-
PMA specializes in both Acquisition and Retention of the BEST Talent
in your marketplace.
-
PMA helps you to gain access to the
TOP 10% of your competitors people.
-
PMA provides you with Competitive
Intelligence for your marketplace.
-
PMA interviews over 11,000
candidates annually.
-
PMA performs over 60,000 target
recruit calls annually.
-
PMA has a consistent hiring ratio of
1 candidate hired for every 3 referred.
-
PMA has a Nationwide Network of
Offices.
-
PMA is the oldest and largest search
firm specializing in Restaurant, Hospitality and Retail Management.
-
Hire only candidates that increase
your bottom line significantly.
Do You Know
Who The Top Managers Are In Your Marketplace?
PMA Does!
Click Here For:
Types of Searches
Retained/Executive
Search:
-
This fee option
is primarily used when a position must be filled within a specific period of
time or if you want to jump ahead of previously committed searches with
other PMA clients.
-
Usually,
Retainers are involved with Middle and Executive Management level searches.
-
A retainer fee
normally consists of 1/3 of the estimated fee amount due to begin the
search, 1/3 due at the presentation of the agreed upon number of candidates
to be presented, and the final balance due upon the start date of the
candidate hired.
-
PMA provides
candidates to you on en exclusive basis with an agreed upon number of
candidates to be presented.
-
The PMA
recruiting team usually involves a senior manager, possibly a Certified
Personnel Consultant, and 1-2 marketing researchers.
Engagement
Fees:
-
This
fee option is best used for high priority searches,
newly developed marketplaces, or if you want to jump
ahead of previously committed searches with other PMA
clients.
-
Usually,
Engagement Fees are involved with Store and Middle Management level
searches.
-
Engagement fees
normally involve a pre-negotiated amount which covers the basic expenses
involved with training a team and the search.
-
PMA provides
candidates to you on an exclusive basis for a limited time.
-
The PMA
recruiting team usually involves a Senior Recruiter or Manager, possibly a
Certified Personnel Consultant, and a marketing researcher.
Priority Program:
-
Provides for preferential services
and priority attention.
-
XYZ Corporation agrees to pay
Personalized Management Associates a total fee of $XXXX
per year.
-
The fee is paid in 12 monthly installments of
$XXX each. This helps to keep the fee budget from
spiking yet still maintaining a priority status at PMA.
-
The PMA recruiting team
usually involves a senior manager, possibly a Certified Personnel
Consultant, and 1-2 marketing researchers.
Contingency
Search:
- A
Contingency Search fee may be used for ongoing
openings, typically Store level positions.
- There
is no money up front.
- The
fee is due when a candidate is hired.
Custom Candidate Data
Search:
-
This program is best used for Assistant Manager needs.
-
A fixed rate flat fee based on the number of candidate's
contacted is used in this program.
- PMA will locate,
contact, do a basic
screening interview, and qualify based on your specifications,
candidates for your company.
- You would then call and
make contact with the prospects and continue with your
own hiring process.
- Success of the program depends on
the number of screening conditions assigned, the
timeliness of your follow up call, the skill of your
call and the reputation of
your company in the search area.
Do you have a need or a question? CONTACT
BUTTON HERE
Other Services
Multiple Offices:
PMA is a dedicated team
providing innovative solutions through professionalism,
leadership, quality and education.
PMA consultants are highly trained and integrity
oriented. We can handle whatever needs arise, anywhere
in the USA!
National Candidate Database:
PMA interviews over 11,000 candidates per year at all
levels of management. We have a national database of
which is accessible to all of PMA's offices. This
enables PMA to generate candidate flow faster and more
efficiently than the "Mom & Pops" that work out of their
houses.
How PMA
Conducts a Search
A successful search requires information and communication. Comprehensive discussions with Human Resources and all
of the hiring authorities should result
in a complete profile and job description
plus the type of candidate required to fill
that vacancy. A fee agreement or
retainer, plus a time frame to complete the search
assignment are discussed and agreed upon.
The primary objective of this review is
to make sure we can be of service and not waste your
time.... or ours.
After receiving the entire
search assignment details, we then research the area of
the position location, the client’s
competition, and other marketplace variables. At
this point, a market researcher from PMA will begin to
make recruiting calls to every (Store Manager, District
Manager, Director, etc) from the designated targets to
determine possibly interested candidates. The market
researcher will speak with several hundred people. The name of the company is
not given to
candidates at this stage, to protect the confidentiality of the client from unqualified candidates.
Once a candidate expresses an interest,
they are then qualified to the specifications given
by the client. Only the top 10%of the potentially
interested candidates are forwarded for consideration.
Once the candidates are deemed to be qualified, they are then scheduled for an
interview with the PMA recruiter who
works directly with the client. At this stage,
an extensive interview is performed.
This interview is geared toward understanding both
the short and long term goals of the candidate, in addition to their
qualifications. This enables us to determine if the
candidate is a good match both now and for the future.
We have determined this helps create longer
retention with the candidate’s PMA places.
Once interviewed and determined to be a good match with the client, the recruiter then
presents to the candidate all
the details of the company, its position, and attempts to answer
all questions. At this stage, we send the candidate
home to discuss this
information with their spouse, parents,
boyfriend/girlfriend, etc. PMA then interviews their
spouse or boyfriend/girlfriend. We
want to make sure there aren’t any problems with any of
the parameters of the position (example: hours, relocation, location, benefits, etc).
We even discuss childcare arrangements where needed to
make sure everything is covered.
If the candidate is heavily interested, they are then rescheduled
with the PMA recruiter who works directly with the
client. At this point, the recruiter will re-interview
the candidate covering any questions they may have and
any points that need clarifying. We now do a
Counter-Offer Interview.
The PMA recruiter will determine the candidate’s
commitment level before arranging an interview with the
client. Our goal is to only send candidates for the
clients to interview, who are committed to working
for the client if they are fortunate enough to get an offer. This saves the
client time by only
interviewing applicants committed to their position.
Now we call the client and arrange interviews based on our processing agreements
with the client. We confirm the
candidates the morning of their interviews. We speak with
them directly after the interview
to have immediate feedback available for the client.
This enables the client to know the candidate’s thoughts on the interview, company, and
position. The client will know which candidate wants to work
for them in advance. Immediately before the client
extends an offer, the recruiter will recover counter‑
offer information and pre‑close the candidate on acceptance to make
sure
an offer of employment is not going to be shopped around the marketplace.
After a candidate has been hired, and before they start, the recruiter will administer
targeted career guidance, with
emphasis on professional growth, in the client’s
organization. This enables the client
to profit in the shortest time from their selection.
We have determined this process also greatly enhances retention. PMA will also walk the
candidate through their resignation, any counter‑offers, and relocation issues.
How To Choose
A Search Firm
Working
with and selecting the best recruiter to
help you with your staffing needs is as
important as finding the best possible
candidate to fill a vacancy. Selecting a
search firm should not be a matter of
flipping a coin or sheer guess work. All
recruiting firms are not alike! You will
be sharing confidential information with
your recruiter and spending thousands of
dollars. So, you need to make the extra
effort to select a firm that can best
handle the search, understand your unique
needs and represent your company.
How should you decide which search firm
to choose? When you select a search firm,
you should have a complete understanding
of the services to be provided, their
methods of operation and limitations
effecting the search, as well as who
specifically will handle your opening.
You should know the quality,
professionalism, reputation and track
record of the search firm. References can
also be important. All of this
information can be obtained by
interviewing the search firm, just as you
would interview a candidate.
The following are some basic questions
you should ask a search firm before
you give them an assignment to fill.
There will certainly be other questions
that may be unique to your company or
your company's needs that will supplement
this list.
-
How
long has your firm been in
business? How long have you been
a recruiter? What training have
you received? Does your firm have
ongoing educational programs or
requirements for staff?
-
Does
the firm specialize in your
industry?
-
Does
the firm belong to any
professional organizations or
associations that have a code of
ethics?
-
Does your firm have any
Certified Personnel Consultants
"CPC's" on staff? (A
Certified Personnel Consultant is
the highest professional
designation in the recruiting industry).
-
Does
your firm participate in any
organizations that will handle
arbitration in the event of
miscommunication between us?
-
How
does your firm operate: Locally?
Regionally? Nationally?
-
What
resources will your firm provide
to assure me that the best
candidate will be researched and
identified?
-
What
are the steps in your process
when working on an assignment?
-
How will you perform and what can
I expect from you as my recruiter?
-
Can
you help develop the job
description and profile of the
candidate?
-
Will you be
handling the salary negotiations?
-
What kind of follow-up can I
expect during and after the hire?
-
What
is your company's reputation?
-
What is the background of the
particular recruiter who will be
assigned to the search, his/her
knowledge of the industry, and
therefore, their capability to
satisfactorily complete the assignment?
-
Do
they believe in personally
visiting the Client Company to
understand the organizations
personality?
In
summary, choosing a search firm should
not be done by lottery or chance. It
should be a conscious step toward solving
one of management's many important
problems. When taking the time to choose
the right search firm, you make finding
the right candidate a matter of fact, not
luck.
The
PMA Exit Interview is
a systematic process for capturing, tracking and statistically analyzing
important turnover data. The information is gathered by PMA to provide
fact-based data on turnover causes, suggest retention solutions, assess
the value of the employee turned and enable to client to potentially
re-engage and reacquire lost talent assets.
In today’s tight labor markets the ability to attract and
hire top talent is increasingly more difficult. Stemming the tide of
turnover is serious. Reacquiring lost talent will become critical.
Why Outsource Exit Interviews:
-
Knowing why turnover is taking place –critical
-
Stemming the hemorrhage in profits that turnover causes –
critical
-
Knowing if we should have lost the employee – critical
-
Re-engaging and reacquiring the lost employee – priceless!
Benefits of using PMA:
-
Understanding turnover causes and trends.
-
Identifying factors that increase retention.
-
Evaluating a turned employees value.
-
Being able to re-engage and reacquire the turned employee.
-
Encouraging management accountability for turnover
reduction.
-
Evaluating the success of current policies and practices
for existing employees.
-
Collecting information on hiring competitors.
-
Discovering unethical behavior or security violations.
-
Minimizing risk for future litigation.
Do You
Need PMA’s Exit Interview Program?
-
You need PMA if you are serious about
strengthening your bottom line.
-
You need PMA if your company lacks a
consistent and reliable exit interview process.
-
You need PMA if you don’t have time to do
exit interviews.
-
You need PMA to assist with collecting
Competitive Intelligence.
-
You need PMA to lower your cost per hire.
-
You need PMA if you want to reacquire lost
employees.
How Does
the PMA Exit Interview Program Work?
PMA will work with the client to design
and customized the PMA Exit Interview Questionnaire to reflect the clients
concerns. Exiting employees are then interviewed as per the clients exit
interview questionnaire. A turnover information database is established
and reports are prepared showing turnover causes for the total
organization or for client’s selected demographics.
You will receive fact-based, objective
information utilizing qualitative and quantitative research covering:
-
Turnover causes for total organization and
for each demographic parameter
-
Ranking of turnover causes
-
Specific reasons and explanations for each
turnover cause
-
Pay, benefits, and name of current/future
employer
-
Interest in re-employment
-
What it would take to re-acquire the
employee, if possible.
-
Reasons for working for the new employer
-
Suggestions for reducing turnover and
increasing retention
What Does
the PMA Exit Interview Program Cost?
Costs are based on the number of exiting employees, the
number of completed interviews, the interview design and length,
demographic reporting parameters, the method of data collection, and the
frequency and complexity of reports generated. Costs range from $25.00 to
$65.00 per completed interview depending upon the services selected.
WHY OUTSOURCE YOUR EXIT
INTERVIEWS WITH PMA
Outsourcing the exit interview process
offers many advantages. Below are the primary reasons our clients prefer
to outsource their exit interviews to PMA.
-
Frees your staff for other issues that are best done internally
-
Provides an impartial perspective that encourages the respondent to
speak openly when discussing sensitive issues. When exit interviews are
outsourced, there are far fewer concerns about “burning bridges.” The
interviewer does not become defensive. There are no confidentiality
breaches. The data cannot be tampered with, edited, or distorted.
-
An external company achieves higher participation levels.
-
Past surveys have shown that some human resource professionals may
think they know why someone left, and they may be tempted when time
pressured to exclude the person from the process. Or, they may say, we
would not want to rehire this person so why conduct an exit interview.
In this case, you may be overlooking important information.
-
An external provider is able to attempt to contact the person for
several months following their last day of work.
-
Ex-associates are more inclined to share with an external company
their plans for filing a legal case.
-
Insures a consistent process is followed throughout the process. All
exiting employees are asked the same questions. Everyone is offered an
exit interview. No one is excluded. The interviews get done and are done
consistently.
-
People are more open to convey information about the new employer
and who the new employer is with a third party. Many interviews are
conducted after the employee has spent two-four weeks with their new
employer. At this time, they are more knowledgeable of what their new
opportunity is and how it is different from what your company offered
the person.
-
An external company is able to make comparisons with an external
database and make suggestions on how to utilize the information.
-
Former employees do not have to fear that if they
tell the truth they may receive a poor reference
-
It is another check on ethics, integrity, and
management behavior. Managers cannot request exit data be withheld as is
possible with internal resources who conduct exit interviews.
-
Managers know that a third party will be calling all former
employees. This is another incentive for managers to act in ways
consistent with “Best Practices.”
-
It protects the safety of internal human resource professionals who
also may have concerns about reprisal or “attacking the messenger” from
gathering and reporting the information.
-
Builds a common database throughout the organization from which
business units, locations, and other demographic data may be compiled
and retrieved.
-
Interviews are conducted when people are free to talk candidly about
their experience and not preoccupied with their work tasks.
FREQUENTLY ASKED QUESTIONS
What is the PMA Exit Interview Program?
PMA Exit Interview is a systematic process
for capturing, tracking and statistically analyzing important turnover
data. The information is gathered by PMA to provide fact-based data on
turnover causes, suggest retention solutions, assess the value of the
employee turned and enable to client to potentially re-engage and
reacquire lost talent assets.
How Does The PMA Exit Interview Program
Work?
PMA will work with the client to design
and customized the PMA Exit Interview questionnaire to reflect the clients
concerns. Exiting employees are then interviewed as per the clients exit
interview questionnaire. A turnover information database is established
and reports are prepared showing turnover causes for the total
organization or for client’s selected demographics.
You will receive fact-based, objective
information utilizing qualitative and quantitative research covering:
How Much Does It Cost?
Costs are based on the
number of exiting employees, the number of completed interviews, the
interview design and length, demographic reporting parameters, the method
of data collection, and the frequency and complexity of reports generated.
Costs range from $25.00 to $65.00 per completed interview depending upon
the services selected.
How Long After An Employee
Terminates Do
You Conduct The Exit Interview?
We conduct the exit interviews within
different time frames according to our clients’ needs. The approximate
time frame is from before the employee’s last day of work to two to four
weeks following the exit.
Why Is The PMA Exit Interview Program
Needed?
The cost of turnover erodes company
profits. Depending on the employee’s level, this cost can be very high.
Rarely is this hidden cost understood or used to improve the organization.
As a matter of fact, most companies have never tracked this cost.
Companies typically do not have a
consistent and reliable process for interviewing exiting employees.
Exiting employees tend to be concerned about references and re-hiring
possibilities and are cautious about conveying their perceptions. The
information garnered by the PMA Exit Interview Program is used to increase
retention and thereby improve profits.
For Example:
The U.S. Labor Department estimates
turnover costs for employees earning $25,000/year are $7000/person. For a
company with 100 exits a year, this amounts to $700,000. When an
employee’s average earnings are $50,000/year, the cost of turnover is
$15,000 per exit or $1,500,000 per year for 100 exits.
The PMA Exit Interview Program is an
affordable investment that has the potential to save your company
thousands of dollars each year.
What Information Will The PMA Exit
Interview Program Provide?
You will receive fact-based, objective
information utilizing qualitative and quantitative research covering:
-
Turnover causes for total organization and for each demographic
parameter
-
Ranking of turnover causes
-
Specific reasons and explanations for each turnover cause
-
Pay, benefits, and name of current/future employer
-
Interest in re-employment
-
What it would take to re-acquire the employee, if possible.
-
Reasons for working for the new employer
-
Suggestions for reducing turnover and increasing retention
How Are Employees Notified of the
Interview?
When an employee
resigns, PMA will contact the employee by both email and telephone to
schedule an appointment to conduct the exit interview. A telephone
interview then conducted requiring about 15-20 minutes of the exiting
employee’s time.
What makes the PMA Exit Interview Program
Different From Our Competitors?
-
The PMA Exit Interview Program doesn’t just provide turnover
metrics. We help you to conclude if the employee turned should have been
kept. If yes, we provide invaluable information on how to re-acquire
them.
-
Flexible interview questionnaire design. We design our questions to
reflect the information you deem necessary. We are not a one template
fits all program.
-
Data collection methods are easily consolidated into one database.
-
Highly trained professionals conduct interviews supervised by
Certified Personnel Consultants.
-
PMA helps the client utilize the information for retention and
re-acquisition solutions.
You just made an offer to your
new manager. The candidate accepted and you turned down all the other
candidates. Then, after accepting the job, but before reporting to work, the
candidate informs you the job wasn't going to work out after all. Has this
ever happened to you?
As the labor market continues to
tighten, you can expect more cases of new hire fallout. No matter what the
cause, fallout costs you in time and effort, plus outlays for advertising,
candidate travel and other hiring expenses.
Post Employment Counseling:
Following a candidate's employment acceptance with your
company, we administer targeted career guidance with
emphasis on professional growth within your
organization. This enables your organization to profit
in the shortest time from your selection. We have also
found this reduces turnover.
When new hire fallout is
caused by another employer's counteroffer, don't blame
the candidate or the rival employer. The issue could be
you for failing to make a market aware offer.
Always study the employment
marketplace in advance to make sure you are competitive.
Know your competition and know where you are strong and
not strong.
PMA Salary Surveys From Your Key Competitors:
Know what your competition is paying. Are you
competitive in today's marketplace? Is my offer
competitive? Let PMA's Salary Survey help guide you to
competitive job offers.
Below is an example of the PMA Salary Survey. It can be
configured to meet your intelligence needs. Configure
the survey by city, state, Title or targeting a specific
company.
PERSONALIZED MANAGEMENT ASSOCIATES |
|
SALARY SURVEY |
|
|
00/00/000 |
|
|
|
|
|
|
|
Client: |
XYZ Company |
City: |
Any City, USA |
|
|
|
|
|
|
|
|
|
|
|
|
Years In |
Company |
Title |
Base |
Bonus |
Volume |
Postion |
Company A |
GM |
$43,000 |
$5,500 |
$1,000,000 |
2.00 |
Company A |
GM |
$47,000 |
$6,500 |
$1,300,000 |
3.00 |
Company A |
GM |
$55,000 |
$7,100 |
$2,400,000 |
5.00 |
Company B |
GM |
$39,000 |
$5,500 |
$1,100,000 |
2.50 |
Company B |
GM |
$41,500 |
$4,000 |
$1,100,000 |
1.50 |
Company B |
GM |
$44,000 |
$3,500 |
$1,300,000 |
2.00 |
Company B |
GM |
$46,700 |
$4,800 |
$1,400,000 |
4.00 |
Company C |
GM |
$41,000 |
$4,400 |
$1,000,000 |
3.50 |
Company C |
GM |
$48,000 |
$6,500 |
$1,500,000 |
4.50 |
Company D |
GM |
$51,500 |
$7,500 |
$2,000,000 |
6.00 |
Company D |
GM |
$52,500 |
$8,000 |
$2,400,000 |
6.00 |
Company E |
GM |
$48,900 |
$7,300 |
$1,600,000 |
5.50 |
Company E |
GM |
$44,000 |
$7,000 |
$1,400,000 |
5.00 |
Company F |
GM |
$51,500 |
$5,500 |
$2,100,000 |
8.00 |
Company F |
GM |
$48,750 |
$5,250 |
$1,600,000 |
6.00 |
Company G |
GM |
$49,000 |
$6,600 |
$1,500,000 |
6.50 |
Company G |
GM |
$53,000 |
$7,800 |
$2,200,000 |
8.50 |
Company H |
GM |
$46,600 |
$6,000 |
$1,750,000 |
6.00 |
Company H |
GM |
$47,000 |
$4,000 |
$1,450,000 |
5.50 |
Averages |
|
$47,261 |
$5,934 |
$1,584,211 |
4.8 |
From this information you
can conclude: In the city of your opening, the average
General Manager is making a salary base of $47,261,
average bonus of $5,934, 4.8 years in position and an
average sales volume of $1,584,211.
Plus you know exactly what
your competition is paying which will help you to either
make a competitive offer for new talent or to be able to
fight to keep your current talent.
Order your PMA Salary Survey
Today!
PMA Market Status Reports:
How do your job specifications match up with your
marketplace. How many candidates that match your
requirements exist in your marketplace or the city of
your needs? The PMA Market Status Report can tell you.
The PMA Market Status Report takes your hiring
requirements and gives your real Time information on a
specific city or marketplace. It generates a cross
section of what exists in your marketplace. Lets look at
the example below. You request a cross section of 100
managers. your hiring specifications are: General
Manager at least 2 years, Sales volume exceeding $900K,
No more than 3 jobs in 5 years, Salary base not to
exceed $42K, Good success path in career, etc. This is a
cross section of what we found in your marketplace. It
helps to measure salaries, tenure, complacency, talent
levels, etc. What is happening in your marketplace?
# |
% |
Market Search Breakdown |
|
|
100 |
|
Total Candidates Contacted and Interviewed |
Hours |
Invested |
|
|
|
20 |
at 4 per hour |
12 |
12.00% |
Not Qualified: More Than Three Jobs in Five Years |
|
|
35 |
35.00% |
Not Qualified: Salaries Higher Than Specifications Given ($42K) |
|
9 |
9.00% |
Not Qualified: Time in Position (Less Than 2 years as GM) |
|
|
9 |
9.00% |
Not Qualified: Lack of Success Path in Career/Going Backwards |
|
11 |
11.00% |
Not Qualified: Sales Volume Under $900 |
|
|
5 |
5.00% |
Not Qualified: Lack of Energy/Enthusiasm |
|
|
7 |
7.00% |
Not Qualified: would Take a Counter Offer |
|
|
|
|
|
|
|
12 |
12.00% |
Meets All Specifications |
|
|
Okay, the PMA Market Status
Report shows that out of 100 General Managers contacted, 12 met all of the
employers hiring specifications. Drilling down a little further the report
concludes 35% of the General Managers interviewed were making more money
than what the employer paid. A good idea might be to also order a Salary
Survey for this specific area and see how close or how far off on salary you
are. There is also a warning sign that your current talent might be
susceptible to your competition due to underpaying salaries in the market.
Competitive Intelligence like
this can save you a tremendous amount of money!
Webmaster/Link
to PMA-Oklahoma
|