Friday, November 24, 2017

Types of Executive Searches

Retained Search

Retained searches are generally the appropriate choice for organizations which have specific needs at the Executive level.

The Retained Search is a very focused and exclusive engagement between our firm and your organization which has the highest priority in the work which we do. In addition to developing a complete profile for the ideal candidate for this position, we get to know the senior executive to whom this position reports, as well as your organization culture, to understand the type of executive who will best suit the needs or your organization now and into the future. We also develop a target list of companies from whom we might expect to find the ideal candidate, and then develop a high profile listing of individuals within those target companies whom we will approach as possible candidates. We then prepare a detailed profile on each candidate presented to you with full background information. A complete set of reference reports, customized to your needs, is provided on each finalist candidate prior to consideration for an offer. We then assist you as necessary in negotiating a final offer and acceptance.

Fees for Retained Searches are paid on a set schedule commencing at the start of the search and completing and the conclusion of the search.


Contingency Search

The Contingency Search is the type of search in which we tailor our recruitment to your needs in a non-exclusive engagement. These searches we typically do at the staff, manager, and director levels for our clients. We will source, identify and recruit the professional who meets your needs. We offer reference checks at the end of the process unless otherwise agreed upon. Candidates are thoroughly qualified prior to submittal so that you are not just receiving a resume. We will inform you of who the candidate is beyond the resume (their success,  management skills, specifics to their day to day responsibilities, etc.).

Fees for Contingency Searches are paid only upon successful placement of a candidate at the conclusion of the search.

Contained Search

The Contained Search is really a combination of a Retained Search and a Contingency Search. Generally, this is a semi-exclusive engagement, often used at the manager and director levels for our clients, but sometimes at the vice-president level as well. This type of search is given a higher work priority that Contingency Searches, but lower than Retained Searches. We will source, identify and recruit the professional who meets your needs. We provide reference checks at the end of the process. Candidates are thoroughly qualified prior to submittal and we will inform you of who the candidate is beyond the resume (their success, management skills, specifics to their day to day responsibilities, etc.).

Fees for Contained Searches consist of an upfront non-refundable commitment fee with the balance of the search fee paid only upon successful placement of a candidate at the conclusion of the search.