Recruiters: The Missing Link
Executive recruiting is a multi-billion
dollar international industry that acts as
the missing link between a half million job
seekers and employers each year. At last
count, there was over 125,000 executive
search practitioners in the United States,
according to The Fordyce Letter, the
industry’s leading trade journal.
There is hardly an industry or profession
that has not spawned its own coterie of
recruiters. They cover every conceivable
pocket of the job market from food sales to
data communications.
Generally speaking, recruiters work within
well-defined niches. To make sense of a
complicated employment market recruiters
classify their candidates according to:
• Title or function that refers to their
descriptive title or rank within the company
such as president, chief financial officer
or chief information officer.
• Skill or application that refers to
their specialized abilities such as tax
accounting, IBM AS/400 systems programming
or secured lending; and
• Product or service in a particular
industry such as manufacturing, technology,
legal or accounting.
For example, a recruiter might place
engineers (title) with computer-aided design
experience (skill) into positions with
companies that build submarine hydraulic
systems (product). Other recruiters might
place CEOs (title) with plant management
experience (skill) into companies that
process frozen broccoli (product).
Of course, recruiters can use other means to
define their markets. Some take an
industry-specific approach such as retail or
construction. You will probably find a
recruiter is more interested in how long you
have worked in a particular industry rather
than your title or function.
Skill-specific recruiters take the opposite
approach; the skills of their candidates are
primary and the product or service of the
host company is secondary. This is the
preferred method of recruiters who
specialize in placement of senior level
management.
Think of your own experience. How would you
classify yourself? Your answer will help you
put your career into perspective and help
the recruiter determine whether you fit into
his or her market niche.