Your customers are requesting new functionality. Or maybe your sales team needs technical expertise to help sell complex solutions. Perhaps a deadline is fast approaching for a new product launch. These are a few of the reasons our clients continue to reach out to us for recruitment help. In these instances, a “contingency” search is a fantastic search option to consider. This is the kind of search that requires no upfront fee to a client—instead they are only charged upon placement of a candidate.
agile, hit-the-ground running approach
lower client risk: no fees unless a candidate is placed
perfect to ramp up quickly for a particular push or launch
the harsh reality of a bad hire
According to the Harvard Business Review, 80% of employee turnover is the result of "bad hiring decisions." The financial cost, alone, of replacing an employee following a poor hiring decision can have a significant impact on your bottom line. How significant?
On average, It costs $7,000 to replace a salaried employee
On average, It costs $10,000 to replace a mid-level employee
On average, It costs $40,000 to replace a senior executive
“Jeff Gilbert and Kingfish not only dug into the needs of the positions we sought, but also took the time to understand our culture before executing a search. During that time, Jeff acted as a partner by advising us on the talent landscape and working hard to find the right fit as it relates to our life cycle.”
You know those clutch positions that truly transform a business? A strategic lead, an executive, or a business lead that breathes new life into the ways things work—inspiring staff and moving the company forward. These types of hires can require a more strategic type of recruitment. This is where “retained” search comes in.
In a retained search, Kingfish performs deeper dive to identify the client’s true company character. Every business is different—and we delight in ascertaining each client’s unique DNA. What sets them apart, their goals, their vision, their company culture. For an upfront fee, Kingfish would run an exclusive search to find, screen and recruit top talent to match the position, business and culture. This may be talent that already exists in Kingfish’s candidate cadre. Or perhaps there’s a candidate employed elsewhere looking for an exciting change, for the right position.
A STRATEGIC SEARCH FOR PIVOTAL COMPANY POSITIONS
A DEDICATED SEARCH—KINGFISH WOULD MOBILIZE RESOURCES TO DIG DEEP TO FIND THE RIGHT TALENT
GOOD FOR LONGER TERM, STRATEGIC PARTNERSHIPS
In our 20+ years, we’ve met a few people. And we’ve met some top-shelf talent who are contractors. Individuals who aren’t interested in full-time positions—but who bring incredible expertise to the table for particular programs. We’ve placed contractors for some projects that run several months. Some for several years. This can be a wonderful option for businesses looking for temporary guidance in a specific niche, or perhaps a pinch-hitter that’s very intimate with a particular development language. Typically, our bank of consultants are high-level, focused individuals who can step in for a short term as-needed.
TOTAL NUMBER OF “TEMPORARY
HELP SERVICES” CONTRACTORS
IN THE U.S.
Source: U.S. Bureau of Labor Statics &