Retained Search Proposal Template
What is Retained Search Proposal Template?
A retained search proposal template is a pre-designed document that outlines the terms and conditions of a retained search agreement between a recruiting firm and a client. It serves as a blueprint for guiding the recruitment process and ensuring that both parties are aligned on the objectives, timelines, and fees involved in the search.
What are the types of Retained Search Proposal Templates?
Retained Search Proposal Templates can vary depending on the industry and specific needs of the client. Some common types include:
Executive level retained search proposal templates
Technical retained search proposal templates
Sales retained search proposal templates
Medical retained search proposal templates
How to complete Retained Search Proposal Template
Completing a retained search proposal template is a straightforward process. Here are the steps to follow:
01
Review the template: Familiarize yourself with the structure and content of the template.
02
Customize the details: Fill in your company's information, such as name, address, and contact details.
03
Define the scope of the search: Clearly outline the position you are searching for and the qualifications required.
04
Specify deliverables: List the expected outcomes and deliverables of the search process.
05
Agree on timelines: Set realistic timelines for each stage of the search process.
06
Discuss fees: Clearly communicate the fee structure and payment terms.
07
Review and finalize: Carefully review the completed template, make any necessary revisions, and ensure all parties are in agreement.
08
Sign and share: Once finalized, sign the proposal and share it with the client for their review and approval.
pdfFiller empowers users to create, edit, and share documents online. Offering unlimited fillable templates and powerful editing tools, pdfFiller is the only PDF editor users need to get their documents done.
Thousands of positive reviews can’t be wrong
Read more or give pdfFiller a try to experience the benefits for yourself
Questions & answers
What is the difference between contingent and retained search?
The difference between the two is simple. In retained search, the recruiter is paid an upfront or scheduled fee to work on an exclusive basis, meaning they will be dedicated to work on the search. In contrast, contingency recruitment works on what would be best described as a 'no win, no fee basis' or 'success fee'.
What does retained search mean in recruiting?
Retained search is all about delivering results and guaranteeing that you get the talent you need. Retained search does involve an up-front fee and can have higher overall pricing. For this reason, retained search is often associated with senior-level positions, such as board members and CEOs.
What is a retained search agreement?
Retained Search: Retained search is an agreement whereby an employer contracts exclusively with one recruiter to find a highly qualified candidate to fill an open management role. Contingent Search: Contingency recruiting is not an exclusive agreement.
What is a retained search in recruiting?
Working on a retained basis means the recruiter will charge an upfront fee to the client to conduct a search. They will operate on an exclusive basis meaning the job will only be filled through this recruitment company.
Why use a retained search firm?
The benefits of using a retained search firm: By leaning on their expert knowledge of the marketplace, these firms are experts at targeting and engaging with top-performing leadership talent employed by key competitors. The firm will assign a dedicated team committed to fulfilling the client's hiring needs.
What is the difference between executive search and retained search?
Contingency recruiters are paid at the conclusion of the search process, when the client decides to hire one of the recruiter's proposed candidates. Retained executive search firms charge a consulting fee—paid as a monthly retainer—based on the scope, size, and estimated duration of the search process.
How do retained search firms work?
A retained executive search means the recruiter or headhunters charges an upfront sum in order to carry out the executive search. Additionally, retained recruiters operate on an exclusive basis, which means the job is exclusive to that specific retained executive search firm.
How do you pitch a retained search?
Here is my favourite line of questioning before I pitch retained search: The person How are they getting on? Do they like what they do? The Business What's going on? Talent Acquisition in general 'How is it going? ' Easy/tough. Current talent acquisition needs What do they need? Have they hired someone like this before?
Related templates
