Partial Retained Search
A partial-retained search offers several benefits to both the client company and the search firm in that many of the strengths of the retained search model can be captured, while at the same time reducing the financial risks for both parties. In a partial-retained search, the fee is typically divided into two or three parts. The first portion is paid at the beginning of the search and the second and third payments are made in installments based on key search progress milestones. Usually the final installment is paid when the search has been successfully completed or on the candidate hire date. While a client company will not get all the benefits of a retained search using this model, the results are usually a lot more satisfactory than a straight contingency search. FITZGERALD RECRUITING offers customized services for specialized search assignments tailored to the needs of individual companies.