Retained Search vs Contingent Search: Key Differences
There are two unique ways of searching for the person you need. Read on to understand the key differences between a retained and a contingent search.
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:
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!
There are two unique ways of searching for the person you need. Read on to understand the key differences between a retained and a contingent search.
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