We strongly believe in the value of the retained search model and think it should be widely use across all levels of recruitment, not exclusively at the management and executive level.
Our clients say they receive more focus and better results from retained search partners as they have limited distractions unlike contingency recruiters. The client / agency relationship is also stronger as both parties are committed to the assignment.
When working on a retained basis your consultant will go through a defined process, get to understand your business and manage the assignment from beginning to end. The retained model also allows your consultant the time to target the best available talent, not only the active job seekers, who do not necessarily possess the best profile for your vacancy.
The perceived disadvantage of retained search is that the client has to pay an upfront payment regardless of outcome. However, this obligation to pay by the client is repaid by an obligation to perform by your consultant.
We have no head office teams, non-fee earning management or investors. What we do have is the same referral networks and recruitment technologies, alongside 20 year’s experience, enabling us to find the best people for your business.
We can charge 8% because we only work on high quality retained recruitment projects. We work productively, ensuring our time is accounted for and not spent on multiple agency positions with no guaranteed outcome.
Many recruiters spend 80% of their time chasing projects that come to nothing and therefore need to charge a 20% recruitment fee to account for their unproductive time.
Retaining us takes those concerns away and allows us to comfortably go to market without the usual agency stamped. We can spend the time building effective recruitment campaigns and searching the passive candidate market…..often where the best candidates sit.
Recruiting great people takes time; time that you don’t always have. We founded Retained Recruitment with this thought in mind, to provide a high quality consultancy service with a competitive pricing strategy.
Typically, a white-collar recruitment agency would charge between 15-20% of an annual salary package for their services. These charges can be out of reach for small, medium or cost conscious businesses, especially in these market conditions.
At Retained Recruitment, we have tried to remove the affordability vs time vs service decision that most businesses have to consider when deciding how to recruit.
Our recruitment fees are 8% of the annual salary package, saving up to 60% compared to the industry standard 20% fee.
New Employee's Salary: $
Your Total Recruitment Savings could be:
Based on an industry-standard 20% fee.