Specialized: Many candidates and potential candidates miss out on opportunities simply because they misunderstand how a retained search is conducted. Unlike headhunters, retained searches are not about finding a quick fix for an under staffing issue or sending as many resumes as possible to the client. Retained search is a highly-specialized search that targets the perfect candidate. It’s not about finding just anyone who can perform the job duties; it's about finding that special person who will thrive in the leadership role and is a good organizational fit with our client.
Mutual Fit: For our client companies, this means we are taking extra care using our own evaluation in hiring experience to make a wonderful fit. It also means the client is not wasting time, effort and resources in hiring someone who isn't right for their organization. For our candidates, this means you can be assured we will only present you special opportunities which we believe will help maximize your potential.
Minimized Cost: Our candidates and clients wish to minimize the time and cost associated with the new hire/partner process. Our thorough and thoughtful approach is extensive and takes time but most of that burden falls on us.
A mistake in a career change for a candidate means losing out on an existing successful position which most often can not be recovered. It would then require a job search process which most of our candidates have never done, as they have always been recruited. From the client's perspective, a hire or new partner who is not successful is extraordinarily expensive. Calculations have been made that the actual cost of such a hire is 2 to 10 times the salary of such a person. The 2 times includes the basic separation and hiring costs, while the 10 times also includes the organizational impact of the individual while employed as well as the lost opportunity costs.
We are proud of the success we enjoy with our retained recruitments and the short and long term value they have brought to their new employers.
"I enjoy helping people be successful.When I am focused on filling a position in a retained search, I have a lot of opportunity to use my years of recruiting and developing exceptional leaders to coach the referral sources/candidates about their existing and future career development and options. The love of this interaction and the pleasure of adding value to my old and new friends, frankly, is a critical aspect of why I chose to spend my 2nd 30-year career doing retained executive search."- D.H. Abramson
CFO Small Publicly-held Entertainment Company-Upper Midwest
Summary: Company had a need for their industry and a public company reporting experienced CFO. Candidate had those credentials and wanted a full charge CFO position with significant personal, professional and economic potential. We made a match that was perfect for both the candidate and the company.
Details: David counseled and coached a CFO level individual with Big 4 Senior Manager experience regarding this opportunity. The candidate had spot-on industry and public reporting company experience. She was looking for an opportunity that enabled her to leverage a traditional SEC reporting CFO position with a lot of transaction-oriented experience. In addition to the personal growth, she wanted economic growth opportunity through a stock option program.
Both the candidate and the client were very pleased with the fit and the potential for significant contributions. An excellent match was made.