Retained Executive Search

WHAT IS RETAINED RECRUITMENT?

Retained recruitment is where a recruiter will operate on an exclusive basis for a client meaning the job will only be filled through this recruitment company.

In return for this commitment, the recruiter is able to spend a lot more time and effort on the position which typically produces much better results for the client.

In retained assignments, recruiters work very closely with their client and will take their time and use all available methods to find the best person for the job.

The process is more rigorous with a shortlist of around 3 – 5 candidates with the perfect skills, experience and ability being presented.

With retained assignments, the client pays as the service progresses, with part of the fee being paid in advance to retain the service and part on completion. This typically breaks down as:

  • 1/3 of the fee paid on commencement of the assignment
  • 1/3 of the fee paid on presentation of the shortlist.
  • 1/3 (remainder) of the fee paid on commencement of the successful candidate.

 

WHAT ARE THE ADVANTAGES?

There are many advantages to retaining your Hunter consultant and working in partnership. Some of these include:

  • Lower rate – because Hunter are guaranteed to fill the role, we can offer a lower rate for our clients.

  • Extended guarantee – because we are confident we will find the right candidate for you, we extend our replacement guarantee

  • Higher Priority – The assignment will take the highest priority and a consultant will focus only on this role and be 100% committed to finding the right person – producing a much better outcome.

  • Exclusive presentation – Candidates will only be sent to one client – saving time interviewing candidates who accept other offers

  • Local presence – As specialist recruiters, we know the local markets, salary rates, and have established networks.

  • Specialist Consultants  - We are specialist, technical consultants and only recruit for specific industries

  • Quality Shortlist – All candidates are thoroughly pre-qualified, shortlisted, briefed and reference checked prior to presentation – saving time interviewing unsuitable candidates

  • Top candidates – Only the top 3 – 5 candidates are shortlisted – saving time interviewing unsuitable candidates

  • More manageable costs – The costs of recruitment are spread naturally across the recruitment process – making the cost more manageable

  • Wider Search – Access to a large spread of candidates via: Database Search, Targeted search, Head Hunting, Passive candidates, Networking, Recommendations, Social Media,  Advertising online, Advertising in print media / Newspaper (if required)

 

To find out more, please Contact us and we will be happy to help.