right time - right place' and your chances of matching the time and place go up significantly when you go through an ES firm.

  •  
    6

    JonGlesinger

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    Having previously been in in the Executive Search industry
    in a variety of guises, it is easy to see most of the points
    made. Each individual will have a different experience with
    individual search consultants. I have placed people I have
    kept track of over the years and many become clients. The
    problem is for the consultant/headhunter, it is massively
    complex to stay personally connected to everyone. An
    almost impossible task if one is to engage with clients as
    well. They do fulfill a useful and very serious role in
    helping companies and individuals to engage in what should
    be a highly valuable process of finding the right people.
    bear in mind also that many of the positions are not
    advertised. Also bear in mind the reality that the vast
    majority of positions are filled directly.
    There are firms and people who do promote the individual
    to client companies by the way.
    If you are 'retired' or are about to (and for Baby Boomers, retirement means carry on working, just not in the old
    sense) then you may like to consider membership at
    www.ExpertAlumni.com where individual expertise is the
    key.

  •  
    7

    langer9

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    Too funny! And I thought I was the only person completely annoyed by "Executive" Search Firms.

    Find a good recruiter in your field and network your tail off!

    You will find that trying to sell yourself to 1 of these Executive Firms is like talking to a rock vs selling yourself to an actual employer, is very enlightening afterwards and you will wonder why you even considered them at all!

    Avoid the firms, they will prove to be a great waste of time.

  •  
    8

    Team WestPro

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    As an owner of a Employment Consulting firm, which Executive Search is one of the services we provide I understand the frustration that some are having with a number of these firms. I would like to suggest although that selecting a professional, service or a product is the responsibility of the person searching for it. For example there are great, good and not so good lawyers and doctors. Over the last 26 years, we have placed hundreds and hundreds of people, and have watched many of them grow from young professionals to top executives. Our Company/client network reaches thousands of managers both nationally and internationally many of which we have worked with for all 26 years. My suggestion to all is to take the time to make good sound decisions on whom you allow to represent you (Company or Jobseeker), and if your decision is a quality one and you have selected a top notch staffing organization/professional you're chances for success have increased 100 times over.

  •  
    9

    clarkm

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    Stanley's got it right. To all those supporting the firms, I'd like to hear some real, true to life examples where these firms actually focused on the individual. Most support above is in the form of generalizations, not specifics. The firms I've worked with, and these are some of the most reputable in my area, wholly and completely ignored everything I told them about what I desired in a job opportunity and simply found companies who had openings that were a best fit to my past experience. Worthless! I could do that on my own. I'm in sales and I made it specifically clear that I was looking for a major industry change. I ended up with all the same old list of characters, many of them were competitors of my current employer. That's the challenge to you recruiters out there, Show me where you where able to place a professional in a true career changing position.

  •  
    10

    Love To Coach

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    With duer respect Bing you are not the ideal ES candidate.
    As other have said:
    1. Not everybody is as connected to their industry as you.
    2. Not everybody is a verbally adept as you.

    And what others haven't said:
    3. Not every persons expertise and career choice is as broad as yours. Some people are very specialized and have a handful and tight knit group to which there skills are applicable. Having the middle man, do a stealth search can be invaluable...Even if you are already unemployed, you don't want everybody to know you are looking.

  •  
    11

    Lea44

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    I would have to agree with ric822. I used an executive search firm and was not having much luck. Then I saw an ad for a local Workforce Investment (WIA) Act One Stop. The One Stop helped me find a great job and they did it free.They are a great resource.

  •  
    12

    TCMCATCMG,BTBSGOF

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    I have used and been placed by headhunters and the first replier he is correct: they are out to make money, not be nice to you.

    There are employee-paid searches, too, and they will be selling you. But they are not cheap (at least $10K)

    Don't get me wrong, there are some great headhunters out there. Hard working, have a lot of contacts, great sales people. I have used them to find people for me and they have done a great job.

    Now, as the late Mr. Harvey would say, "the rest of the story..."

    On the other hand, here is one experience where I actually got hurt by one:
    The headhunter (I'll call him Mr. Bull) got my resume off a 'net job site, called me, and laid on the BS. "I have lots of jobs just like you are looking for....blah blah blah...let me pass around your resume to some of my friends and I'll have you an offer in a week..."

    I did not think much of it. After 20 years in corporate America my BS meter was as fine-tuned as any, but, hey, I was out of work so I said sure.

    A few weeks go by and one day I get a note back from a company I had found on my own and sent my resume to. We had been talking and I thought they were calling to schedule the interview. Ends up they are "closing my account" because they had gotten my resume, totally unbeknownst to me, from headhunter Mr. Bull. They did not want to get into "complex issues" with Mr. Bull, even though he did not have my explicit permission to send my resume to this company. I was off the short list.


    So I called Mr. Bull and he said, "yes, I send out your resume to EVERYONE I know...you said I could." Email spam generators are cheap, so he would 'shotgun' the market. If he hit one that was hired through another channel, for example I did, he would go back to the employer and say he sent my resume to them so he should get his fee.

    The employer did not want the hassle dealing with Mr. Bull so I got fired before I even started working!

    The lesson I learned: don't let the headhunter send out your resume unless you specifically agree IN ADVANCE that you are the right person for the job and that you have not already approached this employer. If they will not tell you who they are sending your resume to, I suggest you find one you can trust. They are out there...amongst the Mr. Bulls of the world.

    Caveat emptor,
    TCMCATHMG,BTBSGOF



  •  
    13

    LifeisBella

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    As Mr. Bing correctly illustrates and as I've often stated (most recently in the article http://www.goarticles.com/cgi-bin/showa.cgi?C=1496966 5 Ways to Get a Job Through a Recruiter): Third party recruiters exist to find people for jobs, not jobs for people.

    Back in the day, when jobs were more plentiful than candidates, it was not unusual for recruiters to market their most placeable candidates to current, former and prospective clients. The purpose of this marketing exercise was not to actually place the candidate but rather to uncover openings that could then be worked more fully. That is much different than the wholesale faxing of resumes that TCM experienced.

    That said: there are firms that operate from a ?first do no harm? perspective and those are the ones to get involved with. Retained search professional recruiters will insist on an exclusive relationship with candidates and they will also want to know where you?ve already applied. This helps them avoid the situation TCMCATCMG faced.

    Executive recruiters are not the be-all end-all for job seekers but they do serve a useful function. And as stated by others, networking and applying directly with companies are still the most effective ways for job seekers to land a job. Having a good recruiter in your corner is just another arrow in your quiver.

  •  
    14

    rabbit_tim

    05/20/09 | Report as spam

    RE: The Truth About Executive Search Firms

    I have dealt with a number of these firms - there are warning signals - firstly if they charge you, this means they do not have a job, and will not guarantee to get you one - they are in it to milk peope who are down.
    Secondly how they contact you - many troll through job search sites and contact you even if they do not have a job, and even if you have specifically said only job related contacts and not third party or sales - despite this being against the 2003 regulations governing the behaviour of recruitment companies, and borderline illegal under the data protection act (gaining information under false pretences) - avoid these like the plague.

  •  
    15

    adamzais

    05/22/09 | Report as spam

    RE: The Truth About Executive Search Firms

    Why would you "outsource" all the work you should be doing yourself to someone else? If you work as hard as the recruiter does to network, find openings, etc. you'll get a job. Sorry to say, but there are no real shortcuts.

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement

Blogger Profiles

  • Blogger Thumbnail Stanley Bing Stanley Bing is the bestselling author of Executricks, What Would Machiavelli Do?, Sun Tzu Was a Sissy, 100 Bullshit Jobs...And How to Get Them, Crazy Bosses, and The Big Bing. By day, he is a haute executive at a gigantic multinational corporation whose identity is probably known to you. more »

advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here