If you are an employer considering partnering with a retained search firm to help fill a key position, then this article is for you. Here’s all you need to know about the benefits of using a recruiting firm!
Salary
Most companies use outside retained search firms for key hires above $100,000. Hiring an executive recruiter shows the potential candidate that the position is critical to the company. The organization demonstrates its commitment to success, which is important to key hires.
Confidentiality
Partnering with a retained search firm is warranted when the search needs to remain confidential. This is especially important for companies that need to line up a replacement while the senior executive is still in the role. Search firms can ensure confidentiality even when casting a wide net.
Key Player
If you are seeking specific talent or particular skillset, then now may be the time to consider utilizing a retained search firm. Any time you have a senior executive search, it is an opportunity to trade up to a top performer and drive results.
Top Talent
Employers know the value of top talent. That said, top employers want to run a comprehensive search to ensure they get the very best hire. They know that passive job seekers are the most likely source for top talent. Retained search firms have massive databases with qualified, experienced executive candidates.
Time-to-Hire
An executive recruiter will dedicate the time and effort needed to complete a search quickly and effectively without sacrificing quality. Time is a critical component when you need to expedite the hire of a key executive. Top employers know that they will get complete dedication from a firm that is retained. By partnering with an executive search firm and executing a retained search strategy, you can trust that you will get complete dedication from your recruiter.
Succession Planning
Do you have a key executive position with no internal successor? If the answer to that question is yes, then you will want to consider using a retained search a firm. It is important to note that you want a firm that can can consult with you and not just try to pair key words on resumes and job descriptions. In this article, we share our best advice on how to select a recruiting firm.
Interested in Retained Search services? Connect with a member of our team!
