Benefits of Retained Search Firms

Benefits of Retained Search Firms

Some companies believe that more recruiters searching for your talent equates to greater market coverage. But in the staffing world, quantity doesn’t equal quality. Retained search firms have demonstrated fill rates near and far above 90 percent. Contingent recruiting firms often have fill rates of less than 35%.

Why such a huge difference in fill rate? One reason is because retained search firms like Risch Results are 100 percent sure they will find the right person. We commit to our client that we will not stop a search until we have found a candidate they are happy with. At our firm, the only reason a recruiter would stop a search is if our client’s business need changes or if the client finds a candidate through a referral. A contingent recruiter isn’t going to work as hard since the odds of filling the position are dependent on how many recruiting firms the client has asked to work on the open position.

Retained Firms Search Deeper

Retained firms do more than consult a database. They conduct a deep dive into the market across information channels to find the potential right candidates. This comprehensive search may entail looking at candidates who’ve worked in non-traditional settings, or prioritizing a candidate’s natural or unique talents. Retained search firms can take this methodical, comprehensive approach because they aren’t worried about just getting a positioned filled so they can get paid.

While the reasons employees leave their positions makes for a long list, research shows that at the very top is cultural fit.

Retained search firms will undertake an in-depth search and interview process to focus on identifying a cultural fit. The greater the criteria, the fewer the candidates.

Retained search firms know that by understanding work dynamics and company culture, they can narrow the search to discover candidates who will not only succeed in the position — but also have the best chance of staying in it.

To find the great talent that fits both in skills and company culture, using a better search firm matters.

Risch Results

Interested in learning more about our unique search and screening process? Call us today at 972-839-9447. Let us help you find your next best employee!

By | November 19th, 2018|

About the Author:

Jolene Risch, the Founder and President of Risch Results expertise is built on a solid foundation of education and experience. Jolene has a B.A. in Sociology from Brandeis University and an M.A. in Organizational Psychology from Columbia University. Jolene has been in practice for over 17 years. Her professional experience includes six years in the People Effectiveness Practice at Ernst & Young Consulting where she was recognized for her uncanny ability to create unique solutions for process consulting, staffing, performance, and learning management. Jolene has worked with small and medium size companies operating in Dallas, New York, Chicago, and San Francisco as well as other major U.S. cities. She has experience across multiple industries including Banking, Financial, Manufacturing and Energy. Her hires include disciplines ranging from Chief Financial Officers and Management to Administrative roles. Despite the growth of her company from Risch-Minsky Consulting, now Risch Results, Jolene acts as the head contact for all projects and works directly with clients. Jolene prides her team on the ability to understand the unique nuances of each company culture, growth plan and need. Risch Results is committed to finding the best fit. Jolene’s approach to hiring is that the job is not over when the position is filled. Jolene is invested in the companies with whom she works and is available to be a resource that is involved in development, organizational challenges and retention.