Question 1

What is Retained Search?

Accepted Answer

Retained Search is a partnership-driven recruitment model where we collaborate exclusively with our clients to secure the right talent for their most critical roles, be they strategic, revenue-generating, or managerial positions.

Our process begins with a thorough consultation to gain a deep understanding of our client’s needs, company culture, and the specific requirements of the role. Equipped with this knowledge, we launch a targeted headhunting campaign, often complemented by a strategic advertising effort, to attract and engage the best possible candidates.

Throughout the recruitment journey, we maintain close and continuous communication with both our client and the shortlisted candidates, ensuring a seamless and successful hiring experience.

Question 2

What are the benefits of a retained search over contingency recruitment?

Accepted Answer

Retained Search provides a more targeted and committed approach to recruitment. By dedicating specific resources to your search, we gain a thorough understanding of your company culture and needs, which results in higher-quality candidates and a more efficient hiring process.

While contingency recruitment often relies on sourcing talent from a recruitment agency’s existing database, retained search goes further. It focuses on actively identifying and engaging the top candidates in the market through strategic headhunting, ensuring you secure the best fit for your specific requirements.

Question 3

How do you ensure the candidates you present are the right fit?

Accepted Answer

We undertake a thorough analysis of your company culture, role requirements, and team dynamics to ensure the ideal match. Our approach includes rigorous candidate assessments, from in-depth interviews and reference checks to psychometric testing where appropriate.

During the Retained Search process, 808 Talent engages with each shortlisted candidate through 20-30 different touchpoints. This extensive interaction enables us to develop a deep understanding of their motivations, character, and suitability for your organisation.

Question 4

What is your fee structure for a Retained Search?

Accepted Answer

Our fee structure is designed to align with the stages of the recruitment process and typically comprises three key stages:

1. Retainer Payment: This initial fee is required to commence the search and consultation process. It covers the detailed brief, candidate research, headhunting, and interviews.
2. Shortlist Presentation Payment: An additional fee is payable upon delivery of an agreed shortlist of candidates, reflecting the progress and effort invested in identifying top talent.
3. Final Payment: The concluding payment is due upon the successful placement of the candidate, marking the completion of the recruitment process.

This structured approach ensures transparency and aligns our interests with your recruitment goals.

Question 5

How long does the recruitment process typically take?

Accepted Answer

While timelines can vary depending on the role and market conditions, our retained search process usually takes between 6-12 weeks from initial consultation to the offer accepted by the chosen candidate

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