The recruiting/staffing industry, which according to statistics is considered one of the fastest growing businesses in the United States today, has finally "come home". If you are not familiar with this industry, recruiters are third party agents who help employers find potential candidates for job vacancies. When employers hire candidates referred by recruiters, the recruiters are paid a fee which is approximately 10 - 35% of the total annual income offered to the candidate they place in the position. For example, for a candidate whose annual income is $100,000, the recruiter pockets anywhere from $10,000 - $35,000 depending on the fee agreement.
By now most people are aware of the reports of labor shortages and the major changes in the labor force dictating these changes, such as the retiring baby-boomers, globalization of industries, lower birth rates, and the introduction of a new generation of workers whose expectations and workplace attitudes are still under observation. Such shortages have turned the employment environment into a complex battlefield with employers pitched against one another, in a war for talent. The outcome being that more administrators and executives turn to recruiters as experts, in search of talent. With positive results in this field, the demand for recruiters and agencies continues to grow!
Recruiters are finding that with increased technologies, more advanced networking opportunities and comprehensive training, they can perform the same functions that they perform in a workplace from the comfort of their homes, without compromising productivity. For anyone considering working from home professionally, the recruiting industry is definitely ripe.