Retained Search

We do both contingency and retained recruiting. There are many things in common between the two types of recruiting.  These are focus by search firm and exclusive assignment from hiring company.

There typically more focus by the recruiting firm because there is a upfront fee.   The retained search firm is being paid to conduct the search.  They therefore undertake a much more exhaustive process.  These recruiters work very closely with their client and will take their time and use an agreed methodology to find the best person for the job.

The retained recruiter takes their time to get things right using processes and agreed methodology, knowing they will eventually fill the position thanks to their exclusivity terms. The process is usually rigorous with a shortlist of anything from three to ten names being presented before interviews commence. In a perfect world, the retained recruiter will be able to present five candidates with the perfect skills, location, salary etc and all the client has to do is pick the one they like the most.

A retained recruitment assignment doesn’t come cheap, the client will expect to pay up to 50% of the projected first annual salary of the successful candidate. Companies will request a retained search when they are looking to fill a senior position and sometimes when all other cheaper search options have been exhausted

 

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