ProNexus Blog

Retained Search - the best way to hire

Written by ProNexus Admin | Mar 28, 2023 6:19:02 PM

A retained search is a type of recruitment service where a company engages a search firm to identify and recruit candidates for a specific position. In a retained search, the search firm works exclusively for the client and is paid a percentage of the fee upfront, and is responsible for delivering a shortlist of highly qualified candidates for the client's consideration. Since the firm is paid a portion upfront, they are highly committed to finding the best candidate for the job and will often go to great lengths to identify and attract top talent.

Here are a few reasons why a retained search may be the best way to hire:

  • Access to a wider pool of candidates:
    A retained search firm has a broader network of contacts and resources, which enables them to source candidates that may not be accessible through traditional recruitment methods.
  • Expertise in the industry: A retained search firm specializes in a specific industry or market, which means they have a deep understanding of the industry and can identify candidates with the right skill set and experience for the job.
  • Time-saving: Retained search saves time by outsourcing the recruitment process to experts. The search firm handles everything from sourcing candidates to screening, interviewing, and presenting a shortlist of candidates, allowing the client to focus on their core business operations. Most positions are filled within 90 days.
  • Quality of candidates: Since a retained search firm is only paid if they deliver results, they are highly motivated to find the best possible candidates for their clients. This ensures that the client receives a pool of highly qualified candidates that meet their specific needs.
  • Confidentiality: Retained search is a confidential process, and the search firm takes all necessary measures to ensure the client's privacy and confidentiality.

In summary, a retained search is an effective way to hire because it provides access to a wider pool of candidates, expertise in the industry, time-saving benefits, quality of candidates, and confidentiality.

At ProNexus, retained search is our area of expertise! You are engaging our firm for our network and process – not a resume. We guarantee delivery and will work until the position is filled. We only take a few searches at a time, so you know you are our top priority. Our consultative approach/process helps to reduce the risk of an ineffective hire.

We would love to tell you more about our approach. Get started with a free consultation today!