What is an Retained Search ?
Retained Search Retained Search What is Retained Search ? Retained Search is also known for Executive Search. Retained Recruiter works to search on the retain basis. Most of the companies look for the retained recruiters to hire a senior level persons in their organization.Candidates look for retain search recruiters who will work exclusively with the company. They will handle the entire recruiting process such as: Screening. Evaluating. Selecting the right candidate. Present the candidates who will fit in the organization. Retained search Charges up-to 30 to 40 percent, while contingent search may charge up-to 20 percent. What are the Advantages of Retained Search? High Quality Recruitment. Senior level candidates. They will Show High ROI ( Return on Investment). Graduated Payment System. Unique Challenges. What are the Disadvantages in Retained Search? Initial Payments. Higher Fees. Long term Contracts. Risk. Accountability. Even though