Contingency Recruitment (Database)
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1 Contingency Recruitment (Database) 1 Foundation Recruitment Contingency Recruitment
2 What is Contingency Recruitment (Database)? Contingency Recruitment is the entry level of service that we offer at Foundation Recruitment. When taking a contingency instruction we are agreeing to supply the client with CV s from our carefully managed database of active candidates, for the client to review and if deemed sufficiently relevant, call forward for interview and ultimately appoint to the role. Moreover, our ratio of 1st interviews to 2nds sits at a month to month average of 70%. What this means for our clients is that they are not inundates with irrelevant CVs, do not waste time on interviews and quite often have difficulty in choosing between our candidates when it comes to offer. Why is it effective? Our ability to effectively service clients at this level comes not simply from the strength of our database, but also the detailed knowledge that we have for our markets in which we operate. This knowledge ensures that all of our Consultants are very accurate in their skills matching of candidates to particular positions. Furthermore, they recognise and understand the operational and cultural differences between our clients businesses and bestow a significant proportion of their decision making to these factors before introducing candidates to clients. Candidates that register with us will be subjected to rigorous questioning around motivations, geographic limitations, family considerations, salary expectations. This depth of questioning minimises the possibility of surprises once the interview process begins. This level of diligence ensures that as a company we have excellent ratios in terms of the accuracy of our activity. By example, on average we secure 2 interviews for every 3 CVs we submit to vacancies. 2 Foundation Recruitment Contingency Recruitment
3 Candidate Generation? Our candidates are generated by a variety of means including: Referral from friends or colleagues who have had a positive experience with Foundation Recruitment. This is a particularly rich source for us as a business. Brand awareness - we have continuous brand advertising on all the relevant real estate news and job sites which drives candidates to us. Our website allows candidates to apply to advertised jobs or simply register. As a recognised recruitment company within the property arena, active job seekers regularly visit our site. Job adverts - we advertise widely both online and in print within property and retail publications. Search Candidates - generated as a result of executing Search work and retained by us to return to with other roles. Networking - we have connections across many of the industry governing bodies and regularly attend domestic and international conferences, seminars and social functions. These events often put us in contact with individuals perhaps considering a new job search but requiring advice and direction. Ideally, we would carry out face-to-face interview with all candidates that register with us but given we are a national and international business this is simply not always possible. We do conduct Skype interviews with remote candidates. If we haven t met a candidate of potential interest to you, we will advise you accordingly. 3 Foundation Recruitment Contingency Recruitment
4 Are there limitations? Contingency recruitment can be very effective, not least as it can be a speedy and accurate means to source and secure active jobseekers into positions. The method does however have limitations. In certain roles, perhaps due to factors such as geography, specialism or level it is possible that there may not be suitable, active job seekers on our database. Despite extensive marketing of the role through our various channels, it is possible that no response is forthcoming from the candidate market place within the time constraints that the client is working to. It may be that a certain role requires a skillset that is widely sought after in the market at a certain time. This can and does result in clients competing for the same individuals. In these situations, a client may fail to secure their preferred candidate despite a potentially protracted and detailed interview process. Other Foundation Recruitment services such as Retained Selection Campaigns or Search Campaigns can dramatically improve the likelihood of the client securing their desired candidate within a set period of time. Further details can be provided upon request. Fees Our Contingency Recruitment terms and conditions of business can be provided to you as a separate document. The recruitment fee falls due when the selected candidate starts in post and it is protected by our rebate policy. 4 Foundation Recruitment Contingency Recruitment
5 Manchester Office: Chancery Place 50 Brown Street Manchester M2 2JG T: +44 (0) London Office: 33 Cavendish Square London W1G 0PW T: +44 (0) Foundation Recruitment Contingency Recruitment
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