Split Placement
A collaborative recruitment process in which two or more recruitment agencies or recruiters collaborate to fill a single job vacancy is referred to as split placement. Each recruiter may take on different aspects of the hiring process in a split placement, such as finding candidates, conducting interviews, or managing relationships with candidates. Recruiters can increase their chances of finding the ideal candidate for a position by combining their expertise and resources.
When a recruiter or agency finds a job opening but does not have suitable candidates in their own network, the split placement process typically begins. They talk to other agencies or recruiters who might have access to a larger pool of candidates or are experts in a particular field or set of skills. The recruiters then negotiate and agree on the split’s terms, such as who gets to share candidate information, who splits fees, and what each party is responsible for.
For agencies and recruiters, split placements have a number of advantages. They make it possible to reach a larger talent pool and have access to it, which makes it more likely that the best candidates will be found. By utilizing the expertise and networks of multiple recruiters, it also cuts down on the amount of time and effort required to fill a vacancy. Split placements foster a sense of partnership and cooperation within the recruitment industry by encouraging recruiters to collaborate and share knowledge.