If you’re about to make a decision to change jobs, you might be wondering what type of recruitment agency is going to fit you best.
This will depend on a couple of factors: what stage are you at in your career? What company culture are you looking to be a part of? What are you looking to achieve there?
A boutique can be defined as a recruitment agency that has a headcount of anywhere from 1 to 200 employees or less than 20 employees in each office. Whilst the range is vast, you can separate boutiques into local and global players. Some boutiques may have a smaller headcount and focus on a specialist practice purely on the local market, whilst others have a larger headcount and operate a number of international offices.
For examples of boutiques, you can search for recruitment agencies that have a headcount below 200 in our new company directory here.
In this article, we explore 3 reasons why you should join a boutique recruitment agency to help determine whether it’s the right choice for you at this stage in your career.
1. Career progression
There are a plethora of career development opportunities available to you by joining a boutique recruitment agency.
Flat organisational structure
Boutique recruitment agencies can offer a flat, dynamic organisational structure. Due to a lower total headcount, there are often fewer layers of management hierarchy, which means there’s a great opportunity to climb the ladder quickly if you put the work in. You will be given autonomy to make your own decisions and be fully accountable for your successes.
Another huge benefit of working amongst a flat structure is getting more one-on-one time with senior leaders in the business. This can be an invaluable learning experience, especially as a junior consultant. As you climb the ladder and earn the trust of senior figures in the business, you will naturally be exposed to, and perhaps be actively involved with, strategic and business-critical decision making.
Tailored training approach
Training and development is often tailored to each individual, based on their current strengths and areas for improvement. I was fortunate enough to experience this firsthand, when I accepted my first entry-level role as a Consultant at a boutique agency in Bangkok. I received hands-on, one-on-one training from the founder of the business. My manager had single handedly built the business himself and he was 100% invested in both my success and the performance of the business overall. I took away crucial learnings from my time in that business which I still put into practice today.
Many boutiques choose to specialise in one or two particular areas within recruitment, as opposed to offering recruitment services across multiple industries.
Some of the larger global boutiques who can support a bigger headcount, opt to operate multiple specialist agencies under their ‘umbrella’. Take the SR Group for example, which consists of Brewer Morris (Accounting & Finance), Carter Murray (Sales & Marketing), Frazer Jones (Human Resources), Taylor Root (Legal) and SR Search (executive search arm).
What does this mean for you as a recruiter? Joining a niche, specialised business will give you the platform to become a true expert in your chosen desk. Many boutiques have long standing and exclusive relationships with clients who are hiring specifically in your space. You will be surrounded by a team of professionals who specialise in your niche, and have been doing so for years. They will be able to share the knowledge you will need to instill complete confidence in both existing and new clients.
The culture of a business is so important when it comes to attracting and retaining talent. It’s a crucial element to the success and longevity of a business, but also one of the hardest things to get right.
Boutiques are able to exert a level of control over the culture they implement across their business. Achieving a consistent, healthy internal culture across a small business is easier to sustain, simply because the team headcount is lower.
Working for a smaller boutique can mean stepping into a self-driven work environment. Many of the boutique firms – especially owner-operator businesses – are less likely to have internal L&D teams, so they prefer to hire experienced consultants.
The culture that suits you best will very much depend on the stage you’re at in your career, and what you’re looking to get out of your time with a particular business.
3. High earning potential
Money can be one of the major drivers behind working in recruitment. Similar to any sales-driven role, recruiters are paid their base salary alongside commission. Put simply, the more revenue you generate, the bigger your paycheck becomes.
Boutique recruitment agencies tend to offer transparent and highly competitive commission structures. They are able to do so because their business costs are low, which means they can be generous with how much commission they allocate to their consultants.
For a boutique recruitment agency, offering an attractive commission scheme can be a strong pull factor for a recruiter and can help to retain consultants in the long-term.
If you’re moving jobs, you might be wondering if a boutique recruitment agency is the right fit for you. Consider these factors when weighing up your options:
- Organisational structures in boutique agencies tend to be more flexible and dynamic, which can be a huge advantage when it comes to climbing the career ladder e.g. more accessible, fast path to promotion
- Fewer layers also gives you more access to senior leaders and figureheads in the business, which can be an invaluable learning experience
- Boutique agencies often specialise in niche functions and industries. This serves as a great platform, providing you with the tools you need to become a true specialist and expert in your chosen patch
- Smaller firms can often sustain a consistent, healthy internal culture due to a lower number of heads
- Boutiques offer competitive and definitive commission structures, with high earning potential
On the flip side, look out for my next post where I’ll be exploring 3 reasons why you should join a global recruitment agency. Subscribe below to have it delivered directly to your inbox.