Recruiters move fast. You have to. When a client needed to hire somebody yesterday, the pressure is on you to produce top talent as quickly as possible. Once you produce your rockstar candidate to the client, it's on to the next job order. You'll follow up on candidate submissions and interviews, of course, to make sure that your client is happy and that you're credited with your amazing referral - but what happens when your client is slower to move than you realized?
Fee Catcher has found that fewer than 10% of candidates are tracked over time, causing you to miss 5-10% of your placed candidates. While many recruiters will track candidates for 30 days following a submission, clients may take longer than that to complete their recruitment process (check out these stats from Dice on time-to-fill) or may pass on your candidate for the current job order, but hire them later for a different position. As any seasoned recruiter knows, your clients don't always notify you when a successful placement occurs, so your hard work can go unnoticed once you've stopped tracking candidates - resulting in missed revenue.
Today, Fee Catcher and Talent Rover announced a partnership to bring the benefits of automated fee monitoring to Talent Rover’s customers. With Fee Catcher, Talent Rover customers can now improve profitability by scanning the candidate submission data in their account for revenue opportunities and will be alerted when a successful placement is made, so they can collect the fees owed to them. This partnership aims to make candidate tracking a more efficient and profitable experience for staffing and recruiting firms, so they can focus on doing what they do best - recruit.