Welcome to The Fordyce Letter:

The Fordyce Letter

Straight Talk for the Recruiting Profession


Debra Feldman

Debra Feldman is the JobWhiz™, a nationally-recognized executive talent agent who designs and personally implements strategic, customized senior level executive job search campaigns that banish barriers and accelerate smoother, successful landings into positions often created in response to her compelling introductions. In addition to her private practice, writing featured columns, and conducting exclusive workshops, she is a recommended resource to alumni of top-tier business schools and has been profiled in Forbes as Matchmaker: Part Sleuth, Part Networker. Contact Debra via www.JobWhiz.com and follow her on Twitter at @Debra_Feldman.

Articles by Debra Feldman

The Business of Recruiting

Should You Be An Executive Talent Agent?



business-executive

Being retained by, advising, advocating for, and representing prospective employees can be a fulfilling career in the recruiting industry, especially for those who enjoy individual job search coaching, extensive interaction with candidates, and focusing on individual candidate’s needs.

Executive talent agents and headhunters (also called executive search consultants or external recruiters) are often mistaken for each other. They appear to produce the same outcome: introducing executives to potential new employers. However, the two roles should not be confused. The two professions are paid by, loyal to, and represent separate parties that may have different priorities and opposite interests related to the employment transaction.

For candidates, having an executive talent agent can be a competitive advantage by providing expert, confidential, personalized career guidance, exclusive entrée to prime inside connections, and comprehensive professional services that support the daily job search-related needs of busy executives. Various financial models exist. Some agents collect 100% of their compensation from candidates. Others work on a modest retainer from candidates and charge employers a much larger placement fee. Total compensation for each client can range from a percentage of an executive client’s annual compensation to a project-based or hourly fee. While executive agents are engaged by candidates, hiring authorities also benefit when an experienced third party serves as a liaison brokering a transaction.