Why use the services of a search
firm? (return_to_top)
Corporate Internal recruiters utilize job postings,
succession planning, web sites, career fairs, and job ads generally to source
candidates for lower levels. For higher-level positions, the talent supply is
more scarce and these individuals do not typically use those methods to search
for new jobs. Therefore, external recruiting firms are often used to increase
the pool of talent available for senior level positions.
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Why do companies use Diversity search firms? (return_to_top)
To recruit
exceptional Diversity candidates, many clients' experience is that the
traditional paths of recruiting do not produce the caliber of talent they seek.
Furthermore, companies recognize that Director level and above Diversity
candidates network and associate themselves with other people of color and women
both personally and professionally. Accordingly, to identify and recruit
qualified Diversity candidates requires a distinct expertise found at TMG. Firms
engage TMG to leverage our proprietary Diversity candidate networks.
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TMG is a Retained Search Firm--What is the difference between a Retained
and Contingency Search Firms? (return_to_top)
Exclusivity Retained search
firms (RSFs) have a relationship/agreement with the client to conduct searches
on an exclusive basis. In contrast, Contingency Search Firms (CSFs) do not have
exclusivity to present candidates for requisitions /job openings. Rather a CSF
may be one of several firms who are aware of a company's opening and have been
duly approved as a preferred vendor to present
candidates.
Fees RSFs are typically paid a fee of 30-35% of a
candidate's estimated first year cash compensation (base, sign on bonus &
target bonus). These fees are usually billed in 3 installments.
On the
other hand, CSFs usually accrue a fee of 20-30% of a candidate's base salary
ONLY and the CSF will be paid contingent on an actual placement. CSFs do not get
reimbursed for approved, out-of-pocket expenses.
Position
Level RSFs are engaged to conduct searches for executive level roles
paying base salaries of at least $125K+. In contrast, CSFs are usually hired to
fill lower level management positions paying less than
$90K.
Research Finally, RSFs conduct extensive research,
sourcing, recruiting as well as behavioral (face-to-face) interviewing before
they present candidates to their clients. CSFs typically do not conduct
extensive research, screening or interviewing before they send resumes ONLY to
their clients.
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How does TMG differ from other Retained Search Firms? (return_to_top)
- Deliver qualified candidates for interviews within 28-42 days after the
search begins.
- Provide a candid, timely and responsive service approach to all clients; we
seek to develop long-term relationships by partnering with clients to achieve
their diversity objectives.
- Have a proven track record in fulfilling each search that we conduct with a
qualified, diverse candidate slate.
- We provide retention consulting services or Executive Coaching Services,
which offers a comprehensive staffing solution to our clients and parlays the
strategic alliance with Global Lead Management Consulting.
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Do you specialize in one functional or industry area? (return_to_top)
No.
We specialize in Diversity recruitment and retention of People of Color and
Women. Accordingly, we conduct searches across all functional areas and
industries. Our clients retain us to find Diversity talent in the following
functional areas: Accounting, Finance, Marketing, Sales, Human Resources,
Operations, IT and Consulting. In addition, TMG has conducted searches in the
following industries: Banking, Financial Services, Consumer Goods, Utilities,
Technology, Healthcare, Retail, Media, Entertainment and
Pharmaceuticals.
TMG leverages our extensive internal database and
proprietary research and sourcing network, coupled with the diverse industry
backgrounds of its principal leaders to meet the challenges of recruiting in
various industries.
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Do you cover one geographical area? (return_to_top)
No. TMG has clients who
are headquartered in the Midwest, Southwest, Northeast and Mid-Atlantic regions
of the country. Regardless of where a client resides, or where they have
openings, TMG conducts searches nationwide to find talent.
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What is Retention Consulting? (return_to_top)
Retention Consulting
Services, primarily Executive Coaching Services (ECS), provide comprehensive
staffing solutions for our clients. Once a candidate is hired, the company may
want to further invest in the success of that candidate by offering ECS
"on-boarding" to acclimate the newly hired candidates into the corporate
culture. The company then sets up the diverse candidate for success by offering
ECS during the candidate's first 3 months of employment. In addition, ECS is
also utilized to improve the performance and productivity of any
employee seeking to take their career to another level.
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Why hire an Executive Coach? (return_to_top)
Executive Coaches are hired to
improve or refine individual performance and productivity in a corporate
environment that requires doing more with less and being able to adapt and
change very quickly. Coaching allows individuals to explore strengths and
weaknesses and prepare them for greater responsibility. In addition, coaching
offers a methodology to explore goals, objectives, and to define personal &
professional success in a way that matters to the company. People often are
willing to change once they experience assessment feedback that can be useful in
changing present behavior and provide tools to handle future situations.
Executive Coaching also provides a mechanism that allows individuals to create
plans and measure progress while building a strong foundation for personal and
professional growth.
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Why use the Executive Coaching Services of The McMillan
Group (TMG)? (return_to_top)
TMG is:
- Committed to help coaching clients maximize their career impact personally
and professionally
- Known for having a track record of professionalism, dependability and
integrity
- Action-oriented, i.e. we focus on how goals are accomplished vs.
obstacles
- Distinguished as an executive search firm with strong company relationships
as well as
an extensive proprietary network
- Passionate about Recruiting and Strategic Career Management
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