Human Resources: For the Recruiting Industry, an Extraordinary Opportunity Arrives

NEW YORK, May 12, 2010--While some pundits claim that contingency recruiting is going the way of the dinosaur, a new article by BountyJobs' chief executive officer, Mike Hard, declares that the industry is far from extinct and that search firms and headhunters can carve out a thriving, successful future by adapting to the challenges they face in key ways.

Hard's article, titled, "For the Recruiting Industry, an Extraordinary Opportunity Arrives," outlines the momentous changes that the recession and the rise of Internet-based candidate sourcing tools have wrought upon the contingency recruiting industry. Hard then looks ahead to the industry's post-recession future and the competitive realities that will shape the ways employers, recruiters and headhunters interact. Download a complimentary copy of the article, no registration required, at http://www.bountyjobs.com/information/press.html.

Among the challenges that search firms and headhunters must adapt to in post-recession contingent recruiting:

- Employers will rely on search firms and headhunters principally for hard-to-fill jobs.
- The Internet will fundamentally change the way employers evaluate, engage and work with their third party search partners.
- With employers firmly in control, headhunters must adapt by differentiating themselves in ways they've never done before.

"One of the realities facing contingent recruiting is that employers are wielding greater control in their relationships with search firms and headhunters," Hard says. "More and more, employers are calling the shots when they use contingent firms and headhunters. They're setting their own fees and they're getting more selective when choosing external partners, opting to work only with those who have a proven track record in their areas of need. Rather than bemoan this situation, the best headhunters and recruiters will embrace it and welcome the chance to compete on the basis of differentiation, responsiveness and speed."

To download a copy of Mike Hard's article, "For the Recruiting Industry, an Extraordinary Opportunity Arrives," visit http://www.bountyjobs.com/information/press.html.

About BountyJobs
Headquartered in New York City, BountyJobs is the global recruiting marketplace where employers engage top headhunters to fill any job, anywhere. With over 10,000 active headhunters, a third of the Fortune 500 as customers and hundreds of millions in bounties across six continents, BountyJobs is the most effective recruitment marketplace in the world. For additional information, visit http://www.bountyjobs.com/.

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