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TOP STORIESCandidates abusing recruiters8 May 2008COMMENTSIt actually saddens me when I see such negativity about the recruitment industry (especially in finance). I would never let anyone who works for my firm do anything listed above and they would certainly be in line for dismissal should they do this and hide it from me. Read all comments »With jobs harder to come by, bankers are behaving badly towards recruiters and headhunters, who are suddenly unable to slot them into comfortable new positions.
“We’re starting to get a lot of angry emails,” says one structured credit headhunter. “Bankers are approaching us and questioning why we can’t place them in hedge funds or commodities businesses. They’re venting their spleens, but there just aren’t the jobs.”
“Candidates are more rude and obnoxious,” confirms the head of a derivatives recruitment firm. “We get a lot of emails saying ‘You guys are no good at what you do’.”
“Candidates have become used to getting what they wanted over the past few years,” agrees Adam Buck at recruiters Selby Jennings. “They were able to say, ‘I want to work in a macro hedge fund with £x million under management,’ and we were able to deliver for them. That’s no longer always possible and people need to understand that the market has changed.”
Frustration might also have something to do with the fact that recruiters are no longer doing their best to accommodate everyone.
Zaheer Ibrahim at search firm Kennedy Associates says it just isn’t viable to spend time on borderline candidates any more: “The CVs we see are walking money. We’ll go for the triple and double As, but we can’t waste our time with people who won’t generate money for us in this kind of market.”
COMMENTSHH, HR & Recruitment, Tue 13 May 08I'm a headhunter with several prior years in the markets working for a mandate driven firm. I think it is sad to see such comments posted on here but needless to say I would bet these are the bottom quartile performers who were let go in the current restructurings. It is clear to see when dealing with candidates, that the more successful, mature and "market savvy" they are, the better they behave towards recruiters. Meet, exchange information, and in return get the best service and most help from us in trying to find a beter opportunity. Word of advice, if we don't know you, you're not in our system, you won't take our researchers calls and you act arrogant - you have less likelyhood to get any help when you need it. Unless I know it's a sure money bringer, I don't even put forward candidates with bad attitudes. Just a word of advice in a difficult job market! Add your comment »mr sovereign, Private Equity / Venture Capital, Tue 13 May 08Excluding maybe a few bunch of people, HH is an industry that could be eliminated.
Rosso e pelato x sempre, Trading, Tue 13 May 08Most of the opinions vented on this forum resemble the truth. Some HHs/recruiters are great, especially the ones that work on a retainer basis. That said, many newcomers do resemble carpet salesmen and have no idea what they are talking about, or who's who on the market. In the long run, the carpet salesmen and the firms they represent will not survive. Add your comment »Name will be supplied if requested, Operations, Tue 13 May 08People should not be getting angry with their respective agencies. There are a number of big houses in the market that are advertising for roles and interviewing but have either not got sign off for the role or have a headcount freeze. I have attended 3 x interviews for AVP/VP roles with 3 big houses in the past 2-3 weeks and to date have had no feedback from them at all. At first I did think that the agencies were not doing their jobs, however it seems that these big houses are mucking candidates around and not letting them know what is happening. So my message is if you have not got sign off for a role or you have headcount freezes then please let the agencies know so that they are sending candidates for interviews for no reason. These are peoples lives they are playing about with!!! Add your comment »DominiConnor, Tue 03 Jun 08Headhunters get a lot of stick here...
DominiConnor, Tue 03 Jun 08"Anon and irate" has a valid point.
Ms Professional, HR & Recruitment, Thu 12 Jun 08To all candidates - disgruntled or satisfied. Go and visit the website: www.hirescores.com which has been set up for people wanting to make comments about their experiences with recruiters. Add your comment »danny, Research, Fri 25 Jul 08i had no nice experience with HH, but the problem is some companies just don't post job openings on the web. if i have no friends working there, how can i know there is a vacancy? Add your comment »Laura, HR & Recruitment, Tue 29 Jul 08I do find it very sad that HH's and recruiters are held in such poor regard by candidates in the marketplace. There are those out there that work very hard for their candidates and will always go the extra mile - but then they aren't called consultants for nothing. If you want an transactional service then you use a transactional agency, if you want someone that kows the market then you have to deal with the fact that sometimes they know best and can advise you what the market is doing. Sometimes this is news poeple do not want to hear, hence the abuse.
templelola, Wed 30 Jul 08Candidates abusing recruiters...HA i would not recommend it but ...
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