If you’re looking to find the best health IT talent for your organization, you’ve likely considered hiring a healthcare IT recruitment firm on retainer. While it’s no secret that retained searches are costly — sometimes up to 35% of the new hire’s salary — the return on investment (ROI) on this type of search far outweighs that which you can expect from most contingent agreements, where you pay only if the recruitment firm finds a candidate to fill the position.
What is the ROI of a retained search? For starters, how about undivided attention, strategic partnership, the ability to develop a true relationship, and a commitment to filling the position, regardless of how long it takes? If you’re still on the fence, read on to learn why choosing to work with a recruitment firm on retainer just makes sense.
What You Get From a Healthcare IT Recruitment Firm on Retainer
Professional exclusivity, undivided attention. When recruiters work on contingency, they only get paid if and when they fill your position. Under that type of agreement, it’s really hard to tell just how invested the recruiter is in your success.
But when you retain a recruiter, you’re paying him or her to fully, exclusively invest their efforts in your search. In the retained agreement, the recruiter goes far beyond the traditional database search, applying all of the time, talent, money, and resources necessary to make sure they find the right fit for your organization.
A strategic partnership that cuts to the heart of your talent acquisition needs. While staffing agencies and one-off recruiters tend to seek candidates to fill a specific vacancy, a retained recruiter works to develop a bird’s eye view of your overall staffing objectives. Simply put, they recruit with an eye toward the future. A retained recruitment professional will help you visualize where you want your company to be years from now and work to fill a pipeline full of talented individuals to help you realize that vision.
Comprehensive assessment of candidates. Anyone who’s ever hired anyone knows that just because someone looks good on paper, doesn’t mean they are right for your organization. While education and credentials play a huge part in a candidate’s ability to perform job duties, their personality, needs, and desires will determine whether he or she is an asset — or a liability — to your organization.
Commitment to filling the position, regardless of the time involved. In a retained search, the recruiter works to find the best fit for your company, until that role is filled — no matter how long it takes. In all cases, the guarantee they offer on a placement will exceed that of a contingent search. So if the new employee leaves or otherwise doesn’t work out, you have peace of mind for a longer period of time.
Continuous marketing of your firm to candidates. Marketing only works if you do it. Perhaps one of the biggest benefits of choosing retained search for your talent acquisition needs is that recruiters are continually networking on your behalf and building relationships with the top talent in health IT. That means you can focus on running your organization, knowing that your recruiting efforts are in the most capable hands.
Ready to take your hospital or healthcare company to the next level? Contact 1st Solution USA today to learn more about our retained services or to get started.