Why should you use Retained Executive Search Services?
Are you tired of spending countless hours sifting through resumes and conducting interviews, only to come up empty-handed?
Are you struggling to find top talent that fits your organization’s culture and leadership style?
In today’s competitive hiring climate, it can be difficult to find the right fit for your organization.
That’s where retained executive search services come in.
But what exactly are retained executive search services and how can they benefit your organization? Simply put, retained executive search is a specialized recruitment process in which a company hires a search firm to identify, assess, and recruit executives for top-level leadership positions. The search firm is “retained” through a fee agreement, usually a percentage of the executive’s first-year salary.
So, why should you consider using retained executive search services? Here are just a few reasons:
- Access to a broader pool of candidates: Retained executive search firms have extensive networks and resources at their disposal, allowing them to identify and attract a wider pool of potential candidates. This is especially useful for organizations looking for niche or hard-to-find skills.
- Expertise in assessment and evaluation: Retained executive search firms have extensive experience in assessing and evaluating candidates. They are able to identify not only the skills and experience a candidate has, but also their fit with the organization’s culture and leadership style. This helps ensure a successful hire.
- Time-saving: The recruitment process can be time-consuming and resource-intensive. Retained executive search firms handle the entire process, from identifying and sourcing candidates to conducting interviews and negotiating offers. This frees up time and resources for your organization.
- Confidentiality: Retained executive search firms are able to conduct searches confidentially, which is important for organizations looking to fill a position without announcing it publicly. This can be especially useful for organizations that want to fill a position internally but don’t want to advertise the opportunity externally.
- Improved candidate experience: Retained executive search firms are able to provide a personalized and professional experience for candidates. They are able to give candidates personalized feedback and guidance throughout the process, improving the overall candidate experience.
Filtering through to find your perfect candidate takes time, and skill – resources that can be outsourced to free up your own time to double-down on your own value-adding skills to the marketplace.
But don’t just take our word for it. Here are a few examples of how retained executive search services have helped organizations find top talent:
- A Cancer (Oncology) focused Drug Discovery organization was struggling to find a Scientific Laboratory Operations Director with a strong background in both growing teams of Scientists, and deep domain expertise in the company’s unique technologies. They turned to New Era Executive Search, who were able to identify and recruit a highly qualified candidate with the right combination of skills and experience.
- A Technology-driven Clinical Trials Management company was looking for a new Sales/Business Development leader to launch and growth it’s service offering in North America to lead the company through its next phase of growth. They engaged New Era Executive Search, who were able to identify and recruit a seasoned executive with a track record of success in growing new businesses in the Data-drive Clinical Trials industry.
- A Nonprofit Pharmaceutical Research Organization was in need of a new Executive Director of People & Culture to lead the organization through a period of change. They enlisted the help of a retained executive search program, which was able to identify and recruit a candidate with the right combination of leadership skills, non-profit experience, and a passion for the organization’s mission.
In today’s competitive hiring climate, it’s more important than ever to have a strong recruitment strategy in place. Retained executive search services can help your organization find top talent and improve the overall recruitment process. So, if you’re struggling to find the right fit for your organization, consider using retained executive search services to help you find the perfect candidate. Are you ready to take the next step in finding top talent for your organization? Are you interested in learning more about how retained executive search services can help your organization succeed?
Contact us today to learn more at info@neweraexecutivesearch.com.
