International Search Firms Key Terms
Terms you may find as you investigate international search firms
If you are interested in working outside of the U.S. an international search firm can be helpful to you in your job search. Some international search firms keep track of specific job markets and can help you narrow where you want to submit your application. Depending on your field and how in demand your skills are, an international search firm can help you navigate the recruiting process and help you be a more attractive candidate to hiring companies. As you do your research, you might want to become more familiar with some terms.
Contingent search
A contingent search is one in which the firm that is doing the search does not get paid until the candidate is hired. In addition, there is no upfront payment to the search firm. Some international search firms will do contingent searches if requested.
Try: Kellen James has a detailed description of this term.
Retained search
A retained search is one in which there is exclusivity (only one firm is retained for the search). There is usually a fee paid up front to begin the search and then additional payments are made as the search progresses. The international search firm that is conducting the retained search will usually designate specific recruiters to the search.
Try: Abeln Magy Underberg & Associates has a good comparison between contingency and retained searches that includes advantages and disadvantages of both.
Supply chain management
Supply chain management (SCM) refers to the management of business processes for the movement and storage of raw materials to finished goods. Many international search firms specialize in recruiting candidates for supply chain management positions.
Try: Go to TechTarget for a definition.
Operations management
Operations management refers to a skill set that is responsible for ensuring that business operations are managed effectively. Usually it includes the management of resources, distribution of products and customer service. Many international search firms specialize in recruiting candidates for operations management positions.
Try: CBS Interactive has a good description.
CV
A CV or curriculum vitae is similar to a resume and provides a summary and overview of a candidate's qualifications. In contrast to a resume, a CV is more comprehensive and provides more detailed information on education. In some professions, a CV may even include samples of a candidate's work. International search firms utilize CVs to help identify the most qualified candidates for a position.
Try: Merriam-Webster defines the term for you as well.
Position description
A position description is usually requested by an international search firm as part of the first phase of beginning a search. It is completed by the organization that has an opening and usually includes all the important functions of the position stated in a clear, easy to understand manner.
Try: The University of Delaware has a good example of this term.
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