EditorialsBy Matt Bud, Chairman, The FENG

There are evil doers

From our daily member newsletter on May 7, 2020

The executive search business isn’t what it used to be, but then what is? And, who knows what it will be during (or after) COVID-19. I hate to bore those who already know the primary difference between recruiters, but I hesitate to assume. Retained recruiters typically have an exclusive right to find a particular candidate for a firm and they get paid whether they find an acceptable candidate or not. The only problem is that since they have been paid, they sort of have to keep working on it. Contingency recruiters don’t have an exclusive and will typically present what candidates they can find and then quit looking. Please understand that there is nothing inherently evil with either type of [ Read more… ]

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