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Glossary |
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Applicant:
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A skilled, qualified, individual being
considered for employment. |
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Client:
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An individual or firm, who engages
Anderson Associates to source, interview, skill test,
reference check and present qualified applicants. |
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Contingency Search: |
| Contingency search orders fill the
gap between entry-level placements and those handled by the retained
searches. These searches are paid at the conclusion of the search
assignment - the fees are "contingent upon" the successful placement of
a professional in a position. The annual base salary typically starts at
$30,000 and peaks at about $75,000. This option is ideal for the bulk of
lower- to middle-management assignments. |
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Direct Hire: |
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When an applicant starts employment
immediately on the client’s payroll. |
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Employment Agency: |
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A professional service firm that is in
the business of sourcing, interviewing, skill testing
and reference checking qualified Applicants to place in
the employment of their Clients on a Temporary, Temp to
Hire, Direct Hire, Contract, or Executive Search basis. |
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Job Order: |
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Request of a client to source, interview
and place an applicant. |
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Placement: |
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After being introduced by the employment
agency, a mutual agreement by between the Client &
Applicant to begin a working relationship. |
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Recruiter: |
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A skilled professional in sourcing &
matching Applicants with Clients. |
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Retained Search: |
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Retained Executive Search orders are considered to be an exclusive
contract with a specific company. The company would hire ANDERSON
ASSOCIATES to find a particular executive for a specific position,
and pay a retainer fee during the course of the search process for our
consulting expertise. The assignments best suited for a Retained Search
have an annual base salary that starts at a minimum of $75,000 and can
reach as high as the multi-million-dollar level. |
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Temp to Hire: |
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When a Client has a Full Time opening,
with a set base salary & benefits, but prefers the
Applicant to remain on the employment agency payroll
during the initial 90-day employment period. |
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Temporary: |
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An Applicant placed to fill a Client’s
short-term job or project that typically has a known
duration. |
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