Bronson Technical Search’s Post

Why work with a retained search firm? Employers are increasingly partnering with search firms amidst a challenging talent shortage, especially in high-demand sectors like AI. In this article, I dive into the important choice between retained and contingent search firms. Discover the unique benefits of each approach, success rates, and strategic insights to refine your talent acquisition strategy. Read more here: https://lnkd.in/g77fSmhv #ExecutiveSearch #HRInsights #RetainedSearch #recruitment 

Always a good reminder why retained executive search firms are the way to go! 1. Commitment and Focus Retained firms are engaged with an upfront fee, ensuring a dedicated and thorough search. This commitment allows for a deeper understanding of the client’s needs and a more targeted search. The placement is a guarantee. Contingent firms, on the other hand, often compete with other firms and may prioritize speed over quality since they only get paid if they make the placement. 2. Quality of Candidates Retained firms tend to focus on delivering high-quality, well-vetted candidates. They conduct a more exhaustive search, including passive candidates who may not be actively seeking new opportunities. Contingent firms often prioritize candidates who are actively looking for jobs, which can limit the talent pool. 3. Strategic Partnership Retained firms work as strategic partners, investing time to understand the company's culture, values, and long-term goals. This results in better alignment between candidates and the organization's needs. Contingent firms may not have the same level of partnership, as they often focus on filling positions quickly to earn their fee. 4. Confidentiality Retained firms can maintain a higher level of confidentiality, which is crucial for sensitive or high-profile searches. They work closely with the client to ensure a discreet process. Contingent firms may have a more public approach, as they often rely on advertising the open position widely. 5. Candidate Experience Retained firms provide a more personalized candidate experience, ensuring all interactions reflect the client's brand positively. This can enhance the company’s reputation and attract top talent. Retained firms hire the most experienced recruitment team to ensure success. Contingent firms may not have the same level of involvement with candidates, which can affect the overall experience. Contingent firms are where recruiters typically start their careers. 6. Thoroughness of the Search Process Retained firms typically follow a rigorous search process that includes in-depth candidate assessments, interviews, and reference checks. Contingent firms may not invest as much time in these steps, as their goal is to present candidates quickly. 7. Higher Success Rates Retained firms often achieve higher placement success rates and longer candidate retention due to their meticulous approach and deeper understanding of the client's needs. They only take on searches they know they will have success with. Contingent firms may have lower success rates because they are not as deeply invested in finding the perfect fit. #QualityOverQuantity #StrategicHiring #TalentStrategy #ExecutiveSearch #LongTermSuccess #HiringExcellence

Contingency vs. Retained Search: It's not just about filling roles; it's about finding the right talent the right way. 🤔 Dive into this guide to discover which strategy aligns with your hiring needs. #TalentAcquisition #HiringStrategy #RecruitmentGameChanger ellow.io

  You’ve likely seen the negative impact a bad hire can have on your team and business.   You’ve also likely seen the game-changing effect a great hire can bring to the performance and growth of both the team and business.   Don’t leave your hiring process to chance. Control the controllables. Implement a robust retained process that near-on guarantees a game-changing hire!   Retained search services can be key, but there are many misconceptions around them. Here are 7 myths debunked:   1.  Only for executives: Retained search isn’t just for C-suite roles. It applies to niche technical and leadership positions too. 2.  Too expensive: The investment in retained search is justified by reducing the risk and cost of a bad hire. 3.  Lack of added value: Retained recruiters are not just intermediaries—they bring deep market insights, technical expertise, and access to passive candidates.('A Players!') 4.  Takes too long: While thorough, retained search ensures the right hire, saving time and resources in the long run. 5.  Any recruiter can do it: Retained search requires a specialised skill set and industry expertise. 6.  Limits candidate pool: Retained searches actively expand networks and use diverse sourcing techniques. 7.  Lacks transparency: Retained search prioritises clear communication and transparency throughout the process.   In today's lunch & learn we explored our ‘Search’ product at C4S Search and Zero Global, focusing on ways to increase value and continually improve our service. Anything I’ve missed from your experience with retained search? #RetainedSearch #RetainedRecruitment #TalentAcquisition #ExecutiveSearch

The Benefits of Working Retained: Why It Makes All the Difference 🌟 In the executive search business, there are different ways to approach partnerships with clients—and the most effective method is working on a retained basis. Here’s why it’s a proven game-changer for clients: Deeper Commitment 🤝 Working retained means that both the client and executive search partner are fully committed to the hiring process. It allows for a stronger partnership and means that 100% of our time and resources are dedicated to a business-critical search. Quality Over Quantity 🎯 A retained search allows the search partner to focus on finding the right candidate on the market rather than the first candidate available. This means more thorough vetting, screening, a deeper understanding of the client’s culture and needs, and ultimately, a superior hire for long-term business success. Exclusive Access to Top Talent 🔍 Retained executive search partners have access to passive candidates and top talent who may not be actively looking but could be the perfect fit for a strategic role. Clients benefit from a wider and more curated candidate pool that they wouldn’t reach through contingent methods. Transparent Process 📈 With a retained search, clients gain greater transparency and communication throughout the hiring process. From regular updates to market insights and trends, they’re kept in the loop every step of the way from a single point of contact, leading to better decision-making. A True Partnership 🌐 Retained searches aren’t just about filling a role—they’re about strategic consulting with industry experts. Clients gain a trusted advisor who understands their business goals and helps align talent strategies with long-term objectives. Working retained means higher quality, deeper relationships, and ultimately, superior business outcomes. If you’re looking to take your hiring process to the next level, a retained approach might be the solution you’ve been searching for. #retainedsearch #executivesearch #hiringstrategies #ophthalmology #privateequity #indenovoglobal

Retained vs Contingent: Which hiring approach is right for you❓ In our latest blog post, we break down the key differences, advantages, and considerations of both approaches to help you make the best choice for your organisation. #MackenzieStuart #ExecutiveSearch #RetainedSearch #ContingentSearch #Recruitment #HiringStrategies

RETAINED SEARCH GOLD STANDARD SET BY THE NIELSON GROUP 2025 will be here before we know it. Having the right talent in place will be key to achieving your goals in the coming year. Finding the right fit is an intentional process. The Nielson Group has many years of experience conducting searches for everything from C-suite (CFO, COO) to City Manager to IT Product Managers to key technical roles. We've also coached many top talent individuals in leading companies including Medtronic, Walmart, Microsoft and many mid-cap high-growth organizations. There are two types of search services - Contingency and Retained Search. We know the frustration that comes with the contingency approach. In a contingency search, you hope you receive enough dedicated time to find and hire the right talent. Hope is not a strategy. That is why we don't offer contingency search. We offer a dedicated partnership approach. Why Retained Search? Retained search services are best for absolute discreetness, time sensitivity and the strong desire to make a top 5% hire. To do that requires dedication, and talent sourcing, evaluation and assessment expertise. Why Partner With The Nielson Group Retained Search? • Dedicated organizational development consulting expertise in a true partnership role • High touch, white glove process including extensive talent assessment and presentation of top candidates customized to your needs • Dedicated in-house sourcing consultant to drive attraction and 'right fit' candidate flow When Do You Use The Nielson Group Retained Search Services? • Time is a factor and you need to make a hire ASAP and you need to make a top 5% hire with no sacrifices • Time isn't a factor but you need to make a top 5% hire with no sacrifices • The Board, PE Firm or Family requires no insider hires • Making a strategic hire in finance, engineering or technology • Discreet replacement of incumbent executives and professionals • Succession Planning + Retained Search to maintain investor confidence We've worked with boards, search committees and leadership teams - we'll partner with your executive champion and lead the entire process with expert guidance. Let's talk! Schedule a convenient time to discuss your needs with Carl Nielson by going to https://lnkd.in/eNbDBE8A

When it comes to finding top #talent, understanding the difference between retained and contingency search is crucial. Each approach offers unique benefits, and choosing the right one can significantly impact the quality and efficiency of your #hiring process. #work #ceo #recruiting #executivesearch #retainedsearch #hagmansearch

Interesting article and it makes me question why executive turnover has surged in recent years. I would love to hear any thoughts or ideas on this 🙏

7 benefits of working with a retained executive search partner (that you probably didn’t think of): 👉 When you’re working with a retained partner, you’re building a long-term relationship, so finding a firm that you trust and align with (and that you actually enjoy working with!) will mean that they can confidently go out to market on your behalf, making connections that benefit you in the long run. 👉 Retained search isn’t just about finding a candidate - it’s about finding the RIGHT candidate.  Your retained search partner will invest the time in understanding your strategic goals in order to ensure they bring on individuals who align with your long-term objectives. 👉 The best candidates aren’t on the open market! You are looking for a search partner with the networks, expertise, and reach to find passive candidates who can bring the right skills to your business. 👉 It avoids the cost of leaving a critical role unfilled. Delays in decision-making, loss of team morale, and missed business opportunities all add up. A retained search partner works with urgency, minimizing the time your team operates without a key member. 👉 A strong retained search partner brings more than recruitment. They offer strategic insight into market trends, salary benchmarks, and competitor activity. This intelligence helps you make informed decisions to save costs and boost project profitability. 👉 How your market perceives you matters, especially at higher levels. A retained search firm is an ambassador for your brand, ensuring that every interaction with potential candidates reflects your values, culture, and vision. This is the sort of thing that sets you apart in the market! 👉 When making critical hires, you need a search partner who can act discreetly and effectively, protecting your business interests and avoiding unnecessary disruptions. Do you agree? Let us know in the comments. #ExecutiveSearch #CCLRetained #RetainedSearch