Retained Search is a particularly effective recruitment tool when:
- there are business critical deadlines dependent on a new appointment
- the target market of potential candidates is challenging to access or is undefined
Planning
A key feature of Retained Search is the allocation by Wilbury Stratton of time and resources to the campaign.
This enables the work to be prioritised until it is successfully completed.
Working in a planned way to an agreed timeline gives an organisation confidence that an offer will be made by a specific date.
The process allows for regular updates and benchmarking during the research, candidate selection and interviewing phases. Client interviews are only scheduled once the decision makers are satisfied with the candidate shortlist.
Pricing
The pricing structure for Retained Search is agreed with clients on a case by case basis. It is dependent on the complexity of the role and the accessibility of the target population.
In general, a Retained Search campaign is highly planned and structured. The fee is paid in instalments at pre-defined stages in the process.
Wilbury Stratton considers all aspects of a role when recommending Retained Search:
- Business critical deadlines
- Accessibility of potential candidates
- Confidentiality
- Seniority
- Client preference
