More Related Content Similar to Working with a Private Equity Recruiter (20) More from Private Equity Jobs (11) Working with a Private Equity Recruiter 1. Working with a Private Equity
Recruiter
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2. Recruiters = Matchmakers
• PE executive recruiters are visible &
highly valued
– Affect careers & profitability of firms
• Learn to work effectively with
headhunters
– Service offers many benefits
• Their interest is making
sure the hire &
transition period go
smoothly
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3. Establish a Solid Relationship
Benefits of working with a private equity
recruiter:
• Greater exposure • Increased
– Existing contacts efficiency
– New firms – Master networkers
• Career consulting • Confidentiality
– Right fit based on – Minimize exposure
current market, your risk to current firm
background, desires • Personalized PR
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4. Align Your Interests
• Get the attention of the right recruiter
• May pre-screen for openings
– Candidates not on short list may make
“future” list
• Request appraisal of your fit with
current position
– Level of interest for future positions
• Invest time with recruiters who want
to work with you
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5. What’s Your Sign?
• Retained vs. contingency
– How recruiter is compensated for finding the
candidate hired by a firm
• Retained
– Paid in advance
– Tend to work on higher level positions
• Contingency
– Paid once referred candidate is hired
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6. Understand the Difference
• Retained: Higher likelihood of
placement if they feel you are good fit
• Multiple contingent recruiters work on
a single opening
– Recruiter’s odds of placing
candidate are increased by
submitting multiple resumes
– You are simply one of many
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7. Respect Recruiter’s Time
• Recruiters can earn large fees
– Placement fees range from 20% of hire’s first
year’s compensation to as much as 35%
• With their paycheck, and likely many
month’s work on the line, recruiters
may be impatient
– Unresponsive candidates likely will not get a
call back
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8. Follow Some Common Sense Rules
Check:
Is there a good fit with the recruiter before committing?
Discuss:
Timing: when will
Allegiance: Communication:
Compatibility Honesty you be ready to Confidentiality
exclusive or not how and when
make a move
Remember:
Private Equity Recruiters do not work miracles, but they can guide you through the
job search process
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9. Thank You
Visit JobSearchDigest.com
for more information
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