How much do head-hunters make?
How much do the best head-hunters make?
What are their qualifications - educational and experience?
What kind of hours do they work?
How do they get to where they are, basically.
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depends if you can place people or not, some have none and others worked in industry, they work a lot, depends but many use them then become one.. route i seen most often
interesting...i was thinking itd be more like HR majors or something
i think at lower levels you get that
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comission based on what...the earnings of those you successfully recruit?
I think it's a certain percentage of what the base pay is for the recruit.
common is 30% of base... usually its a rev share so you take home half of that unless you own the shop..
I've seen some recruiters (primarily at the big shops, focusing on PE) with pretty impressive backgrounds. A lot of them are women and former bankers so they are fairly adept in cutting through the BS, especially for pre-mba kids. For example, one recruiter who I've worked with followed the Princeton --> BB --> HBS --> recruiter path. I've also seen some shops that have recruiters who don't seem like they even had a bachelors..
agree 100% on this.. I am on the energy side and very common for top college - enron - to head hunter or other top job prior. you have to be able to build a book of business but at the mid and high level be able to understand the needs and place those people. I think you find more vanilla types at the junior level in accounting, IT etc etc
one top guy in houston said he made over 2 million last year in placements with only one junior person helping... 30% is roughly 600k to split after offices, benefits etc etc... he said last year which was one of the toughest he had faced he made 900k
If you are at a major shop, you can seriously bank. I have a friend that claimed to have made 400k+ in 2007, although this dropped down to less than 100k in 2008. Since all of the pay is placement bonus related, it is one of the more "feast or famine" careers around.
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