The retained search, or executive search as it is also often called, is a sort of partnership. This cooperation model between a company and a hiring enterprise is placed on a treaty basis and involves such on demand recruiting services as finding senior or executive employees. These positions are usually extremely confidential and restrained.Therefore, this type assumes quite high pricing. Withal, the agency accompanies its customer beginning with the first stage and finishing with the final stage of the hiring process, i.e., to the point of making the job seeker a job proposal.
The salary percentage hiring type, or contingent recruiting, presumes the hire organization contingent it recruitment services which means not only professionally escorting its client throughout the whole period of looking for and hiring the applicant but also ensuring the organization with guarantees after hiring. Besides, this pricing pattern allows the hiring agency to get a percentage from its hire.If the enterprise chooses the flat fee search option, the service provider, for a particular fast price, composes and posts the job advert and gives the charterer the possibility to apply their applicant database until the right candidate is found.
Finally, suppose the business prefers the hourly billed hiring. Then it pays the service provider according to the number of hours the search department spent seeking out the applicant for the customer.