In the world of job hunting, many terms, such as employment agency, personnel placement service, executive search firm, and executive counseling service, are all used interchangeably. Before signing on with a firm, it is important to find out what services the firm offers, how much the services cost, and who pays.
There are six general types of service. They are: public employment services, employment agencies, executive search agencies, temporary help services, executive counseling services, and job listing services.
Public Employment Services are federally funded and state operated. This organization is operated in all 50 states. They provide internet access to America’s job bank. On any given day, there are hundreds of thousands of job opportunities on any given day. They offer links to numerous employment and training programs.
Employment Agencies, which are also known as personnel placement services, work to fill specific jobs available within a company. Their main purpose is to bring applicants and employers together. Frequently, there is a placement fee. In many instances, the employer pays the fee but some states allow a business and an employee to split the fee. Or, the new employee may be billed later.
Executive Search Agencies are hired to find the “right” person for a specific job within a specific organization. These groups are sometimes referred to as “headhunters”. The executive who is placed through the use of a headhunter is not asked to pay a fee. Any fee that is required is paid by the searching business, that is a basic part of the agreement between the hiring company and the headhunting firm. These firms typically subscribe to a code of ethics established by industry members.
Temporary Help Services, or temp agencies, supply workers on an as-needed basis or for a temporary amount of time. The business will pay an agreed-upon salary to the temporary agency. The temporary agency then pays the temporary employee. The wage is paid for any and all work performed by the employees.
Executive Counseling Services, also known as career counseling services, help job seekers with determining the direction of their career and making career decisions. This is done rather than helping with job placement. These firms may offer services like skill identification, self evaluation, résumé preparation, and letter writing assistance.
Job Listing Services sell information about getting a job. They frequently utilize pay-per-call 900-numbers to spread information about job listings. These companies do not provide actual job placement. They might include general lists of job openings but nothing will be done by the company to help to ensure that an individual gets a job. They might also include general tips on conducting job searches and interviews as well as broad guidance in résumé writing. These companies may also include an up-front fee.