Retained Search Services - Staffing Launch

What is Retained Search?

A premium executive search service for high-level and specialized positions

Retained search is a specialized recruitment methodology used to identify and secure top-tier executive talent and highly specialized professionals. Unlike contingency recruitment, retained search involves an exclusive partnership where clients pay an upfront fee to secure dedicated resources for their search.

As a retained search firm, you work on a limited number of high-value searches simultaneously, conducting comprehensive market research, direct outreach to passive candidates, and thorough assessment of executive-level competencies. Your firm is compensated regardless of the search outcome, though successful placements are the ultimate goal.

This premium service is typically reserved for C-suite positions, senior leadership roles, and specialized positions that require unique expertise or are particularly challenging to fill through traditional recruitment methods.

Benefits of Retained Search

Why clients choose retained search services and how it benefits your staffing business

Premium Service Model

Position your staffing firm at the high end of the market with a premium service that commands higher fees and establishes your expertise.

Higher Fees

Retained search typically commands fees of 30-35% of the placed executive's first-year compensation, significantly higher than standard placement fees.

Predictable Cash Flow

Receive payment in installments throughout the search process, creating reliable revenue regardless of placement timing.

Exclusive Relationships

Build deeper, more strategic relationships with client organizations by serving as a trusted advisor for their most critical hiring needs.

Executive Network

Develop relationships with C-suite executives and board members, expanding your professional network at the highest levels.

Strategic Impact

Influence organizational success by placing leaders who will shape company strategy and execution for years to come.

The Retained Search Process

Our proven methodology for successful executive placements

Client Engagement & Discovery

Develop a deep understanding of the client organization, including its culture, strategic objectives, challenges, and the specific requirements for the executive role. Create a comprehensive position specification document.

Research & Strategy Development

Conduct thorough market research to identify target companies and potential candidates. Develop a customized search strategy including industry mapping and competitive analysis.

Candidate Identification & Outreach

Leverage your executive network, research capabilities, and direct sourcing approaches to identify and engage qualified candidates, including those not actively seeking new opportunities.

Candidate Assessment & Evaluation

Conduct in-depth interviews and assessments to evaluate candidates' qualifications, leadership capabilities, cultural fit, and motivation. Perform thorough reference checks and background verification.

Client Presentation & Selection

Present a shortlist of qualified candidates to the client with detailed assessment reports. Facilitate interviews and provide guidance throughout the client's evaluation process.

Offer Negotiation & Closing

Assist with structuring competitive compensation packages and negotiating terms. Serve as an intermediary to address concerns and facilitate agreement between the client and selected candidate.

Integration & Follow-up

Provide onboarding support to ensure a successful transition. Maintain regular communication with both the placed executive and client to monitor progress and address any integration challenges.

Key Success Factors

Essential elements for building a successful retained search practice

Industry Specialization

Develop deep expertise in specific industries or functional areas to differentiate your firm and demonstrate credible knowledge to executive clients.

Extensive Network

Cultivate and maintain relationships with executives across industries to create a robust network of potential candidates and referral sources.

Research Capabilities

Invest in advanced research methodologies and tools to identify passive candidates and conduct thorough market analysis for each search.

Assessment Expertise

Develop sophisticated assessment techniques to evaluate executive competencies, leadership potential, and cultural fit beyond what appears on a resume.

Consultative Approach

Position yourself as a strategic advisor rather than a transactional recruiter, providing insights on organizational design, succession planning, and talent strategy.

Business Acumen

Demonstrate strong understanding of business fundamentals, strategic challenges, and executive leadership to engage credibly with C-suite clients and candidates.

StaffingLaunch

Retained Search