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GUEST COMMENT: Do headhunters really hunt?

Before I joined banking, I had no idea what a head-hunter was or how to deal with one.

At university, I was told that what should concern me the most was getting onto a banking graduate program in the first place. Then once I had done the time - maybe in ten years - I would get a secretive call from a headhunter promising me a plush corner office.

Little did I know that six months into my career I'd be deluged by calls from recruitment 'consultants' telling me I had enough experience to move on. The fact that I hadn't really grasped investment banking didn't seem to be an issue.

A few years' on and I do now have the requisite experience, but I still have my doubts about the recruitment consultants who continue to plague me with calls. All too many times they don't really seem to know much about the position they're recruiting for; nor do they really understand my experience or what I have to offer.

Rather than assisting me in finding a position that suits my skills and aspirations, most recruiters operate a 'bums on seats' approach, in which all that's important is the commission that goes into their pockets.

It's also curious that even after speaking to these same headhunters for months on end, whenever I call their office I still have spell my name and they still can't remember what my experience is. Don't get me wrong - I'm not expecting my ego to be massaged, but after I've spoken to you on the phone every day for the past week, I would expect a flicker of recognition.

Instead, that 30 second initial awkwardness on the phone, as the headhunter frantically searches for your details on their database, makes me question how much they really care about the people they place and where they place them? How refined really is their approach to really placing the right people in the right jobs?

The first time I was placed in a new role by a headhunter, I received a call from him four months later. He said he'd found me the perfect opportunity. Once I'd explained that he had placed me in my current role and I was still an infant finding my way in the new firm, he proceeded to tell me that the company no longer had the same vision they had four months previously, and that this new company would be what I really wanted!

Joshua Blackburn is a pseudonym

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AUTHORJoshua Blackburn Insider Comment
  • Th
    The best you can be
    29 March 2010

    Specialist Recruiter - I couldn't agree with you more. Too many recruiters class themselves as experts in their "field" (which can seemingly be everything), where as the real truth is that they are only allowed to deal in that area because that is what was assigned to them by their company.

    Similarly to every market worldwide there is always going to be a huge difference between the best and the worst at a job, the best Headhunters in this market can add significant value not only to individual careers and lives but also in the strategy of businesses.

    Some would say "don't bite the hand that feeds you" when it comes to Headhunters - I say "remember the past but live for future - we all work hard for our goals, dreams and ambitions, if we can do that to the best our ability and work in a unified manner then the city will be strong again".

  • Pr
    Private Banker
    26 March 2010

    Sarah, thank you, you are absolutely right.

  • Sp
    Specialist Recruiter
    26 March 2010

    I'm sure there are many people in your industry that are absolutely shocking at their job.... as I'm sure there are many very good ones.

    You need to make sure you're dealing with a specialist... i.e. they only deal with a specific part of your industry. They will know your market/industry, your colleagues, management and which clients would suit your experience and skills.

    There are way too many people and way too many clients out there for a generalist to ever be able to offer a proper service.

    Funny how you were happy to use one of these terrible recruiters to find you your current role! Perhaps don't let yourself be pursuaded by these generalists to make the move.... stick to a genuine specialist.

  • Fa
    FatCat
    26 March 2010

    The last few years I have earned around 500,000 per annum as a headhunter.

    Yes I agree I left my ethics at the door many years ago, just like you fat cat bankers.

    Whats the differnece in telling your clients you think a stock is going up, when you know its not.

    Shame on you "John"

  • Al
    AliDesai
    26 March 2010

    come on Sarah - I just one or two names. I am sure they won't sue.

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