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DIRECT HIRE - RECRUITMENT RETAINED SEARCH
What is a retained search?
A retained search is a professional service whereby a company pays a fee to the professional search firm while it manages the entire recruiting process to fill the open position.
What kind of companies would benefit from a retained search?
The simple answer is all companies looking to hire top talent or struggling to fill an open role. It is a candidate driven market and we have the tools to help you put together a competitive offer.
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What is the fee for retained search?
The retained search fee is typically a percentage of the first-year base salary or an agreed upon fixed dollar amount. A portion of the fee is paid upon signing the search contract, a second payment is due while the search for candidates is being conducted, and a final payment is due once the candidate starts their new position with our client.
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Why consider a retained search versus a contingent search?
The retained search firm works in complete partnership with the client to seek out the best group of candidates to be considered.
A contingency firm offers a service with no payment upfront and will often be working on multiple searches at once - prioritizing ones that can be executed quickly to ensure payments for their search. This is a less refined process with a large volume of potential candidates which increases the client risk of making a costly hiring mistake and losing productivity.
Why not try to fill the position on my own?
There are circumstances where we make this recommendation to a potential client. Our years of experience in finance & accounting recruiting have taught us that not every job opening is suited for a retained search, and we will be open and honest with you about that when discussing your open position.
What finance & accounting positions are your specialties?
Whether you need senior-level professionals for ongoing projects, or permanent placement, our finance and accounting specialists are ready to help. From accounting clerks to analysts, CFOs, and many other roles, we can quickly help you find the top talent you are looking for.
Retained Search for a Nonprofit Long-Term Health
ProNexus was engaged by the client to partner with the current CFO to assess the skill sets needed for the future CFO to be successful.
As a result of the unique ProNexus process, we were able to provide 4 locally based candidates within 4 weeks of kicking off the Search Project. The candidate hired was a previous CFO in non-profit, skilled nursing facilities with similar revenue as the client.
Retained Search for Manufacturing Company
ProNexus was engaged by the client to partner with their current audit firm to assess the skills sets needed for the future Controller to be successful. As part of our due diligence review, ProNexus recommended the client needed someone with a strong background in construction and manufacturing, to implement best practices within the accounting department, including AIA billing requirements.
Retirement Leads To Opening In CFO Role
The client is a medium manufacturing company in Rochester, NY that specializes in providing customized label printing and packaging for a variety of industries. The organization recently announced the retirement of their long-standing CFO. They engaged ProNexus to provide them with a top-notch CFO that was local and ideally had industry experience.
