about agent representation
Posted: May 7th, 2008, 9:53 am
by anechoic
I got a call from one agent I met recently asking my permission to send my CV proactively to a long list of banks and funds to explore if there is any position arises.Is that the typical way to do it? I am junior and i know I have limited appreciation by the market. But I doubt this way of representation by the agent. Please commentsThanks
about agent representation
Posted: May 7th, 2008, 11:20 am
by DominicConnor
Whether it is "typical" is an open question, it certainly is not a great idea for most people.Firstly, it isn't very likely to work, you will just be part of the general spam that hiring managers get. I was getting CVs from some agents after I had quit my last real job, and had started up in competition with them There is a risk of an "ownership" dispute. The basic way it works is that if a HH sends your CV to an employer, he has first dibs on recruitment fees for you if they take you on.In other circumstances you actually don't need to care about how much, or even if the HH gets paid.But if you've already had your details sent to a given bank, then it can get messy.Some firms have a policy that if two versions of the same CV hit them, they reject both to avoid hassles.Upon learning that you've been sent to a given bank another agent persuing a rather more precise approach may find himself blocked.Once your CV has entered the public domain, it is very hard to get it back.However, I accept there is a small subset of folk around here who actually would benefit from having their CV sent to everyone that might potentially employ them.If you're out of a job, and nothing is visible for as far as you can see, then I would not criticise you for pushing every button in sight.What we do, if there is only a vague possibility of the shot hitting is send a "taster", as in"we've got this guy who's done signal processing for the Iranian military and just finished his PhD at the University of Life. He currently developing software to con people out of money for a minor Nigerian bank, and wants to do more maths".Carefully vague...To be honest nearly all of such shots fail, but they don't waste much time of our clients, but more importantly for you, since we've not officially submitted you to the bank we haven't blocked you from applying to different jobs. This is not the sort of market where I would feel it ethical to block people from any job that may move them forward.