Retained Search
A Retained Search Model in the recruitment industry refers to a method of search and contractual agreement where a company agrees to work exclusively with a recruitment firm to fill a specific position or several positions within the organization. In this type of search, the company pays an upfront fee to the recruitment firm to […]
Service Level Agreement (SLA)
Basic Definition: The term “Service Level Agreement” (SLA) in recruitment is a formal contract between a client and a recruitment agency or service provider that outlines the terms and conditions of the recruitment services to be provided. An SLA in recruitment defines the expectations and responsibilities of both parties, including the delivery timeline, response time, […]
Sourcing
Sourcing in the recruitment sector refers to the process of identifying and attracting potential candidates for job vacancies. The objective of sourcing is to find the right candidates, who are a good fit for the company and the role, as quickly and cost-effectively as possible. Sourcing can involve a variety of methods, including: Job Boards: […]
vendor
Basic Definition: The term “vendor” in the context of recruitment refers to a company or service provider that offers recruitment services to clients, typically in the form of staffing or placement services. Vendors may provide a wide range of services, including sourcing and attracting candidates, conducting background checks and reference checks, and facilitating the offer […]