Recruitment Blog 2024 | Firefish Blog

Does Your Agency's Business Model Allow for Future Growth?

Written by Andy Mckendry | Thu, Sep 08, 2016

When you break it down into its simplest terms, your recruiters' goals are to match jobs with suitable candidates. But we don't like to talk in simple terms, because our industry has evolved around this basic formula.

Instead of dumbing it down, we want to encourage you to rethink the way you sell your services. There are plenty of ways to package up how your recruiters deliver their magic, and there are a number of business recruitment models to consider too. Each agency business model presents a different set of benefits, alongside new challenges. The work you put in to choosing your chosen business model will dictate the best structure and direction for your agency.

For any agency starting out, or even a more established one rethinking its structure, it’s important to choose the right model for the goals you want to achieve. This puts strong foundations in place making it easier to plan for future growth.

In this eBook, we’ll cover 5 recruitment business models in depth in order to help you make the best and most informed choice for your agency:

  1. The Contingency Model
  2. Preferred Supplier Lists (PSLs)
  3. Retained or Executive Search
  4. Recruitment Process Outsourcing (RPO)
  5. Self Service