Long Bay Associates

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Retained Searches offered by Long Bay Associates

Retained Search

Our Retained executive searches are conducted in a comprehensive, sensitive and confidential manner and are especially critical when the assignment is to replace an existing executive or implement a strategic change without alerting the marketplace. With retained executive search, we offer selective recruiting techniques that identify candidates who would not respond to traditional recruiting methods. By approaching, and evaluating candidates based on your specific selection criteria, a retained search can identify candidates with the skills, experience, temperament and values you require. Another difference has to do with exclusivity. Retained search consultants spend a lot of time sourcing candidates who are happy and stable with their employers and not actively seeking other employment. Several qualified candidates are submitted to the client for interviews along with detailed interview notes of the candidate's background Screened candidates are personally interviewed by the consultant to determine suitability and interest. They evaluate candidates for a particular client and will never present candidates to more than one client at a time. Therefore, the client will almost never find himself in a bidding competition for a desirable candidate. The consultant conducts references checks from formal and informal sources. The consultant advises on a job offer and mediates acceptance by the candidate. Afterward, the consultant will stay in touch with the candidate to ensure an smooth transition.

Benefits of a Retained Search Exclusivity of candidates: You have exclusive, first right of refusal on all candidates sourced per the retained agreement. In a contingent search, you are not guaranteed that a firm will not engage the candidate for multiple clients.

Competitive Intelligence: For each search, we will provide you with bi-weekly reports on candidates sourced, candidates contacted, status, etc. In addition, we will provide you with reports of any industry trends/information.

Commitment to filling the position: With retained search, we will continue the search until it is filled with the right leader. This means our commitment to being effective and open with our client partner goes far beyond the basic understanding of human capital. It means we understand and become a part of your business strategy and astuteness.