Recruiter Network: Placements Up Nearly 26% Compared to 2011

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According to Top Echelon Network, an elite network of highly specialized search firms, placements made by recruiters within the Network have increased almost 26% compared to this time in 2011.

Drea Codispoti

Top Echelon Network Membership Development Coordinator Drea Codispoti

Recruiters have more job orders, they’re sharing more of their job orders with the rest of the Network, and they’re making more split placements as a result.

In yet another sign that companies are looking to hire more than they were last year, the number of placements being made in a national network for recruiters has increased quite a bit during the past 12 months.

According to Top Echelon Network, an elite network of highly specialized search firms, placements made by recruiters within the Network have increased almost 26% compared to this time in 2011.

There are nearly 400 recruiting firms that are Preferred Members in Top Echelon Network. Within those firms are over 1,000 recruiters who share information with each other on a daily basis, all with one goal in mind: to make split placements.

In a split placement situation, one recruiter has the job order and another recruiter supplies the candidate. Once the job order recruiter’s client hires the candidate and pays the job order recruiter’s placement fee, the two recruiters split the fee.

According to statistics released by Top Echelon Network on Monday, September 17, placements in the Network were up 25.5% compared to this time last year. In other words, Preferred Member recruiters in the Network have made 25.5% more placements from January 1 to September 17, 2012 than they made from January 1 to September 17, 2011.

According to Top Echelon Network Membership Development Coordinator Drea Codipsoti, there has been a heightened level of activity between the recruiters in the Network. In fact, activity levels have been especially high during the past month or so.

“Usually, there’s a bit of a lull over the summer, but there wasn’t much of a lull this year,” said Codispoti. “Recruiters have more job orders, they’re sharing more of their job orders with the rest of the Network, and they’re making more split placements as a result.”

According to Top Echelon Network President Mark Demaree, these numbers further indicate that a need for hiring exists. However, companies are seeking certain candidates with a specific skill set. That’s one of the reasons they enlist the services of an executive recruiter: because they can’t find the candidates they need on their own.

“Companies still have needs, and they’re looking to recruiters to help them fill those needs,” said Demaree. “While the types of candidates for which they’re looking might be scarce, that’s why our Preferred Members are part of Top Echelon Network. The Network helps them find the candidates their clients want—namely candidates that other Network recruiters have—allowing them to fill the position and make a split placement.”

Top Echelon Network was founded in Canton, Ohio, in 1988.

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