Before getting started let’s remember a great saying in English i.e., “Going back to basics strengthens your foundation”, so Let’s go through some basics of the terms or Terminology in US IT Recruitment
Sourcing
Sourcing is a process of finding the matching candidates resumes (70% -100%) for the given job description
Types of sourcing
- Passive sourcing
- Active sourcing
- Social sourcing.
Screening
It is a process of determining the qualified candidate’s resume based on his experience, communication skills, Skill set, Location, Pay rate and many other factors.
Types of screening
- Resume screening
- Document Screening
- Candidate screening
Submission
As soon as the recruiter finds the best fit for the given job description, then he should send the respective resume to his account manager/Team lead / respective reporting manger along with Rate Confirmation, RTR, Documents (H-1B/ Green card/ DL/ necessary Documents)
Types of Submission
- Internal Submission
- External submission
VMS
A VMS (Vendor Management System) is a web-based application that’s acting as a mechanism for business to procure and manage Contingent Workforce
MSP
(Managed Services Provider)
An organization that outsources its workforce efforts by understanding the administrator levels.
Bill Rate
The rate which is given by the client to their vendors/sub Vendors
Pay Rate
The rate which is provided to the consultants by the recruiter on behalf of their company, keeping some margin.
Hot list
In general, a hot list is a list of consultants who are on the bench/payroll associated with the vendor company.
Sales recruiters are responsible to market all the candidates on their bench /payroll.
Example:
| First Name | Technology | Experience | State | Location Preference |
| XXXXX | Alfresco | 5 | California | CA |
Client
Client is an organization or company which needs man force for their requirements to develop/maintain/ test their products.
Direct client
Recruitment firms who work direct with the client as there is no layers / no one between the client and the staffing firm.
Implementation partner
A company which implements the project /provides the man force with the help of other sub vendors .