Retained Search
“Performance based executive search - reduced risk, increased results.”
Traditional retained search firms have many shortcomings, namely costly up-front investment with no guarantee of timely success. Spectrum has customized our retained search process specifically around our client needs. We achieved this by creating “performance based search” which requires a percentage of the fee upon initiation of the search with the remainder due only upon successful completion. Our perspective is simple. We give individual attention and top priority to each search until the search is successfully completed.
The bottom line is no two companies are identical and neither are their search criteria. Spectrum recognizes this and has created viable alternatives to traditional retained search that give our clients flexibility and guarantee of performance. We consistently leverage our knowledge, extensive network and niche expertise. The results are tangible- superior candidates who when hired, have immediate impact on your company today and will become invaluable to your future.
| Traditional Retained Search | The Spectrum Approach |
| Full fee due regardless of success | Performance based search- percentage of fee to initiate search- remainder due only upon securing hire. |
| Compensation needs to be upwards of $100k, no matter what the urgency of the hire. | We allow clients to dictate priority and base our retainers not on arbitrary compensation numbers but on urgency. |
| Have "hands-off" companies where they are restricted from tapping into candidates or resources. | No recruiting restrictions unless specified contractually. |
| Little reporting on activity, and contacts | Extensive disclosure of contacts made, results and findings |
To discuss executive search, contact Joe Basile at 703-738-1207 or jbasile@spectrumcareers.com
