Which recruiting the agency is right for you? The answer is Light Recruit. End of article. Okay, we'll hold back the bias. Choosing the right recruiting agency can greatly impact your hiring success. Let's take a closer look at some key factors to consider when selecting a recruiting agency.
Niche Expertise
Does the agency specialize in a particular type of role? At Light Recruit, we focus on filling engineering and product roles for startups, which means we have established relationships with hundreds of engineers and product people with startup experience and can quickly fill your roles. Some agencies may specialize in sales, or marketing or finance or other types of roles. It's important to find an agency that understands your type of role that you're looking to fill and can deliver qualified candidates accordingly. Would you go to a pizza chef for sushi?
Size of Agency
The size of the agency can also make a difference. As a boutique agency, Light Recruit offers more flexibility and agility, which is ideal for fast-paced startups. On the other hand, larger agencies may be better suited for bigger companies with more complex hiring needs and legal requirements. However, they may be slower and less flexible in responding to your specific needs.
Their Clients
Consider the who the agency has worked with before. Light Recruit, for example, has a proven track record of working successfully with startups. We understand that they need candidates who built something from zero to one, not just added a feature. Other agencies may have experience with larger corporations and have more candidates that are better suited for the culture of a big company.
Exclusivity
Evaluate whether the agency requires exclusivity contracts. At Light Recruit, we believe in healthy competition and do not impose exclusivity contracts. However, some agencies may request exclusive partnerships, which means you may need to rely solely on their services.
Cost
Consider the cost of the agency's services. Most agencies work on either a contingent or retainer basis. Contingency means you only pay a fee if you hire a candidate, while retainer requires an upfront payment. The average industry rate is around 25-30% of the candidate's salary, but at Light Recruit, we offer a competitive rate of 20%. Remember, higher cost doesn't always equate to better service, so be sure to assess the value provided by the agency. Sometimes the extra percentages are simply to cover their larger overhead like expensive rent.
In conclusion, when choosing a recruiting agency, it's crucial to consider factors such as their niche expertise, size, their clients, exclusivity, and cost. Feel free to reach out to AriB@lightrecruit.com to discuss your hiring needs, and we'll be happy to assist. As we do not require exclusivity contracts, we're also willing to share our opinion on other agencies in the market.