What is Performance based Search?
Performance Based Search is a value-based recruiting model, comprised of a cost-effective project rate and invoicing schedule to engage our services and begin the candidate search process, with the final payment due when the hired candidate starts. The project rate and invoicing schedule creates a mutual partnership and commitment to fill your open position, and it gives both of us an incentive to succeed. This is the performance driver that ensures the dedication, focus and accountability to produce results.
Performance Based Search, is a cost friendly and compelling alternative to traditional contingency or retainer placement fees of 20 – 30%. In comparison, through a Performance Based Search, we attract, engage and recruit all-star talent that fits your unique culture at a fraction of the cost and save you thousands, compared to traditional search fees.
Why Performance Based Search?
When you need to hire critical talent, instead of settling for a contingent search firm there are a few crucial factors to consider when selecting a recruitment search firm:
- How dedicated are they to find the right candidate, that also fits your unique culture?
- What is their accountability to produce results?
- What level of service do they provide?
- How much do their services cost and do they provide value?
After you’ve given this some careful consideration, Performance Based Search is your best choice to fill your open position because it's a cost effective, performance driven recruitment search model with a higher level of service and a mutual partnership commitment to fill your open position. These are all critical factors in a successful candidate search that also increases the recruitment search firm’s accountability and dedication to present top candidates and solve your hiring initiatives. Also, in a Performance Based Search, you’re partnering with a consultative recruitment professional with niche industry expertise and the proficiency to find the right talent for your company with the required experience, skills and culture values, so you and your stakeholders don’t waste valuable time reviewing unqualified candidates.
In contrast, a contingency search firm typically is not fully dedicated to your candidate search and they're not accountable to produce results because there isn't a mutual partnership commitment to fill your open position and investment between your company and the recruitment search firm. As a result, most contingent recruiters will shop resumes that haven’t been thoroughly screened to their clients and they'll usually submit the same candidate to as many companies as possible hoping something sticks. This is a conflict of interest for your hiring objectives and delays your goal to hire the best candidate as soon as possible.
The bottom line: When you need to hire critical talent, there’s a lot at stake; your company’s direction, your reputation and profitability. This means the job of filling your open position should be done right. Recruiting top talent for an open position shouldn’t be taken lightly and you can’t expect a positive outcome with the results you require unless you commit to a Performance Based Search recruitment model that creates a mutual partnership with dedicated service and accountability to fill your open position.
- Are you a start-up, with no dedicated in-house resources to recruit top talent?
- Are you in a growth spurt and need of a steady flow of on target candidates?
- Are you tired of paying excessive recruiting fees?
- Are you having a difficult time recruiting key talent?
- Would you like to partner with a dedicated search professional that provides superior results and exceptional service at reasonable rate?
Big Picture Consulting has you covered and will find culturally aligned talent for your critical open positions.