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If you’re not leveraging your existing relationships for opportunities, you’re losing out on a low cost source of new business.
Imposing tenure limits for temporary employees is a common practice. However, the minimal benefits gained from instituting and enforcing these policies is generally outweighed by significant costs to the organization.
One of your clients contacts you with an open opportunity. You find the perfect candidate, interview them and refer them to your client. Your client makes them an offer, but you never hear back from the candidate again. At that point, you can say goodbye to your placement fees. This scenario is all-too common and makes your job more difficult and stressful.
Hidden under the shiny surface of many M&A transactions is the hidden exposure of misclassified independent contractors, which if not properly addressed can significantly erode the value of a deal.
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