You don't need to sacrifice quality to get fast results.
One of the most overlooked reasons why retained search works is that it's quick and efficient. Unlike contingency firms, Magnet promises a specific timeframe: six weeks, tops. Knowing what to expect and dealing with people you trust is a far better use of your time than relying on, then managing, multiple contingency firms, which only creates more work for you.
In Magnet's specialty areas - Web & Applications Development, Digital Marketing, New Media, Gaming, Product Development - at the Lead, Director, VP, CIO, CTO, and CEO levels, the critical nature of recruitment does not allow for error. Whatever the position may be, if it requires any amount of strategic targeting, confidentiality or technical vetting to lure the right candidates, retaining a dedicated firm is the obvious choice.
So before you risk a bad hire, here are a few better options:
- Retained Search »
- Our most popular service proves it only takes three-to-five targeted, vetted candidates (and not a stack of resumes) to find people who will go above and beyond the job description, fit your corporate culture, and stay as long as they're welcome. Takes 6 weeks or less.
- Container Search »
- With a flat monthly fee and a timeframe of just 2-4 weeks per hire, this is the most efficient way to build a new team or staff several mid-level positions (account managers, designers, developers, project managers) at once.
- Human Resources Training »
- Have your team learn our advanced 2.0 recruitment techniques in a single day's workshop.
- Startup Fast-tracking »
- Got a genius business model but don't have the resources to hunt the executives and developers you need? Let's talk anyway.
Other headhunting firms hunt heads and fill seats, but not Magnet. We rely on in-depth research and comprehensive market penetration to locate and attract very specific people. Then we narrow it down to only the most qualified candidates who uniquely match your team's culture and communication style - no job boards, no gatekeepers, no vendor management systems as the sole means of supporting the hiring need.
We believe retained search will soon become standard recruiting practice. Already, this methodology has been applied to a variety of industries and companies, including media conglomerates, Dot Com startups, global advertising agencies, and leading New York City hedge funds.
| Phase | Goals | Timeframe |
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1. Project Scope & Strategy Meeting This meeting can happen as soon as 24 hours after you contact us. This is when you and anyone else from your team who will be part of the hiring process discuss project specifics with your Magnet recruiter. If there are people from your team who didn't have a chance to ask us questions during the initial contact, now's the time. We'll also have a few more questions for you ("Why was this role created?" "What are your Year One goals for the new hire?" Stuff like that.) |
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1 hour or less |
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2. Retained Search Proposal We give you a brief proposal outlining success metrics, timeframe and project costs. |
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Within 24 hours of strategy meeting |
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3. Retain Magnet To get things going, we require 1/3rd of our total fee (generally 33% of the new hire's projected first year salary*) as a retainer. Unlike the remaining two thirds, which is due upon the new hire's start date, this initial payment is non-refundable. |
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We're ready when you are! |
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4. Market Penetration & Research This is when we do the three very important things: research, more research, and deliver first-round candidates. |
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2-4 weeks after retainer is paid |
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5. Final Candidate Delivery It's been a few weeks and we've got a strong sense of who the front-runners are and why we like them. Now's the time to make a move. |
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6 weeks (or less) after retainer is paid. |
| Included Services | Do I need it? |
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Salary Analysis Detailed, researched account of ideal target offer range for your specific candidates. (You won't find anything like this on Salary.com). |
Best for those trying to strike the right balance between staying on budget and making sure you're competitive with what the candidate is willing to accept. |
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Salary Negotiation It's not about the money, right? Sure it is! (We'll spare you the awkwardness.) |
If it's a high profile or confidential search and you need to be extremely discreet. If you don't want to play good cop/bad cop, but getting someone you trust to as your advocate to play "third party cop" sounds nice. |
[*Note: These five steps require very little effort on your part. The search takes less than six weeks, and you don't even pay us until Phase 3. Exact project fee to be discussed during Phase 1 strategy meeting and reflected in Phase 2 proposal.]
The container search option is designed for those who want the customized focus, dedication, and confidentiality of retained search but need to fill several positions at once. It's much easier to budget, because you pay a flat monthly fee until everyone you need is hired.
At just 2-4 weeks per hire, container search is the best way to recruit mid-level talent such as Web developers, systems administrators, programmers, applications developers, mobile developers, or technical project managers.
Magnet offers one-on-one or group training for recruiters, HR personnel and/or hiring managers in the following areas:
- Understanding business requirements. (It's amazing how many recruiters and HR folk seem to have no idea what they are looking for and therefore don't know how to select vendors or manage the process)
- Educate hiring managers on writing successful position descriptions and defining objectives, interviewing techniques, building a successful team while under pressure to meet short term expectations, managing fairly and honestly, and how to recruit (it seems like many hiring managers just want to see resumes tomorrow and will work with anyone who agrees to a fee-bad idea)
- Navigating the digital universe of recruiting, including rich media, search engines
- Developing a posting and sourcing strategy without relying on 1.0 job sites
- Building a successful network using 2.0 vs adding friends and spreading yourself thin with useless connections
- Generating buzz via video, blogging, ad placement, rss, distribution lists, and social networks
- Technology 101 for non-technical recruiters, including mobile, online, software and hardware recruitment
| HR Training Service | What They'll Learn | How much? |
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Day Rate |
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$3,000 + expenses and travel (if applicable) |
Whether you're ready to go today or just have a few questions, we're here to help. To schedule a free and private consultation with a Magnet recruiter (not a sales rep), drop us a note or call us at (800) 730-8990.
We'll be in touch within 24 hours, guaranteed.
