Finding People – Recruitment Agencies

Using an agency can be a great timesaver, if you do decide to work with one here’s a few tips:

  • Negotiate terms you’re comfortable with.For early stage startups, hiring fees are generally better than retainers since you’re only paying for results. Fees higher than 20% are too much for your stage of business. Most agencies will be prepared to consider signing up to terms you create, so having a cover all Agency Agreement will eliminate a lot of operational risk and let you dictate payment terms and rebate periods.
  • You must give the agency time, direction and feedback. The recruiter will fail if you do not communicate with them about what you want and why, so help them calibrate and understand your team.
  • Give them your story.A recruitment agency will never sell the company as well as an employee can, so it’s up to you to give them your story.
  • Set a realistic deadline.Give them at least two months to find somebody. If things don’t work out, it’s okay to swiftly end the relationship.

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