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Working with a Private Equity
         Recruiter



         © Copyright Job Search Digest
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
© Copyright Job Search Digest
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

© Copyright Job Search Digest
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
© Copyright Job Search Digest
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

© Copyright Job Search Digest
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

© Copyright Job Search Digest
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


© Copyright Job Search Digest
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


© Copyright Job Search Digest
Thank You

                                        Visit JobSearchDigest.com
                                           for more information

                                             © Copyright Job Search Digest

Images used with permission from Microsoft

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Working with a Private Equity Recruiter

  • 1. Working with a Private Equity Recruiter © Copyright Job Search Digest
  • 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 © Copyright Job Search Digest
  • 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 © Copyright Job Search Digest
  • 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 © Copyright Job Search Digest
  • 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 © Copyright Job Search Digest
  • 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 © Copyright Job Search Digest
  • 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 © Copyright Job Search Digest
  • 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 © Copyright Job Search Digest
  • 9. Thank You Visit JobSearchDigest.com for more information © Copyright Job Search Digest Images used with permission from Microsoft