Sunday, June 14, 2020

Why do Recruiters Post Fake Ads

Why do Recruiters Post Fake Ads Why do recruiters post fake ads? I receive this question from executive job seekers on a pretty regular basis through direct emails, on job search coaching calls and through the LinkedIn Premium Job Seeker Group that I moderate. Job seekers are perplexed by corporate and third-party recruiters will post fake ads ads that do not seem to be for real, open jobs. Well, I can assure you the ads are not fakeads cost money. Ad money is not being spent to play with the hearts and minds of executive and professional job seekers. Given that third-party recruiters often have to pay for ads before receiving a fee, they are most often being (1) If an ad is paid for, and the right candidate applies within 10 days (which is not always the case, by the way), the recruiter will leave up the ad for the remainder of the ad term to get as many good applicants to add to their inventory for the ad dollars spent, even if the job advertised is filled. Most often, there will be another job just like it to fill in the future. The subsequent candidate help the recruiter build their network in this discipline and industry to improve the speed and ease in filling the next position that will be similar. (2) Third-party recruiters work for the company--not the candidate. The company pays the recruiter. So occasionally, a recruiter will run an ad for a job they ANTICIPATE their client will need filled soon. This way they have the inventory upfront and recruitment process completed BEFORE the job comes in from the company. This planning allows the recruitment company to respond very fast to their client company's needs by submitting qualified candidates immediately and beating their competitors --and not starting the recruitment process at the time the job is placed with them. The company looks favorably on the recruiter for this type of work. (3) Along the same lines, recruiting company competition is fierce. Many recruiters are paid on a contingency basis, meaning the recruiter gets paid only AFTER the placement is made. So they are working, in essence for free, until they make a hire with a company. As a result, the recruiter is taking steps to anticipate client job needs and fill their inventory with ready, qualified, top-tier candidates to introduce to their clients as the need arises. (4) Ads may be recycled if the recruiter is filling the same type of job for the same and/or various companies. Hope this gives you some insight into the behind-the-scenes activity regarding ads in the world of a third-party recruiter. Be Well! Lisa

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