Recruiting
4 mins read|2 months ago

TeamEx vs. Recruiting Agencies

Mariana Krasteva
Mariana KrastevaMarketing Expert at TeamEx

The shift toward remote and hybrid work arrangements, particularly prevalent in the tech sector, called for a corresponding optimization of recruitment practices. Along with traditional recruiting agencies, innovative platforms like TeamEx have emerged as a targeted and direct response to the current trends in hiring and working.

Recruiting agencies focus on filling temporary, short, and long-term roles for businesses. With vast talent pools, these agencies can help businesses match with talent from a wide range of industries. However, with increasingly competitive rates and strict control over the communication between talent and businesses, recruiting agencies can be limiting and even cause delays during the recruitment process. 

TeamEx, a work marketplace that connects businesses to tech professionals, provides a new form of connection and communication when acquiring talent. A balanced blend of a human-centric approach promoting collaboration and AI-driven efficiency enables clients and talent to take the best of the two worlds.

TeamEx for Clients and Recruiting Agencies Compared

TeamEx offers streamlined, AI-driven talent screening and hiring, focusing on matching businesses with tech professionals who not only meet the technical requirements but also align with the company's culture and values. This contrasts with traditional recruiting agencies that provide a broader spectrum of candidates across various industries, often prioritizing speed and volume of placements.

TeamEx's model is particularly beneficial for companies looking for specialized talent in the tech sector and aiming for long-term growth and retention, whereas recruiting agencies might appeal to those needing a wide range of positions filled across different sectors quickly.

The table below highlights the most important differences between TeamEx and recruiting agencies.

Aspect

TeamEx

Recruiting Agencies

Operation

Facilitator connecting tech talent and clients, focusing on long-term full-time commitments

Connects clients to professionals across a wide range of industries

Target clients

Elite clients prioritizing long-term, full-time commitment

Businesses looking for quick placements across various roles

Talent pool

Top tech talent: developers, designers, AI engineers, data scientists, ML/DevOps, Testers/QAs 

Broad, from various industries worldwide

Geographical coverage

Specializes in Latin America and Europe, offering top talent from 14 countries

Offers global access to professionals of various skill levels, expertise, and experience

Employment contract types

Permanent employment and long-term commitment

Fixed-term and temporary employment contacts with minimum commitment

Talent retention

High talent retention rates

High employee turnover rates

Screening process

Bias-free skill assessment and emphasis on cultural fit, utilizing AI for holistic matching

Focus on skill assessments, potentially lacking cultural alignment

AI-enabled hiring

AI-assisted talent screening, selection, and interviewing

Partial use of AI to facilitate the candidate screening process

Workforce management functionalities

HR tools for global workforce management, global payroll management, and employee benefits management

Lack of workforce management support after hiring

Pricing

Transparent flat monthly fee of $975 per talent

Variable depending on the agency - 15-20% of annual salary (paid at once), often with hidden costs

Payment Structure

Companies pay a flat monthly fee for talent

Commission-based or varied pricing models

TeamEx for Talent and Recruiting Agencies Compared

Choosing between TeamEx and traditional recruiting agencies is not just about finding the next job but about shaping a career path and ensuring alignment with personal values and professional aspirations.

For tech talent in Latin America and Europe, TeamEx offers access long-term full-time opportunities, which means a chance to be part of companies where they can truly belong and thrive long-term. This is particularly appealing for those seeking stability and a sense of purpose in their work. 

In contrast, traditional recruiting agencies provide the flexibility to explore a variety of roles across industries, making them a good fit for individuals valuing diversity in their career experiences and the opportunity to work on different projects.

The following table illustrates the main difference between TeamEx and recruiting agencies from the talent’s perspective.

Aspect

TeamEx 

Recruiting Agencies

Opportunities

Prioritizing long-term, full-time roles giving a sense of belonging and purpose, promoting job security and career growth for developers, designers, AI engineers, data scientists, ML/DevOps, Testers/QAs

Diverse roles, including freelance, part-time, full-time, across various industries

Talent support

Offers comprehensive support for integration into companies, including benefits and long-term career planning

Lack of personalization and proper communication between talent and recruiters

Cultural and value alignment

Emphasizes matching talent with companies that share similar values and cultural fit, enhancing job satisfaction

A primary focus on matching skills to project needs, with no consideration given to cultural and personality fit 

Geographical coverage

Available for tech talent in Latin America and Europe and companies all around the world

Global accessibility

Employment contract types

Permanent employment and long-term commitment

Fixed-term, project-based, and temporary employment contacts with minimum commitment

Retention and stability

Promotes high retention rates by aligning talent with companies for long-term growth

Higher turnover due to the predominantly project and skill-based talent selection

Screening and selection

Utilizes AI for a holistic match, considering skills, cultural fit, team dynamics, and long-term career goals

Skill-based screening overlooking values and career aspirations following traditional formats (tests and interviews), which makes it time-consuming and inefficient

AI-enabled hiring

AI-assisted talent screening, selection, and interviewing process

Limited use, varies by agency

Compensation and benefits

Offers stability with a focus on fair, transparent compensation and access to employee benefits

Flexibility in rate setting, without benefits for freelance positions

Payment structure

Free of charge for talent

Often involving commission from talent's earnings

Salary negotiation

Companies directly negotiate the salary with talents

Often agency-mediated, less flexibility

Final Thoughts

Following traditional talent screening and hiring practices and procedures, recruiting agencies focus on the technical skills of candidates to match them with recruiters looking to fit specific job roles. However, with an impersonal process, recruiting agencies can create mismatches between talent and recruiters, further delaying projects and impacting the team dynamics of an organization. 

On the other hand, TeamEx draws attention to all aspects of talent and not just their technical skills. The AI-driven screening, matching, and interviewing ensure optimal matches that extend beyond professional abilities to include cultural and personality fit. The overall results are affordable, transparent, and personalized solutions, exceeding the expectations previously established by traditional recruiting agencies for both clients and talent. 


About Author

Mariana Krasteva
Mariana KrastevaMarketing Expert at TeamEx
Mariana is a marketing expert and technical writer specializing in recruitment platforms, HR management, CRM, and business management solutions. She brings together specialized knowledge, solid experience, and best writing practices into clear and effective marketing strategies and content.