Some financial services recruiters are now being paid nothing at all

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Is there any chance that the most recent postings could appear on P1?

Thanks

Am somewhat alarmed by the acrimony this article has created - on both sides of the fence.
Why not just accept that there are good and bad apples in every industry (which includes both recruitment and banking / finance) and, who purposefully buys bad apples?
That said, "Caveat emptor" perhaps?

Excellent analogy Mr. Pusher. Did you ever see the film "The Kite Runner"? No doubt it would have provided you with many more whimsical comments.

Recruitment is a tough job, anyone who says otherwise hasn't done it themselves. The best recruiters are those that not only understand the market and the jobs they are recruiting for, but also those that can create and keep the relationships going. No doubt that these guys are still doing ok in the current environment. However, recruitment is also a really dull job. Cold calling, spec CV's, every recruiter has used some degree of underhand tactic at some point, email shots etc. hardly equate to a satisfying and rewarding (in the non- sense) job. And if those 'headhunters' start whinging about their top-level relationships/non-CV bashing type of recruitment, then maybe they should consider all of the fake calls they make to map markets, pathetic shortlists they produce and their total reliance on researchers.

I didn't meet one recruiter who wouldn't give up recruitment to do a well-paid 'normal' job with long term prospects. All of those that turned to recruitment were failures in the FS markets.

'nuff said. :-)

Jar, couldn't agree more with what you are saying. In the boom times certainly there were more "Cv pushers" around but these times are gone. If you meet with a recruitment consultant still in the industry they are likely to be highly competent and will be the best people out there to find people the right role.

Remember that in a strong wind even a poorly designed Kite will fly, where as in the duldrums only the very best will sore up there.

You bankers are all so pompus ! How you love to take the moral high ground . Clearly what you do for a living is worthy ... right ?

Outraged, is it possible that you are just getting older ? Recruiters can be like policeman in that way...... However your typical grad with a couple of years in recruitment is no doubt thinking about taking a gap year quite soon, if in fact they are'nt already on it !

The market is 1000 times tougher than it has been at any other time in the last 5 years, perhaps this is in fact the toughest market the financial services recrutiment industry has EVER faced. This market will sort the men from the boys. If you find yourself visiting a recruiter still in a job in 2009 / 2010 they are more likely to be in their 30's than in their 20's.

The recruitment industry is famous for having a high turn over, both in the good times and the bad times. The reason for this is that it's a tough job whatever way you cut it.

Most of those sitting at home wandering how they are going to pay the mortgage, making snidy comments on this web site and wandering where it all went wrong would not last two weeks in my office. Let alone in their cosy back office