We work closely with our candidates to identify and prepare you for the right opportunities. We work on both contingent and retained searches in order to provide our clients with a full recruitment service.
As a contingent recruiter we are able to proactively approach an agreed list of industry contacts to whom your skill set and personal attributes would be considered an asset. We really do consider our consultants market experts. Having acquired many years’ worth of industry experience and contacts across the buy and sell side we will be able to make introductions in a confidential and discreet manner.
As a senior candidate surely I should only be considering retained approaches?
The common presumption is that contingency recruiters don’t work on senior level searches. This is not the case, the true difference is in how we are paid. For a Retained search we are generally paid a portion of the fee in advance whereas on a Contingent appointment we are are paid once a placement has been made. There is no general rule of thumb to which option a client should take even when hiring a senior candidate and in fact post financial crisis we have found that many clients prefer to only pay a fee once a candidate is placed, particularly for senior appointments.
What does this mean for you?
In short this means that we are able to present you with a large spectrum of opportunities. There is no right or wrong way of recruiting, whilst some clients prefer the clarity a retained search can provide, others may find that this approach is too time consuming and lacks flexibility.
For example, many hedge funds that we work with are often quite discreet and prefer us to approach the market sensitively and not reveal the name of the client until they have confirmed interest from a potential candidate.
