Three Methods of Executive Search

The PR job market is always changing. Depending thethen scheduled for an interview.
forces of supply and demand, one type of searchNo biographical report is filed. Usually no references
method may be better than another.are checked at this time. Sometimes work samples
Here is an overview of three methods used to recruitare sent along.
PR executives.Most of the time references are checked by either
Retainer searchthe search person or the client.
Exclusive to one search firm.Hiree retention guarantee is generally three months for
Extensive research, interview and recruiting process tonot-for-profit organization and PR agency; six months
identify potential candidates.for corporate communications department. Usually
Search person will travel wherever necessary tovalid if pre-stated conditions are met. Longer
personally meet with the candidate. Travel costs areguarantees can be negotiated with additional client
passed on to the client.concessions.
Three or four candidates are presented to the client.Costs can vary depending on whether the search
Presentation includes a credentials and backgroundwas for a not-for-profit organization; a PR agency or
report for each candidate, along with samples of work,a communications department of a corporation. Costs
letters of recommendation and completeare calculated as a fee equal to the hiree's first year
reference-check covering numerous past employers,of annual salary. Rarely are other compensatory
colleagues, editors and others.benefits included such as bonuses, perks, etc.
Search person acts as intermediary throughout theFees: Not-for-Profit: 15-20%. PR Agency: 20-25%.
process to ensure that search runs smoothly.Corporate Comms. Dept.: 25-33%.
Conditional employment guarantee generally begins atThere are no additional out-of-pocket costs to the
one year and extends sometimes two years andclient except when there are extraordinary costs in
beyond - depending on hiree level and priorconnection with the search. These costs require a prior
agreements.agreement with the client in order to be reimbursed.
Fee: usually equal to 30-35% of the hiree's first annualModified contingency search
compensation. That includes bonuses, perks (such asFull fee is paid contingent upon a person being hired.
cars, club memberships, etc.) and anything else that isTypically a portion of the fee is paid when agreement
considered part of the hiree's first year ofis signed. Some form of exclusivity is part of this
compensation.agreement. Either total exclusivity or exclusivity for a
Search person's out-of-pocket costs such asdefined period of time in which there will be only one
telephone, administrative costs, hotels, airfare, meals,designated search firm working on the assignment.
etc. that are in connection with the search are billed toAfter which, one other or others can be added.
the client in addition the standard fee for the search.Frequently the client is free to advertise, actively recruit
Payment of fee: generally paid in thirds. First one-thirdor otherwise seek referrals from colleagues even
payment is due at signing of search agreement; next iswhen an exclusivity agreement has been made with a
due thirty days later and final payment due thirty dayssearch firm.
after that.Search firm will undoubtedly spend more original
Contingency searchrecruiting hours sourcing new candidates via phone,
Fee is paid contingent upon a hire being made.database and in-person interviewing. Having an
Non-exclusive.exclusive and/or a portion of the fee up front keeps
Original research is minimal. Heavy reliance onthe search assignment high on the search person's
top-of-mind or database candidates who are either outradar screen.
of work or are still employed.In this type of search, conditions are often set that
Depending on level of individual being sought and timerequire more intensive review and interviewing of
constraints, original recruiting is done (contactingpotential candidates. Sometimes complete reference
employed individuals who may or may not havechecks are made even before a resume is submitted.
expressed prior interest in seeking another job).In some cases, close scrutiny of the candidate's
Whenever possible, potential candidates arewritten samples and portfolio is required before
interviewed in person.resume submission.
Candidates are not interviewed in person when theMany of the same elements of search procedures
client wants to meet the candidate immediately basedare evident in the Modified version as in the standard
on the strength of the candidate's resume, or, if theContingency search, only more extensive and more
candidate resides in another state or is otherwisein-depth. Conditional employment guarantees can range
unavailable. Client is made aware of situation andfrom three months to one year. In more senior level
candidate agrees or has given prior consent to meetsearches, it can be up to two years.
the client without meeting the search person first.Fees are in the same ranges as standard Contingency
Presentation to the client usually involves the e-mailingsearches with a prior agreed-upon portion of the fee
of a resume with a few comments regarding thebeing paid at the beginning of the search. Those
qualifications of the candidate in relation to the job.percentages can be one-third, one-half or two-thirds.
Most times there are no restrictions on the number ofThe balance of the fee is contingent upon someone
resumes sent by search person.being hired.
If client is interested, based on resume, candidate is