What Every Employee Should Know About Retained Executive Search - WalkWater Talent Advisors

What Every Employee Should Know About Retained Executive Search - WalkWater Talent Advisors The common term used for companies who help hire candidates for a company is “recruiters�. But, this is a term that encompasses a wide range of different types of recruiters. Each talent acquisition professional has a different discipline and a different methodology involved to bring out the results. One of the most beneficial types of recruiters you can hire is a retained executive search agency, one that is retained on an exclusive basis to recruit the best candidate for a specific position on behalf of a specific client. The service is delivered through extensive research designed to identify all the potential candidates for the role, and appoint the best possible fit for the same.

As an employee or owner of a business, you may want to hire such a partner to bring to you the best candidates to work within your

organization. But, investing in such a firm may bring many doubts in your mind; and that is absolutely natural. Understanding your frame of mind, a list of such questions has been listed in this blog, trying to clear all such doubts, so that you can partner with a retained executive search agency without any hesitation.

What advantage can be achieved by hiring a retained executive search firm?

Any business owner, whenever plans on taking any new step, will first and foremost check for the advantages that can be achieved.

Same is the case when considering to hire a retained executive search firm. After all, such a firm will ask for an upfront fee, unlike a contingent recruiter who asks for the entire fee only after the placement is done. But, one thing to understand is that a contingent recruiter is only concerned with finding a candidate and placing him in your organization, without worrying about the latter part of checking if the candidate placement has proven successful for the organization or not. They just fill in the jobs as soon as possible and move on, without taking the time to understand your business or your goals to find a good fit. There is no loyalty to the client for a long term. A retained executive search firm, on the contrary, will first learn about your business, your culture, your competitive landscape, and your goals. Based on this understanding, the firm focuses on solving the company’s challenges, and finds candidates who can help move the company towards its goals in the future.

Thus, you can be sure to have the right talent introduced to your organization.

Why commit to an agreement with only a single retained executive search firm?

One logical point you may have in mind is that you hire multiple recruiters to work on searching for the right candidates, because the more recruiters you hire, the better your result will be. But, in reality, this may not be true! Using multiple search professionals for a single position can cause more problems than solutions. This is because with multiple professionals hired, you will be setting them in competition with one another, making their focus concentrate on how fast they can provide you with a candidate, rather than the quality of the candidate they should be bringing to you. This may bring to you a list of multiple candidates, but no viable talents.

What if the candidate doesn’t work out for the company?

A retained executive search firm will likely bring to you only the best and most relevant candidate after going through all the research they have done about your business and your goals.

Nevertheless, just in case, the candidate doesn’t work out for the company, what do you do then? So here, you must understand that with contingent recruiters, you are paying for each executive candidate, but with a retained executive search firm, you are paying for a methodology that results in an executive candidate, and a process improvement that can be utilized time and again. Moreover, all sorts of time and headaches can be saved by avoiding pitfalls and delays associated with contingent search. Thus, partnering with a retained executive search firm is an investment, not an expense. If you have been till date looking at procuring top executive

candidates for your organization as a cost, it is because you haven’t been hiring the right people. But, working with a retained executive search firm can turn that around effectively. WalkWater Talent Advisors is one of the best executive search firms in India whose effective practices have brought successful outcomes for every client till date, building a trust for a differentiated and refreshing approach to their executive hiring needs.

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