Be Your Own Boss, Minimum Risk: International Executive Recruiters Wanted

Want to be your own boss, with minimum risk, investment and earn big bucks in a short period of time?

We are an established, international executive search firm, with a network of offices in the Asia Pacific region. We specialized in the executive search of middle-level to senior management positions for all industries and functions.

As part of our expansion plan, we are looking for a small but select number of experienced and qualified Search Consultants. We invite committed, ambitious entrepreneurs who like to be their own boss and make big bucks in a short period of time, to join us as Associates. We provide you all the necessary support to help you succeed.

DAILY HAPPENINGS

HEADLINE FOR 13th February 2009

Retail sales rebound, jobless claims stay high (click to read more>>>>>) http://www.reuters.com/article/newsOne/idUSN1244419520090212

TIP FOR 13th February 2009
Be Prepared To Create Change

When you lead, you will inevitably cause changes. You have to be prepared for them and their impact on the people around you. Remember, you are not leading if you are not making changes.

USEFUL LINK

http://www.groupcard.com/landing/ (GroupCard group greetings for the office, classmates, family, and friends.)

THIS WEEK'S RIDDLE: Win a S$10 shopping voucher

A millionaire died. In his will, he instructed that there should be a horse race between his two sons and the one whose horse was the slowest would inherit all his assets.

Many days into the race, the brothers had made no progress.

A sage gave them an advice. They jumped on the horses and raced as fast as they could to the finish line.

What was the sage’s suggestion?

Answer: _____________.

Send your answer to ess@ltc-cpa.com before 20th February 09 and stand a chance to win a talking pedometer. Answer will be announced on 23th February 2009.

Do come back and find out if you are the winner!


Sunday, January 11, 2009

An Experience with an Unscrupulous Recruitment Firm


As in many other countries, the recruitment market in Singapore is highly competitive. Facing such fierce competition, some recruitment companies would resort to unscrupulous tactics for self interests, with total disregard for the employers and the candidates.

My experience with an unscrupulous recruitment company last week was really an eye opener. I was searching for an Accountant and called up a candidate for an interview with me. In the current economical downturn, the candidate was absolutely delighted to hear from me. He was enthusiastic and agreed to come to my office for an interview.

During our dialogue, he told me frankly that another recruitment firm had contacted him for a similar role. Since he was coming to see me, he would inform them to hang on.

The candidate turned up punctually for his interview. After the lengthy and thorough interview, I immediately drafted the recommendation report and submitted it to the client on the same day.

The next day, imagine my shock and frustration when I received an email from the client informing me that the same candidate had been referred to them by another firm.

The candidate was equally frustrated and upset when I told him about the situation. It was apparent that the other firm had emailed the candidate’s CV to the client to “lock” him in though instructed by the candidate to “hang on”; when they learned that he was coming to my office to interview for a similar role.

Initially, the other firm denied that the candidate had given them instruction to hang on. After much insistence from the candidate, they then finally relented and agreed to “withdraw” his CV.

In the Singapore recruitment market, due to the highly competitive nature, many unscrupulous recruitment firms resort to resume-dumping to their clients, in order to be the first company to lodge the candidates’ CVs with the clients. Such firms will cut corners, work for their self-interests and totally disregard the interests of the clients and candidates. The clients will typically pay the recruitment firm that sends in the CVs first. This penalized those recruitment firms that go through the tedious task of interviewing, assessing the candidates and drafting proper recommendation reports. In many cases, the unscrupulous firms would have sent in the CVs by the time the recommendation reports reached the client.

Ironically, the clients typically consider the recruitment firms that send in the CV first as the representatives for the candidates. Such practice has indirectly encouraged some unscrupulous recruitment firms to cut corners and resort to resume-dumping to lock in the candidates. That is very frustrating to the recruitment firms that have put in the quality efforts to meet, interview, assess the candidate and draft detailed and proper recommendation reports.