A quick google search will show you how the market is saturated with vacancies for Registered Managers for existing or to open new Children’s Homes. The shift in the market requires a more systematic and methodical approach to recruiting for these roles. A retained search gives the company and recruiter time to provide a successful outcome within agreed timescales.
Most companies will likely be familiar with contingent recruitment. This is the ‘no win, no fee’ model that works well with lower-level or easy to fill roles. With contingent recruitment, payment is only made when the position is filled.
What is Retained Search?
It is a financial commitment from a client that allows the recruiter to apply a robust process, mitigating against the things that can go wrong. Giving not just any result but the best result of available candidates in the market at that time. The best part is that it costs no more than the contingency ‘no win, no fee’ method!
Why Retained Search works!
- In the candidate pool of individuals that meet your criteria in skills, qualifications, experience, and location less than 30% will be active. This is the pool all agencies will target which means that a huge chunk of the talent pool will never be spoken to on a contingency model.
- When a company engages with multiple recruitment agencies, they believe that they are increasing the chances of a hire. The truth is the opposite. Imagine you are looking to buy a house and you drive past a property that has several ‘For Sale’ signs from different estate agencies outside. What would you think? There must be something wrong with it as it’s hard to sell. It’s the same in recruitment. If multiple recruiters are talking to candidates about your company, they are diluting your credibility.
- Every recruiter on a ‘no win, no fee’ basis will prioritize the jobs they are most likely to fill. These will be the lower-level roles that continually push the management vacancies down the recruiters list.
- Contingent recruiters also work fast. Once they find a candidate, they must get the CV submitted before a competitor does so, they can earn the fee. How much time is there to qualify and assess suitability for a role there is very little time to do this in contingency.
The Retained Search Offerings
At Hargate Healthcare we are experts in the Children’s Social Care and Education sector. If you work with us on a Retained Search basis we have the resources, tools, and expertise to contact every candidate that matches your brief. This enables us to present you with a shortlist of the very best candidates on the market right now for you to choose from!
Our 20 years’ experience means we are confident in our ability to provide a successful solution to your recruitment needs!
If you’d like to know more about a Retained Search with Hargate Healthcare, please call us on 01733 977537 or email judy@hargatehealthcare.co.uk