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diadem
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Joined: September 29th, 2007, 1:04 am

Recruiters asking for names...

October 13th, 2008, 8:39 pm

I get calls from recruiters first asking me about my background then following up with where I have been interviewing. Then they pressure to give names claiming that they will be using these names in order to not to send my resume to these groups again. This is a tough buy to say the least. The last thing I want, is to increase the competition in already populated market. What is the real intention here? If you do not give out names, seems like they are not that eager to work with you. Am I better off by not working with these type of recruiters?I wanted to ask what the group members opinion is in this manner.Thanks
 
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jomni
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Joined: January 26th, 2005, 11:36 pm

Recruiters asking for names...

October 14th, 2008, 12:16 am

Their intentions are true. It is common practice.The bank will drop your name from the shortlist if more than one headhunter submits your profile to avoid problems about compensating the headhunter(s) if you get hired.
Last edited by jomni on October 13th, 2008, 10:00 pm, edited 1 time in total.
 
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ArthurDent
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Joined: July 2nd, 2005, 4:38 pm

Recruiters asking for names...

October 14th, 2008, 1:30 am

QuoteOriginally posted by: diademI get calls from recruiters first asking me about my background then following up with where I have been interviewing. Then they pressure to give names claiming that they will be using these names in order to not to send my resume to these groups again. This is a tough buy to say the least. The last thing I want, is to increase the competition in already populated market. What is the real intention here? Just say " XYZ bank, ABC desk " without naming anyone you have spoken to.
 
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DominicConnor
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Joined: July 14th, 2002, 3:00 am

Recruiters asking for names...

October 14th, 2008, 7:35 am

Last week P&D took on some more people to help out with the workload, I guess some % of people reading this have already spoken to them.(We're sort of bullish about the market)I made it very clear, more than once that they were not to badger people for names like this ever, and so you won't get this sort of shit from us.I guess it's got worse as the ratio of job seekers to hiring managers has gone up, the value of the name of a manager who is interviewing or hiringhas increased massively.Jomni is right, that is one reason. But more worryingly for you personally they will also send in a pile of other people to this manager.In some cases they will even say that you suggested that they get in contact, which can seriously piss off some managers who hate being harassed by headhunters.It is never in your interests to give up the names of managers who are interviewing you.. I'm a headhunter myself, trust me you don't want to do this.It is even worse than that.I don't know you diadem, so perhpas you will forgive me for assuming that for any given job that there exist people more suited for it than you.Do you want them to turn up at the door of the person interviewing you ?No, you do not.A HH armed with the knowledge of the hiring manager's name and what he's looking for, and maybe even the questions that will be asked will have plenty of competitors on his database.Do you feel that more competition for these jobs will make your life better or worse ?Arthurdent is right, some vague description of "rates" or "equities" is enough, and certainly no names.But I'd got further than Arthurdent, I'd make things up.Something of the form "His name was Mark something, maybe Harris ? at Morgans He's recruiting a team of quants to work in re-building their credit analytics. When you ring him could you ask how he's getting on with my application".The HH will agree (dishonestly) to check up on your progress, and of course spend a few hours trying to work out which financial firm you meant by "Morgans" (there are at least 12 big enought to hire quants), and who the hell Mark might be.Of course if you have a HH who actually does something useful for you, then you might choose to repay the favour, after you have got a job.These names you have still have some value, and you might choose to use them as a sort of tip for good serve, but as I say after your next step is settled.
 
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QuantOption
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Joined: February 8th, 2003, 9:00 pm

Recruiters asking for names...

October 14th, 2008, 8:56 am

of several headhunters I contacted, only one pressured me to give names.They also call me, like you have an interview prepared for day x with company y, is that ok? Hmmm, what? They sent out my cv without letting me know, I wonder how many companies were given my cv ...They also sent those general emails where they say they have some good jobs but they don't need my cv cause they already have it. ???Others asked also where I interviewed, but company/division was enough and usually they only asked this when they were thinking of sending my cv there.QuoteOriginally posted by: diademI get calls from recruiters first asking me about my background then following up with where I have been interviewing. Then they pressure to give names claiming that they will be using these names in order to not to send my resume to these groups again. This is a tough buy to say the least. The last thing I want, is to increase the competition in already populated market. What is the real intention here? If you do not give out names, seems like they are not that eager to work with you. Am I better off by not working with these type of recruiters?I wanted to ask what the group members opinion is in this manner.Thanks
Last edited by QuantOption on October 13th, 2008, 10:00 pm, edited 1 time in total.
 
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neilmaths
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Joined: October 14th, 2008, 1:50 pm

Recruiters asking for names...

October 15th, 2008, 12:48 pm

Yeah I've had a few recruiters contact me and ask who I've spoke to already, I thought this was common practice so that double applications are not made........guess I have to think twice now.
 
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yuryr
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Joined: November 5th, 2007, 12:47 pm

Recruiters asking for names...

October 16th, 2008, 9:57 am

I guess, if a recruiter pushes hard on obtaining names and insists that he/she cannot help you otherwise because of whatever reasons might come to mind (double send, automatic refusal on double send etc..) that it says clearly... No! It shouts clearly that:a) he/she is despreate for client contacts and doesn't have any of his/her own at the momentb) he/she is not interested in you or your CV at allc) even if there are any gems in your CV the recruiter would stop working with you the very moment you give aways any names or contacts, because nobody wants the contacts to be passed along to another agency in the same wayIt can be summed up as "never, ever give anything to HH, except to a good HH and only after you've got a job and only the contacts that you obtained yourself". On the other hand, recuiter's attention span is very short. And if you want him/her to work for you for a while then you need to make recruiter think that you might give some new contacts in future, that you know a lot of people, that you search for a job actively and use all sorts of networking techniques etc... But it all makes sense only if there is anything in you that might interest employers and recruiters. Otherwise, many recruiters are very good at stuffing all interview slots with totally unsuitable people if they are given a carte blanche by employer - it gives them win-win situation, in which they can keep competitors away and candidates attached, but without any gain for candidates. It wastes your time (as a candidate) enourmously...Similar (but not exactly the same) logic may apply to giving away any names of colleages/friends/acquiantances.
 
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JuniorStructurer
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Joined: June 30th, 2005, 7:50 am

Recruiters asking for names...

October 17th, 2008, 2:37 pm

You should tell any recruitment agent requesting names to fcuk off.You should also blacklist them in your search for a job and in the future when you have a job and your team are recruiting.There are too many cowboys.I heard a recruiter on the train instructing his colleague to mislead candidates with false jobs and potential interviews as a way of trying to find leads from them.Just beware,
 
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yuryr
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Joined: November 5th, 2007, 12:47 pm

Recruiters asking for names...

October 19th, 2008, 4:48 pm

No, no need to be rude. You have to be aware of it, yes.Almost all of them ask for names. If you tell them off and blacklist them - not much will be left at all. I have got only 2 HHs who doesn't ask for names straight away. But one of them instead asked to work with him exclusively (???).So, if you decide to blacklist every HH you don't like - how are going to find a job?I wouldn't be rude to them. Can always say politely that you wouldn't say, or say something abstract. The situation gets worse only they insist on getting names first and blatantly lie to you - then it might be appropriate to ask not to call you anymore. But only a few HH come to this stage.
 
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Anthis
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Joined: October 22nd, 2001, 10:06 am

Recruiters asking for names...

October 19th, 2008, 5:22 pm

QuoteOriginally posted by: JuniorStructurerYou should tell any recruitment agent requesting names to fcuk off.I think we have a new motto here...call them names, whenever asked for names...
 
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PlasticSaber
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Joined: April 28th, 2007, 8:17 am

Recruiters asking for names...

October 19th, 2008, 6:03 pm

QuoteOriginally posted by: DominicConnorBut I'd got further than Arthurdent, I'd make things up.Something of the form "His name was Mark something, maybe Harris ? at Morgans He's recruiting a team of quants to work in re-building their credit analytics. When you ring him could you ask how he's getting on with my application".The HH will agree (dishonestly) to check up on your progress, and of course spend a few hours trying to work out which financial firm you meant by "Morgans" (there are at least 12 big enought to hire quants), and who the hell Mark might be.Another "evil" tips: making up some hedge fund name (any three letter abbreviation would do). If the HH challenges, just answer "I mean XYZ in Mayfair (or the equivalent hedge fund hub in US). Don't you know that they have a very good year going short on apple juice?". A dishonest HH may make something up and reply back to you.
 
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DominicConnor
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Joined: July 14th, 2002, 3:00 am

Recruiters asking for names...

October 19th, 2008, 8:07 pm

I have got only 2 HHs who doesn't ask for names straight away. But one of them instead asked to work with him exclusively (???).Well at some point the P&D research team will find you and then you will have 3 As for "exclusivity", that's a tricky issue.My view is that is is unethical to demand that of newbies, if you scan back through my posts you will see that I said that in good times and it is even more true now.It does end up that way of course sometimes but only in specailised cases, and we never ask for it at entry level.For experienced hires, it is often the case that people do not want to deal with many HHs, so they narrow down hard ,sometimes to just one.That's their choice, an informed one, and not demanded by what I think of as an ethical HH.It is the case that at more senior levels that far more work is applied to each person, and a HH does not want to see that all fall down because the candidate has found a job through another route.I guess in this market some HHs are getting heavy about you being exclusive to them, and I know that some ask you to sign some sort of agreement to that effect.We don't do that sort of shit.When I had a real job more than one HH tried pressurising me in this way, so I know how it is.
 
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yuryr
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Joined: November 5th, 2007, 12:47 pm

Recruiters asking for names...

October 20th, 2008, 8:41 am

QuoteOriginally posted by: DominicConnorI have got only 2 HHs who doesn't ask for names straight away. But one of them instead asked to work with him exclusively (???).Well at some point the P&D research team will find you and then you will have 3 You haven't found me, but when I said 2 I meant P&D was one of them...alas.Also, I have met some more good HHs in other countries. But the proportion is roughly the same: 20 HHs companies asking for names and only 1-2 who doesn't (they ask of corse, afterwards, what is the company I finally got a job at, which is Ok with me). Exclusivity is probably a british/american invention. Ability to waste all your free time on interviews for totally unsuitable positions, on the other hand, is amazingly universal.
 
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chicagotypewrite
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Joined: February 14th, 2006, 7:53 am

Recruiters asking for names...

October 20th, 2008, 8:56 am

Have anyone experienced an increase in HH correspondence in recent weeks? It seems like more HH emails come in as the crisis worsens.Are there genuine jobs out there or are they just trying to sound out the job market?
 
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RichardMantell
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Joined: October 6th, 2008, 11:19 am

Recruiters asking for names...

October 20th, 2008, 4:13 pm

Last edited by RichardMantell on October 26th, 2008, 11:00 pm, edited 1 time in total.