Reasons Why You Should Use Retained Search for Your IT Staffing Needs

Finding the ideal talent can be an uphill task when hiring for specific roles that need a unique set of skills.

18:36 15 July 2021

Here’s to teaching you how to maximize your time by using retained search and turning your problems into opportunities.

 

Most hiring managers tasked with hiring staff for niche positions wonder which recruitment services are most helpful. When you have such a task ahead of you, retained search is the ideal solution. This is a form of recruitment search that enables recruitment experts to concentrate on and emphasize roles more tactically. 

 

Recruitment firms refer to hiring as “retained search,” which is a tactical hiring method. It involves work between the company and the recruiting agency, selecting the best and most competent applicants. Others also use terms like “executive hire” or “engaged search,” but they all mean the same thing.

 

In the recruitment process, you can either use a contingent or a retained search. In a contingent search, the retained search staffing agency is paid only when they successfully find someone. In contrast, in a retained search, you pay a fraction of the agreed price upfront and clear the balance after completing the task. If the task is unsuccessful, you get a full refund. This option then offers better chances of filling any vacancy.

 

Pros of Using Retained Search 

 

• Reduce The Risks of Bad Hires

 

A retained search focuses on quality. In most cases, you will be partnering with top-notch recruiting agencies with a proven record of success. When it is essential to get the ideal person for a critical post, retained search gives you lower chances of a bad hire, and you can rest assured of securing skilled talent.

 

• Higher Priority

 

Since retained searches are upfront structured, this guarantees that the hiring is given higher priority than when you go for commission-based recruitments.

 

• Finding Unique Abilities

 

A retained search offers prospective candidates who are already in the job market. This implies that they can extend their search to reach a broader range of personnel, thus increasing the possibilities of settling on a candidate with the precise, unique abilities required for specific roles. 

 

• It Is More Tactical

 

As earlier mentioned, retained search uses a more tactical approach and considers those who are not ardently looking for new roles. This gives room for a more comprehensive selection than only going for candidates in a database, replied to advertisements, or shown personal interest.

 

• It Is More Customized

 

With retained search, you get a more tailor-made search for niche roles. It is not a general approach. Instead, the retained search staffing agency uses more time to examine a candidate and ascertain that the talent they possess is best of the best. 

 

• Get Resources You Otherwise Lack

 

It is common knowledge that many organizations lack the resources and time required to search for the best and most competent workers themselves. Using retained search agencies saves you time and resources since the task might take less time than done internally.

 

• Most Screened Candidates

 

Retained search gives you the confidence to get well-scrutinized candidates. Staffing firms conduct rigorous reference checks, background checks, and much more, and this gives you only the most competent candidates both culturally and skill-wise.

 

• Numerous Options to Pick the Best

 

Retained search agents don’t give you just one potential individual to fill a vacancy. Instead, they present several highly talented people who meet your cultural, abilities, and salary requirements for you to choose your best fit. 

 

Going for a retained search is the best thing you can ever do for your business.