What is Retained Search?
Retained Search is the method favored by leading firms in the direct search industry to recruit candidates for managerial positions. A retained search firm is committed to carrying out assignments until successful completion.
What is Contingency Recruitment?
Contingency Recruitment is most often used when positions are low level and not critical to the organization. It is the traditional “no win, no fee” approach.
Why does Pro Interlink Resources prefer Retained Search assignments?
Retained search entails spending time on sourcing candidates who are happy and stable with their employers and not actively seeking other employment. We prefer to evaluate such candidates for a particular client and will not present candidates to more than one client at a time. Exclusivity is a key element of any Retained Search. Therefore, the client will not find himself in a bidding competition for a desirable candidate with a business rival. A contingency recruiter is, moreover, in a race against other recruiters to present candidates before they do. As soon as desirable candidates are found, the contingency recruiter will present them to many clients to have the greatest chance of making a placement.
What is the average Lead Time for a Retained Search assignment?
We expect, on average, to spend twenty to thirty days to complete a Search.