Recruiting Resources: Expense or Investment?

by Veronica Blatt

plant-seedling-300There are plenty of recruiting resources that firm owners can purchase. As business owners, it’s smart to pay attention to expenses, but sometimes that can be a short-sighted strategy when it comes to growing your business. While it’s true that everything that requires you to spend money qualifies as an expense, all expenses may not be equal. The key is for recruitment firm owners to understand the difference between an expense and an investment. Here are a few areas to consider: Read the rest of this entry »


Split Placement Story: “Efficiency Equals Money”

by Sarah Freiburger

additionIn a network, independent and boutique agencies look to add value to their clients and candidates by positioning themselves as global recruiters covering all specialties without losing their culture or personal service. When you are electing to involve another recruiter on a search, the efficiency you both show will always close deals. Here is a story of a brand new Sydney based member reaching out to another member.  They are both generalist recruiters, both looking to service their client and candidate as best possible.

The firm with the position joined NPAworldwide near the end of December of this past year. The owner and one of her recruiters had attended an open lunch meeting as a way to meet some of the members prior to joining. Right after Christmas break, this owner was already working the system to find a recruiter to match up to her client’s needs. Sparing no time, it was a matter of calling the other firm, and they proved to be very welcoming and friendly. The client required a Client Services Officer for their Financial Planning business in Western Sydney. They had advertised the position themselves but hadn’t had much success. After briefing the other recruiter on the role and giving all pertinent details that they would need to properly source a candidate, the search was on. As this was a first split experience, it was unknown how important this search would be to the other recruiter or what kind of results would be returned.

The very next day the recruiter already sent over an excellent candidate along with her reference check! The firm was amazed at this efficiency and extra step that was taken. The candidate met with the client on January 14th. They loved her. She subsequently had another interview and psychometric testing and the client offered her the role on January 22nd with an immediate start date. Both were so excited.  The firm would have never found this passive candidate with out the split partner’s help. The efficiency of delivering a strong candidate that was ready to make a career move made all the difference in this split.

In March, the client had already paid their invoice and the split fee sent to the other recruiter and the network; all in the space of two and a half weeks. What really seemed to click was the collaborative nature of working together to help place a great candidate. With both trading partners putting the focus on efficiency instead of letting time lag, everyone was on board from the start to end. The turnaround time was very quick and the mutual respect had been extremely refreshing.

If you have been wondering what the return on investment could be when joining a network or splitting with another firm, this is an excellent example of how a firm’s revenue grew in just over two weeks.

 


Job Seeker Tips: Writing Thank You Notes

by Veronica Blatt

coffee-cup-desk-pen-300Today’s guest blogger is Nick Hutchison, business development intern for NPAworldwide. Nick is a junior at Davenport University studying business and marketing. We are happy to have him on the team!

After recently attending an etiquette training session as a team building experience with NPAworldwide, we had many takeaways. The most important takeaway for me was the importance of a thank you note. Thank you notes can happen in many fashions; email, handwritten, etc. The importance of a thank you note is best described by this survey infographic from CareerBuilder:

Careerbuilder-Infographic-Thank-You-Notes

Some of the highlights from the infographic are:

  • 22% of employers are less likely to hire a candidate if they don’t send a thank you note after the interview
  • 86% said it shows a lack a follow-through
  • 56% said it indicates that the candidate isn’t really serious about the position
  • 89% said it is okay to send a thank you note in the form of an email

Thank you notes from both candidates and employers can make all the difference in the hiring process.  Following are some job seeker tips for writing thank you notes:

  • Send the note on the same day as the interview
  • Keep notes brief, 2-4 sentences
  • Send after every interview, not just the first interview
  • Mention a key topic from the interview
  • Make each note personal
  • PROOFREAD!

To improve the candidate experience, here are some tips for thank you notes from employers:

  • Send a “thank you for your time” note after a candidate is chosen
  • Offer where to look for new opportunities within your organization
  • State the position the email is in reference to

Whether you are a job seeker or an employer, it’s important to write thank you notes. Be timely and follow the job seeker tips above for the best results! Do you have any other job seeker tips you can share?

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Hot Recruitment Sectors

by Veronica Blatt

image of hot markets for global recruitersWe’ve seen a nice uptick in business this year, so for today’s post I thought I’d share some of the hot recruitment sectors we’re seeing.

For starters, total placement activity for NPAworldwide has increased approximately 25% compared to a year ago. This is the first year of combined data since merging with the National Banking Network in 2014, so it’s not surprising to see the growth. This is especially true since accounting / banking / financial services recruitment activity is up more than 350% compared to a year ago. The NBN network specialized exclusively in these recruitment sectors. Read the rest of this entry »


How the Best Bosses Impact A Career

by Dave Nerz

image of young boss with business teamAs we move through our careers, the bosses we have shape us. As your career progresses, you will learn from good bosses as well as bad. Our styles, methods and flaws are likely a reflection of how bosses made us think and work. Sometimes your relationship with a boss causes you to stay with an employer and in other cases it can drive you to search for a new career. Let me share with you my Mount Rushmore of the best bosses.

The Motivator/Results Boss – Kenny

One of my first bosses was Kenny Sanders. He was both inspirational – in almost a cheerleader kind of way – and at the same time a results-focused freak. He was like the player Jerry Maguire represented in the movie, with a “show me the money!” approach to the business world. While my current employees would have preferred me to adopt more of the cheerleader components of Kenny, I think the results focus had a more lasting impact. I remember Kenny (by the way who has a boss that actually goes by Kenny?) always had us clearly focused on the numbers and the deals we were doing.

The Risk Taker/Empowering Boss – Bill

Still early in my career, I was hired as a sales manager by a boss. He was the consummate risk taker. Bill always had a bet going with someone about something. In fact, when he hired me he was breaking a company guideline on how to fill an open position based on seniority and process. He wanted me and didn’t care what the HR department had laid out as the “proper” way to do things. He pointed his reports in a direction and then let us do our work. He hated to be surprised by things and although he was quiet and reserved in most instances, maybe not one to share much unless asked, he expected full disclosure from his direct reports. No holding back. I saw my fellow direct reports try to work him and hold back details…it was the downfall of many. The best thing you could do is step into his office and say “I made a mistake, let me tell you what happened” and let it loose. He would get mad and reinforce your mistake but when it was over, it was over. Mistakes did not get repeated.

The General – Dave

Dave was always at war. With corporate, with the distribution channel, with customers and with his staff. He was a win-lose guy. He wanted to win and everyone else needed to lose. He sent people on “missions” and into “battle.” He was not ex-military, but it sure felt that way. He demanded perfection and complete loyalty from employees. He supported employees to the ends of the earth, right or wrong, he was there 100% of the time. While he was fun to work for because everything was so clearly black or white, I learned a great lesson from him. When he is gone you need to remain comfortable with how you worked and what you did even for a new boss, perhaps less directive and less supportive. So it was a business is a balancing act. You cannot always win; you need to find more win-win options and exercise the win-lose scenarios less frequently.

The Coach – Manny

As you mature in your career and in business, sometimes you need someone to hear you out and offer ideas. Manny was a great listener and could offer feedback on the many options in front of you. He never needed his way, just offered advice. Always told you when you did good things, was willing to work with you on any ugly task or situation side-by-side, and was gentle on you when mistakes were clearly made. He made you want to do more, take more chances and to take on the ugliest of challenges. Never demanding, but rather a good reminder of what was required and when it was due.

So through your relationship with a boss, you are picking up leadership traits, styles and perhaps learning to do things a certain way. The best bosses can be making you better. The bad ones could be taking you down a path that will require correction in the future, perhaps even a search for a new career. Be aware and take the best and leave the rest behind.

Anyone willing to share their Mount Rushmore of best bosses or worst bosses?

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How to “Break In” to a Recruitment Network

by Liz Carey

people-woman-coffee-meeting-largeNew recruiters come into a recruitment network to expand their reach, build their revenues, and to better serve clients and candidates. But If you’ve never been in a split network, what’s the learning curve? How does it work? How long will it take to get that first split placement fee in your pocket? Where do you start?

Here’s how a recently new NPAworldwide member closed her first deal. First, she reached out to the network’s headquarters, asking if there’s anyone we suggest she connect with, as a financial services / accounting / banking industry recruiter in the greater New York City area. Staff sent her several names and phone numbers, and she reached out. 

Second, she attended a new member community call that the network held. The call was hosted by a longtime member who shared his tips on how to make more splits. She also attended another network call on how to procure international business from your existing clients.

Third, she was responsive to two other NY-based members who reached out to her and who have a very similar focus on the financial service and hedge fund space. These two recruiters invited her to lunch in Manhattan, where they both work, so they could meet face-to-face and discuss their success on NPAworldwide and how they can help her optimize the power of the NPA network, according to one of the recruiters.

“I believe this was a pivotal point in defining our relationship and success going forward,” he said. “Following our in person lunch, we summarized some immediate action points and agreed to send each other some open requirements.”

One such role was a Senior Compliance Officer in the hedge fund sector based in San Francisco that he had been working on for four months and was unable to fill.

Within a week, the new NPA recruiter that he reached out to sent him a great candidate, which his client wanted to interview right away. The phone interview went well, and the candidate was invited for an in-person interview the next week with the hiring manager and two partners. They made an offer, and the candidate started last month at a $150,000 salary. With a placement fee of 20%, the two recruiters split a $30,000 commission.

So within 3 weeks of joining NPA, this new recruiter had her first deal closed. She and the other NY-based recruiter now have two additional requirements that are in varying stages of success. She said one of the things that makes the partnerships successful is that the two recruiters who reached out to her are very quick to get her feedback. Openness and transparency shows a level of trust that can reassure a new member that recruiting isn’t always a dog eat dog world.  

“That’s a tribute to their professionalism and the strength of their relationships and it makes my team and I want to work on their assignments,” she said. “Anyone in this business for any length of time knows that is not always the case with partners or clients and it is appreciated and it’s the stuff long lasting relationships are made of.”

This deal not only shows the power of the network, but the power of folks who take the time to reach out to a new person and introduce themselves. Your first placement will happen, and it’s in your hands to reach out to likeminded members to facilitate the process.image of explore membership button


Recruitment News: Trade Secrets, Microsoft, and LinkedIn

by Veronica Blatt

newspaper-racks-300Today’s guest blogger is Martin Snyder, Main Sequence Technology. Founded in 1998, Main Sequence Technology creates talent acquisition technology solutions wherever and however organizations are built. PCRecruiter is the solution of choice for thousands of third party recruitment, corporate, and outsourced staffing teams across economic models and around the world. PCRecruiter provides comprehensive CRM and ATS functionality converged into database, voice, and email interfaces to empower recruiters to do what they do best with accessible, cost effective technology. Main Sequence is proud to serve the NPAworldwide organization and our many individual NPAworldwide-affiliated customers. To learn more, please visit www.pcrecruiter.net.

I was going to write this post about the Defend Trade Secrets Act of 2016, (“DTSA”), which will have some effects on the recruiting industry. Events overtook that plan however, so I’m going to split this post and talk about both DTSA and Microsoft’s acquisition of LinkedIn. Read the rest of this entry »


Split Placement Story: Global Reach has Big Payoff

by Sarah Freiburger

yes weAt a recent Global Conference for our network, we approached firm owners with the idea to “pledge to work internationally” to take advantage of the fact that they were in a worldwide network that allowed them a unique advantage over other independent firms by giving them local partners on the ground all over the world. These partners know the language, culture, and are able to provide boutique service to your firm and clients without you sacrificing your business. Many times, it is the extremely rare searches that client’s offer that will keep you respected with their company if you, by some miracle, are able to fill. If you can handle that, why would you not be able to handle all their other searches? Read the rest of this entry »


Manpower Reports Positive Global Hiring for Q3

by Veronica Blatt

image of world clocks to represent global hiringManpower has released the results of its latest Employment Outlook Survey. For the upcoming three months, global hiring is expected to grow in 40 of the 43 countries surveyed. However, growth is many of these areas is expected to be slower than the previous quarter as well as on a year-over-year basis. Following are some highlights from the survey results:

The Americas

Read the rest of this entry »


Different Cultures, Different Ways to Find and Hire Employees

by Veronica Blatt

globes-300Today’s guest blogger is Robson Barbosa from Selpe in Brazil. Selpe provides executive search services in the areas of automotive, mining, services, retail, healthcare, transportation, and construction. Robson serves as the NPAworldwide managing director for Latin America.

According to the Harvard Business Review, hiring good people has been a challenge for over two thousand years. The first attempt to select people in a scientific way dates back to 207 BC, when officials of the Han Dynasty in China created a long and detailed job description for civil servants. Even then, many of the hires were unsatisfactory. Read the rest of this entry »


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