The Lucrative Market of Flat Fee Recruitment

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Staying ahead of the e-recruitment revolution.

Any recruiter knows that finding the right talent for your clients recruitment campaign before your competitor is crucial, and is essential to your business's success..No surprises there!

However with traditional recruitment methods being challenged by the shift in availability of online services to corporate companies, recruiters need to be far more entrepreneurial and inventive than ever before to compete in the e-recruitment arena. Recruiters need to be experts on the best use of internet based e-recruitment services to source top talent whilst working to tighter budgets and deadlines. Flat Fee recruitment is a perfect accompaniment to traditional recruitment methods and is an ideal way to offer clients a way of reducing their cost per hire whilst not increasing yours.

So what is of Flat Fee Recruitment

Flat Fee recruitment is an online recruitment / e-recruitment service that is seen as a speedy and flexible alternative to traditional recruitment methods and can be used by clients to reduce their cost per hire by keeping the majority of their recruitment process in house.

Flat fee / Fixed Fee services all follow the same process of web optimised advertising, CV screening and filtering then providing employers with a pool of relevant and quality candidates prior to the in-house interview process.

Flat Fee Stage 1. The job we love to hate.

With 8 out of 10 people now using the internet to find their next job, online recruitment or e-recruitment is proving to be an indispensable resource in finding candidates. In order to tap into this

emerging talent pool recruiters need to get under the skin of the flat fee /fixed fee e- recruitment revolution and transfer these benefits mixed with their own unique selling points to offer their clients an additional service that compliments other recruitment income revenue streams.

Rule number one is transfer what they are looking for into a web optimised job advert magnet, so whoever is looking will find your job post first. Gone are the days of cutting and pasting a few lines of job spec text and crossing your fingers. The most successful e-recruitment and flat fee companies employ the use of copy writers or at the very least follow detailed job writing guidelines (simple steps to writing a recruitment advertisement) for every role. The difference can be staggering. if your job appears on page one of search results rather than page 4 you can figure out which role will attract the best talent first.

Flat Fee Stage 2. Exposure, Exposure, Exposure.

Recruiters need to be aware of where to put the adverts to be found. With over 1000 job boards out there and growing daily it can be a complete mine field with certain low traffic job board media wasting a lot of time and more importantly money. Recruitment consultants need to know who the most relevant job boards are with the most traffic in order to attract the broadest range of relevant candidates. A vital source of information is hit wise which will tell you the most trafficked sites.

Another very important point about exposure is that no single job board can continually return results and quite often some vacancies need to be placed on up to 5 job boards (niche and generic) to return the required candidates consistently.

Using e-recruitment resources to maximise your offering.

The recruitersite multipost platform is an excellent tool to kick of a Flat Fee / Fixed Fee division. The going rate for a flat fee service is between £495 for a scaled down service to £995 for full managed advertising campaigns so with recruitersite multipost advertising packages starting at just £89 it is easy to see why more and more recruitment agencies are now offering this type of service as an add on to their normal daily recruitment activity. The added benefit is that if they already operate in a niche sector they will be able to bring industry specific experience to enhance the Flat Fee / Fixed Fee process for their clients.

f you require more information on how our service can assist with the flat fee process or have any questions please do not hesitate to give us a call on 0845 604 8343

Thanks To Mark Jones FIRP