City Networking Organisation launched to act as recruiter
2 March 2015
A new organisation, designed to effectively turn interims and contractors into recruiters, has been launched, targeting City workers.
Mon, 2 Mar 2015 | By Sarah MarquetA new organisation, designed to effectively turn interims and contractors into recruiters, has been launched, targeting City workers.
City Networking Organisation, set up by Ian Munro, Sue Dennison and Ian Campbell, who have all worked with or as interims, aims to leverage members’ networks to match assignments with available interims.
At the launch event last week [24 February], Munro told Recruiter most of an interim’s work assignments are found through their own networks rather than an executive search or interim recruiter.
Based on that, the group thought there was scope to earn money from their own networks.
Interims who are part of the organisation, by signing up to a three-tier membership scheme, and who hear of a job lead will get a cut of the placement fee if someone from the group is successfully hired for that role.
Of the 15% placement fee, the person who found the lead will get 10% and the organisation will get 5%.
Also at the event was Simon Drake, director at executive search firm Penna and chairman of the Interim Management Association.
Drake told Recruiter he did not see the organisation as a competitor, given that so much (about 60%) of an interim’s work came via their networks.
Munro said he has run a successful organisation in the Thames Valley for the last 12 years, and believed City interims and contractors were a good target because there were about 20,000 of them.
City Networking Organisation, set up by Ian Munro, Sue Dennison and Ian Campbell, who have all worked with or as interims, aims to leverage members’ networks to match assignments with available interims.
At the launch event last week [24 February], Munro told Recruiter most of an interim’s work assignments are found through their own networks rather than an executive search or interim recruiter.
Based on that, the group thought there was scope to earn money from their own networks.
Interims who are part of the organisation, by signing up to a three-tier membership scheme, and who hear of a job lead will get a cut of the placement fee if someone from the group is successfully hired for that role.
Of the 15% placement fee, the person who found the lead will get 10% and the organisation will get 5%.
Also at the event was Simon Drake, director at executive search firm Penna and chairman of the Interim Management Association.
Drake told Recruiter he did not see the organisation as a competitor, given that so much (about 60%) of an interim’s work came via their networks.
Munro said he has run a successful organisation in the Thames Valley for the last 12 years, and believed City interims and contractors were a good target because there were about 20,000 of them.
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