Recruitment agencies are becoming very huge with the increase in the demand as well as easy availability of professional and trained manpower. The number of jobs, aspirants and corporation has become so large that require the job consultants, who can perform as a mediator between applicants & employers.
The best advantage of these recruitment firms is that they not only work for world companies but also do the hiring for organisations in abroad. This trend is quite familiar in metro cities and gradually becoming common in small states also.
The placement firms have expertise in managing human resources on behalf of companies seeking to fill job vacancies. These firms get its remuneration from the employment companies when they provide a suitable candidate to be recruited. This is usually calculated as equivalence of one month’s salary. By law, an agency cannot charge the candidate for finding the job as the employer pays them a fee to use their services. However, they can charge for various placement services like resume writing, careers consultancy, arranging work visas, work overseas, etc.
Role of Placement Agencies
The job agencies are always in touch with the top MNCs, corporate firms, private limited firms and other big …
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