How Missed Recruiting Fees Negatively Impact Recruiting Firms

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How Missed Recruiting Fees Negatively Impact
Recruiting Firms
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The hiring industry is on a roll now that the US
economy is thriving again, with
multiple businesses putting out job
openings. More companies and organizations are
looking to fill their vacancies by tapping into
staffing and recruitment companies. Surely,
recruiting firms are making it big in the middle
of this hiring frenzy. Despite the demand for
their services, though, there are some problems
firms run into that make them lose more than
gain. For example, missed recruiting fees make
such a huge impact some recruiting firms barely
even survive. But why are there unpaid dues? Are
there ways to avoid or recover these missed
recruiting fees? Lets deep dive.
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What Are Missed Recruiting Fees and Why Do They
Happen

• But first, what are recruiting agencies, and what
  are these fees associated with them?
• Recruiting agencies are the intermediaries in a
  hiring transaction involving a company and a
  prospect who may fit the current vacancy. The
  agency scouts, screens, and ultimately recruits
  the latter on behalf of the former.
• The intention is that the company who sought the
  recruiting agencys help will be as hands-off as
  possible in a process that could go extensive and
  arduous.
• Why are there fees?

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Backdoor Hiring 101

• Backdoor hiring, in a nutshell, is the process of
  hiring a candidate the recruiter scouted and
  introduced behind the recruiters back. Then,
  because it was the company that essentially did
  the hiring, they will give excuses not to pay the
  recruiters placement fees.
• Some tell-tale signs can clue you in on potential
  missed recruiting fees

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If the candidate already got scouted or applied
to the company

• Its tricky when the candidate has already
  received recruitment emails or has already gone
  through any steps in the hiring process. Its
  tough because the company can just claim they
  already knew the candidate without your help.

If the company knows the candidate
If the company knows the candidate through any of
the initial ways of contact stated above, theres
already a high possibility that they will pull
the we already know him card on you.
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If the hiring was put on hold

• The hiring process is advancing well, and you now
  even have a candidate, or two lined up when the
  company decides to put it on hold. Sure, it may
  be for any other reason. But sometimes, its
  because they were already hiring while you waited.

If the client went radio silent
You have all the reasons to be suspicious,
primarily if the preliminary interviews were
already conducted.
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If the candidate is MIA, too

• The same goes for your candidate if they are not
  replying, chances are they already got in without
  your help.

If the candidate barred you from LinkedIn
The professional networking site is one way to
get updates on your prospects. However, if they
blocked you or deleted updates related to you, a
backdoor hiring might have taken place already.
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How Can Recruiting Firms Claim Their Missed
Recruiting Fees?

• Aside from constant vigilance against the six
  ways to spot a backdoor hiring, recruiting firms
  should ensure they thoroughly researched the
  company and the prospects they will be working
  with.
• Securing signed contracts and having safety nets
  like a 12-month possessory period are surefire
  ways to guarantee they wont fall victim to
  missed recruiting fees.
• Recruiting firms can also invest in backdoor
  technology solutions to safeguard their interests
  and efforts. These AI solutions allow and empower
  recruiting firms to monitor candidates to avoid
  or prove backdoor hiring scenarios.