Welcome to The Fordyce Letter:

The Fordyce Letter

Straight Talk for the Recruiting Profession


Uncategorized

Business, Contract Staffing, Industry News, Uncategorized, Weigh In!

Contract Staffing Business Is On the Rise



Arrow-chart

Last week, MRINetwork released a statement discussing the momentum that contract staffing has been gaining lately:

The contingent employment industry is traditionally a leading indicator of post-recession economic conditions and a reliable predictor of future employment trends. Cautious employers hire temps first, hedging their bets on the recovery, recognizing it is easier to scale back if demand doesn’t materialize. This cycle is no different, say the contract staffing experts at MRINetwork, except this time employers plan to maintain a larger portion of their workforce as contract employees even once business recovers.

This is something that we, and many of you, have made note of in the last several months. Tim Ozier, director of contract staffing at MRINetwork, states, “During the recession, employers learned to refocus on their core business, realizing that a smaller core workforce that was well trained and technologically astute was more effective and nimble than their pre-recession staff. As firms emerge from the recession they are, of course, beginning to hire full time workers but they are also seeing a larger role for highly skilled contract workers who are engaged on an as-needed basis.”

Good business owners observe market trends and learn to adapt their business to meet the needs of their customers. But do you think this is a staying trend, or simply a typical gun-shy reaction to the supposed end of a recession?

Uncategorized

American Employment Law Applies in Foreign Countries



fordyce-default

Several years ago, I was unemployed in London after moving to the U.K. to marry a U.K. citizen.

I quickly noticed an obvious difference in the employment process I encountered in London during my job search as compared to the process on job searches I had conducted in the United States. As a recruitment professional (with major American corporations) all of this seemed very odd and strange to me; I intuitively thought somehow American federal employment law must (or at least should) certainly apply (even in the U.K.) since I was being interviewed and screened for (or seeking to interview with) American firms.

I vowed someday to find out about the international reach and applicability of American employment laws.

After all, as an American living in Britain, I did not have the inherent right to criticize or challenge the employment practices of British firms, I am not British!

However, as a native born American I possess the inalienable right to question, criticize, and challenge the employment practices and behavior of my country’s firms (no matter where they operate)! And I have the absolute right as an American citizen to hold them accountable for their employment behavior even in the U.K. since it was different than what I had experienced in the States.

Uncategorized

Got Faith? Jordan Greenberg Now Does



fordyce-forum-logo

Jordan Greenberg’s average fee collected in 2009 was down 53% from 2008. He had had a good life, home, and education for his kids — but things sure turned awful, he told the Fordyce Forum today.

He made sure things wouldn’t stay that way. In short, here’s what he did:

Uncategorized

Friend or Follow



fordyce-forum-logo

One of Shannon Myers‘ favorite tools is one you’re also likely to find valuable in your recruiting and contact management.

Myers, speaking at the Fordyce Forum in Las Vegas, suggests you take a look at “Friend or Follow.”

Uncategorized

Some Websites to Use in Getting Publicity



fordyce-default

Recruiter Carolyn Thompson has been quoted by major news organizations like CNN and the Wall Street Journal. Thompson gave Fordyce Forum attendees today in Las Vegas some of the useful resources for other recruiters looking to get their expertise in the news.

Uncategorized

Jen Lambert: Bring Clients the Good Stuff



fordyce-forum-logo

Jenifer Lambert says she knows what recruiting firms’ clients want, and has even boiled those wants down to something so short it could fit on a Twitter tweet, as follows:

Good news! Your clients want to pay you. They would be happy to pay you, but they have expectations that you must not violate.

Lambert, speaking at the Fordyce Forum in Las Vegas today, knows clients can be pains in the rumps.

Uncategorized

Know Your Competitive Advantage



fordyce-forum-logo

Do you and your firm have a competitive advantage? Have you defined it?

Sanford Rose Associates’ Tim Tolan, speaking at the Fordyce Forum today in Las Vegas, says his competitive advantage is defined as follows:

Our competitive advantage is our ability to assess executive talent and match a candidate’s skills based on our client’s requirement. We do this by having real-world experiences and from being in our industry for decades. Our in-depth search process allows us to present candidates who will exceed our client’s expectations 100% of the time.

Uncategorized

Jon Bartos’ Tips to Recruiting Success



fordyce-forum-logo

On a 99-degree day in Vegas, Jon Bartos told Fordyce Forum attendees some of what’s made him a recruiting success.

  • Attitude matters. “There’s no time for loser recruiters,” he said, smiling (as he played the Queen song “We Are the Champions”).
  • Practice the “golden rule.” Bartos’ gold-plated guideline is to never let an offer go out that could cause a candidate to say, “let me go away and think about it for a while.” You need to know what they need and want before the offer comes in. Bartos will kill a deal partway through the hiring process if it’s not going to work out, but he doesn’t wait for surprises at the end.
  • Manage time better. “We all just have to watch what we spend our time on,” he says. Some of the culprits he mentions: chatting with family on non-emergency calls, as well as picking up the phone to take incoming calls when you’re not sure who’s calling.
  • Change how you seek new business. You may be spending too much time pursuing new clients, and not enough getting more business and connections from existing clients.
  • Use technology more wisely. Repeat the same processes (if they work), rather than reinventing them. Develop a research/recruiting checklist that works for you and stick with it.
  • Deliver within 3-5 days.
  • Make sure you’re working realistic, quality assignments. Bartos measures job orders on an A-B-C scale; if a client wants a VP who it’ll pay $50,000, for example, in a region where salaries are $75,000, that’s a red flag.
  • Pre-qualify and re-qualify. You may, for example, be very surprised to find your candidate — even a very high-income earner — has declared bankruptcy. Depending on the job, that may not be a deal-breaker, but it’s the kind of thing you can miss by making assumptions.
  • Set expectations. The candidate needs to know what to expect from you, such as when you’ll be returning their calls. At the same time, they should know what you expect from them.
  • Be insightful. The more you know a client, the more you know a candidate, the more you know an industry, the better off you’ll be. “You have to know the marketplace better than everyone else,” he says. “You get that, and guess what: game over.”
Uncategorized

Choosing, Using, and Enthusing a Collection Agency, Part 2



fordyce-default

In yesterday’s Part 1, we discussed the first two steps involved in collecting fees. Today we continue with the remaining four steps:

3. USING A COLLECTION AGENCY

Most collection agencies view commercial (business) debts as difficult to collect. Unlike consumer (personal) ones, they lose the effectiveness of their major weapon — fear. Businesses who don’t pay their bills promptly are used to receiving demand letters for payment. Some are shrewd, some are sloppy, but more are sophisticated.

It doesn’t take long to get a lot of practice when you stop paying your way.

Uncategorized

Help Your Placement’s Transition



fordyce-default

I have been a recruiter since 1988 and have held leadership positions with large national companies as well as owned my own executive search firm for 10 years. I’ve been a member of the Pinnacle Society since 2006 and am also certified as an executive coach by the International Coaching Federation.

What a lot of people don’t know about me (besides that my first job in high school involved wearing a bear costume for kids’ birthday parties at Chuck E. Cheese) is that I actually started a new job in January.

After 10 years on my own with two business partners, we amicably parted ways, and I was recruited by a large regional CPA firm, Goodman and Company, to provide executive recruiting and human resources consulting services to its client base. This was one of the hardest decisions I’ve ever had to make, but it has been a great reminder about the transition our candidates go through when changing jobs.

It has been a rough road in our industry recently, even for a seasoned recruiter, causing me to pause and reflect on what made me successful in the first place. I told someone recently that I feel I was a much better recruiter when I was less experienced. I wasn’t as efficient as I am now, and certainly didn’t have the trust-based relationships I do now, but I think I had better attention to detail because ultimately, more was personally at stake with every deal while I was building my business.

Now, much of my business comes to me based on my established reputation. But with more orders to fill, it’s easy to get sloppy. I took my own job change as an opportunity to revisit some of the fundamental placement principles and fine tune my skills.

I watched my former Pinnacle Society colleague Tony Byrne’s videos as a starting point: 30 Steps In The Placement Process. The first time I watched this I found myself thinking: “I can do this in 15 steps. Why 30?”

But in watching the suspender-clad training guru (who left us much too early, and was succeeded by Danny Cahill as training chair for the Pinnacle Society), it reminded me not only of how much I miss the ‘80s, but also of how business was conducted before technology took over.

It was a great primer about bridging the gap between the keyboard and the phone which advancing technology has created.