Selling Retained Search
How to position and win retained search engagements
The Core Principle
"Retained search is financial commitment from a client which allows us to apply a robust process, mitigating against all of the things that can go wrong, giving us as near as damn it, a guaranteed fill. And that is what the client buys."
The Staircase of Relationships
Your ultimate goal is to move from transactional supplier to strategic partner:
Long-term talent acquisition strategy
Critical, senior, niche, multiple hires
Reliable for straightforward positions
One-off vacancy filling
Contingent recruitment serves the transactional, operational people lower in the organization. Retained search solutions solve problems felt higher up in the organization. This naturally escalates your relationships.
When to Introduce Retained Search
The Trigger Situations
Retained search is the right solution when:
- Senior positions - Critical to get the right candidate
- Urgent hires - 100% focus required, no time for spray and pray
- Failed contingent - Position has been open too long
- Difficult location - Needs attraction strategy and headhunting further afield
- Niche skill set - Small, precise talent pool you can't afford to mishandle
- Multiple hires - One or two is easy; three, four, five+ is really tough
- Confidential searches - Can't advertise or be transparent about the role
- Critical/time-sensitive - Business depends on this hire
When NOT to Sell Retained
- Easy to fill, straightforward hires - "No need to use a sledgehammer to crack a walnut"
- Impossible positions with uncommitted clients - Won't flex parameters, won't commit to process
- Pleasant contingent relationship working fine - If their current method works, don't force change
The Qualifying Conversation
What You're Really Selling
"When you go to or speak to a client who's looking for CVs from you as an agency, what are you actually selling? You're not actually asking the client to part with any money. You're actually saying you'd really like to send CVs for free."
Retained search is different: you're asking them to part with money before you've delivered the service.
The Critical Qualifier: Find the Pain
"Clients are very unlikely to part with a large sum of money in advance or do anything differently at all if the way they are currently working or have worked before normally goes really well for them."
Your objective: Secure a meeting where you diagnose if a retained solution is necessary.
Key Questions to Ask
- "How do you normally go about talent acquisition?"
- "How does it normally go for you?"
- "What methods do you use?"
- "What challenges have you faced or are you facing?"
- "Are you happy with the service your other suppliers are providing?"
- "Is the way they're working working for you?"
- "Is the position still empty after working with other agencies?"
The Pitch Framework
Opening (After Building Rapport & Identifying Pain)
"So that is so interesting and it's really exciting to hear the plans that you have for this year. Let me just reassure you that you're not alone. The market is more and more difficult for talent. Many of our clients are facing the same challenges, but I want to reassure you that I absolutely can help you and I'd love to share my thoughts on how, if that's okay."
Introducing Your Services (The Three Tiers)
"For permanent hiring, we work with our clients in three different ways: For easy to fill, everyday, straightforward hires, we offer a contingent recruitment service. You'll be familiar with this. It's a no-win, no-fee service. It's often in conjunction with other suppliers and there's no commitment on either side. And it works relatively well for straightforward positions. However, when things start to get a bit more challenging - whether it's a difficult location, a niche skill set, a critical hire, or for senior, confidential, urgent or multiple hires - we apply a search methodology. Retained search is our headhunting service. With some of our clients, we operate as an extension of, or in place of, their internal talent acquisition team, either for the duration of a period of growth or on a long-term ongoing basis."
The Core Value Proposition
"Basically, some financial commitment from you enables me to apply a robust search process and importantly, to commit to working with you until the position is filled."
The Commitment Ask
"This is a critical/senior hire and it's absolutely imperative that we get this right. I'd like to work with you on a retained basis to make absolutely sure we source, engage and secure the best of the talent for this appointment."
Walk Them Through the Process
"I'd like to walk you through how we'd like to do that. Essentially it's best practice headhunting. You might be familiar with executive search - it's the same principle, but we're having to apply these kinds of sophisticated techniques at all levels now to make sure we reach a result."
The Process Overview
The Promise
"At the end of the process, you will be absolutely confident that you are making your hire from all of the talent available to you in the market at this time."
Using Social Proof
"We've recently worked with a client in a very similar situation. This was who they were, this was their challenge, this was what we did, and this was the outcome. And the client was so happy he then went on to instruct us to make a number of subordinate appointments in the same team." "So I'm absolutely confident in my ability to achieve a superb result on this project. Will you let me demonstrate the effectiveness of working in this way? Let me work with you on this assignment."
Who to Target (Priority Order)
- Current jobs with existing clients - Lowest hanging fruit
- Existing stakeholders at companies you've worked with - Already have confidence in you
- Lapsed/older clients - Some history and connection
- Links through competitors, suppliers, peers of existing clients
- New business - Only companies facing the specific challenges retained search solves
Once you win and deliver one project, it gives you confidence to win more. Focus on winning the first one.
Key Statistics to Remember
Objection Handling
How to overcome the 10 most common objections
The Foundation: Pain Is Everything
"The key to being able to handle this objection is to have identified pain with their current talent acquisition service."
Before handling any objection, you must have:
- Built credibility and rapport
- Questioned them about their business and talent acquisition
- Understood how they normally go about hiring
- Crucially: Discovered how it normally goes for them and what challenges they face
Without identified pain, objection handling becomes a battle. With it, you're simply solving their problem.
Objection 1: "How much does it cost?"
Response A: Premium Positioning
"Sure, the typical cost for this solution is slightly higher than a contingent service because there's more work, more time and resources involved. It typically carries a fee of 30% and we break it down into three stages: • The first, payable on commencement of the assignment • The second, on confirmation of agreed shortlist • The balance paid on acceptance of offer However, for this first project, in order for us to have the opportunity to demonstrate the effectiveness of this approach, we're willing to carry the project out for the same as our current contingent fee."
Response B: No Additional Cost
"The beauty of this is that it carries no additional cost. The only difference is the payment schedule. A third of the fee is payable on commencement of the assignment and the balance on completion."
Objection 2: "All the other agencies work contingent. Why should I pay you up front?"
"Look, if you're happy with the service that your other suppliers are providing, and the way that they're working is working for you, then there's no need. I don't see any need for you to do anything different. I'm not looking to interfere with the process if you're happy with it and it's working for you. But my understanding is that you're frustrated with the poor quality CVs that you're receiving... or the lack of candidates coming through... or that the position is still empty. And this is the way to solve that." [Then close]: "I'd like the opportunity to show you. Can we trial it on this project so I can show you how much better it is working in this way?"
Objection 3: "What if you don't fill the position?"
"The commitment on this service is mutual. We work with you until the position is filled. We might face challenges - if there's a shortage of skills, it might be tough - but we're committed to you and we'll work with you to re-steer the project accordingly until we reach a result." [Add confidence]: "We haven't failed on a retained basis yet and I don't want this to be the first. If I didn't feel absolutely certain of my ability to fill this position, I would not be recommending that this is what we do." [Then close]: "So can I have the opportunity to show you? I'd really like to demonstrate the effectiveness of this approach."
Objection 4: Client is Uneasy or Uncomfortable
The Risk-Reversal Response
"Listen, how about for this first project, in order for us to have the opportunity to demonstrate the effectiveness of this approach, I'm happy to work on a reimbursable basis for the first two weeks. If on completion of the second steering call you're not satisfied with the progress of the project, we'll cease work and we'll reimburse the commencement fee. Does that sound reasonable?"
Objection 5: "We've always done it contingent"
The Iceberg Analogy
"Only 30% of any given talent pool is active - like 30% of an iceberg above water. These are candidates who will apply to an advert, reply to a LinkedIn message, reply to an email. On a contingent basis with limited time to risk, every recruiter typically only engages with that visible 30-40% of the talent. Unfortunately, 60-70% of the talent pool goes unspoken to."
The House For Sale Analogy
"Imagine you drive past a house and there are multiple 'For Sale' signs outside. What does that make you think? What perception do you have of that house? And that's exactly what happens when you have two, three or four different agencies working on the same assignment."
The Grading System Reality
"Every contingent recruiter has a grading system to prioritize jobs. Jobs with competition, niche skills, or challenging locations go down the priority list. By sharing a role between multiple agencies, what you think you're doing is duplicating efforts. What you're actually doing is diluting the effort you get from each and every recruiter."
Objection 6: "We just want to see more candidates"
The Prevention (Built Into the Process)
"I liken this to a maths exam, where you get one point for the answer and nine points for the working out. How often do you show a client what you actually do? You might present them with three CVs, but do they know that you've reached out to 80 people, that you've spoken to 10 that aren't right, 25 that aren't interested, six that have changed their mind partway through? And those three are a result of all of that work and effort. Do you think they'd still ask you for more candidates if they had that information?"
The Response (If It Still Comes Up)
"The whole process has been transparent. I've shared with you every week our progress, showing every candidate identified, every candidate approached, all the candidates who have said no and the reasons why. At the end of the process, you can be absolutely confident that you are making your hire from all of the talent available to you in the market at this time."
Objection 7: "It's too expensive"
"The typical cost is slightly higher than a contingent service because there's more work, more time and resources involved. But consider this: on a contingent basis, you're likely only reaching 30-40% of the talent pool. That position has been open for how long? What is that costing you?" [First Project Offer]: "For this first project, in order for us to have the opportunity to demonstrate the effectiveness of this approach, we're willing to carry the project out for the same as our current contingent fee. There's no additional cost - just a different payment schedule."
Objection 8: "We've tried retained before and it didn't work"
First, explore: "I'm sorry to hear that. Can you tell me more about what happened?"
If They Didn't Get Results
"That's exactly why our process includes regular steering meetings. We work with you transparently, sharing our workings weekly. If we face challenges, we re-steer the search accordingly. We never go dark on you."
If the Consultant Disappeared
"That's a failure of process and commitment. Our approach is different - we have scheduled weekly calls, transparent reporting showing every candidate, and we're committed to working with you until the position is filled. The commitment is mutual."
Objection 9: "We need to think about it"
"I completely understand. What specifically would you like to think through? Is there anything I can help clarify?" [If they need internal approval]: "Who else would need to be involved in this decision? Would it be helpful if I joined a call to walk them through the process and answer their questions directly?"
Objection 10: "Just send us some CVs first"
"I appreciate that, but the reason I'm recommending a retained approach for this particular position is precisely because sending CVs contingently is unlikely to get you the result you need. [Reference the pain you identified]: You mentioned the position has been open for some time / you've struggled to find the right caliber / other agencies haven't delivered. That's because the contingent model can't reach the passive 60-70% of the market who won't respond to standard approaches. What I'm proposing is a thorough search that will identify, approach, and engage every suitable candidate - including those who aren't actively looking. The financial commitment enables me to invest the time to do that properly."
The Master Framework for Any Objection
Key Phrases to Keep Ready
| Situation | Phrase |
|---|---|
| On Commitment | "The commitment on this service is mutual." |
| On Confidence | "I wouldn't be recommending this approach if I didn't feel absolutely certain of my ability to fill this position." |
| On First Projects | "Let me demonstrate the effectiveness of working this way." |
| On Pain | "But my understanding is that..." |
| On Competition | "I'm not looking to interfere with the process if you're happy with it and it's working for you." |
Pricing & Engagement
Fee structures, payment schedules, and negotiation strategies
The Foundation: Why Clients Pay
"Retained search is financial commitment from a client which allows us to apply a robust process, mitigating against all of the things that can go wrong, giving us as near as damn it, a guaranteed fill. And that is what the client buys."
The client isn't paying for CVs. They're paying for:
- Commitment to reach a result
- Access to the full 100% of the talent pool
- A thorough, transparent process
- The certainty of making a hire
Standard Fee Structures
The Industry Standard
"It typically carries a fee of 30% and we break it down into three stages... The fees are always between 30 and 33 percent. They kind of expect that. So there's no - I can't remember the last time they actually negotiated on a fee."
The Three-Stage Payment Structure
| Stage | When | Amount | Purpose |
|---|---|---|---|
| Commencement | On signing/kickoff | 1/3 of total | Commits both parties, enables work to begin |
| Shortlist | On confirmation of agreed shortlist | 1/3 of total | Recognizes research and sourcing completed |
| Completion | On acceptance of offer | 1/3 (balance) | Final payment on successful placement |
Fee Basis: Base vs. Total Compensation
"Depending on whether it's a one-off search, if the client has the capability of being kind of a long-term client with multiple c-suite hires, or if it's kind of a multi-hire campaign, will then be flexible on whether it's base or total compensation... I'd say probably the majority are on total comp."
Total Compensation includes:
- Base salary
- Guaranteed bonus
- Sign-on bonus (if applicable)
- Equity (sometimes)
Always start at 33% on total comp, be willing to flex if needed.
How to Present Pricing
Option A: Premium Positioning
"Sure, the typical cost for this solution is slightly higher than a contingent service because there's more work, more time and resources involved. It typically carries a fee of 30% and we break it down into three stages: • The first, payable on commencement of the assignment • The second, on confirmation of agreed shortlist • The balance paid on acceptance of offer" Then offer flexibility for first project: "However, for this first project, in order for us to have the opportunity to demonstrate the effectiveness of this approach, we're willing to carry the project out for the same as our current contingent fee."
Option B: No Additional Cost Positioning
"The beauty of this is that it carries no additional cost. The only difference is the payment schedule. A third of the fee is payable on commencement of the assignment and the balance on completion."
First Project Strategies
Strategy 1: Same Fee, Different Structure
Keep total fee at contingent rate, just restructure payment:
"I'm not asking for any more money, just a small portion of the fee paid on commencement to make sure I can be certain we can apply our time and resources to ensure we reach a result on the project." Example: • Contingent fee: 20% on completion • Retained structure: 7% commencement + 13% completion • Total: Still 20%
Strategy 2: Demonstrate Value First
"For this first project, in order for us to have the opportunity to demonstrate the effectiveness of this approach, we're willing to carry the project out for the same as our current contingent fee."
The Logic: Once they experience the difference, future projects can be at full retained rates.
Strategy 3: Risk Reversal
"Listen, how about for this first project, in order for us to have the opportunity to demonstrate the effectiveness of this approach, I'm happy to work on a reimbursable basis for the first two weeks. If on completion of the second steering call you're not satisfied with the progress of the project, we'll cease work and we'll reimburse the commencement fee. Does that sound reasonable?"
Multi-Hire Campaigns
"When working with clients through a period of growth, or who have several hires to make, we apply the same principle to multiple hire campaigns that can offer economy of scale for larger projects."
Pricing Approaches for Volume
| Volume | Typical Fee |
|---|---|
| 1 hire | 30% |
| 2-3 hires | 28% |
| 4+ hires | 25% |
Can also structure as:
- Blended Rate: Single fee for the campaign, retainer structure across all hires
- Monthly Retainer: Operating as extension of their internal TA team
Handling Price Negotiation
If They Push on Percentage
Don't immediately discount. Instead:
- Reiterate value: "This fee enables us to..."
- Reference the alternative: "The contingent model reaches only 30-40% of candidates..."
- Offer structure flexibility: Adjust payment timing rather than total fee
- Offer first-project discount: "For this first project..."
What You Can Flex
| More Flexible | Less Flexible |
|---|---|
| Payment timing | Total fee % |
| First project rate | Base methodology |
| Structure (2 vs 3 payments) | Commitment level |
| Base vs total comp | Quality of service |
What's Included in the Fee
When to Walk Away
"If the need from the client is there, the willingness to flex the parameters and eventually find a solution together is there. Which, after all, is what the retained search process is all about. But if the client is unpleasant, has expectations that are impossible to manage, or they will not commit to the full process - then that spells trouble. That's when you say no and walk away."
- Won't pay any commencement fee
- Won't commit to regular steering calls
- Has unrealistic expectations and won't flex
- Multiple decision-makers who won't align
- History of bad behavior with agencies
Key Numbers to Remember
Headhunting Methodology
How to reach and engage passive candidates
The Fundamental Problem
"Only 30% of any given talent pool is active, in much the same way that 30% of an iceberg is above the water. This 30% are candidates who will apply to an advert, they'll reply to a LinkedIn message, they'll reply to an email. On a contingent basis with limited time to risk, you and every other recruiter typically engages with that visible 30-40% of the talent."
The reality: 60-70% of the talent pool goes unspoken to because they haven't responded to initial approaches.
This playbook is about reaching the other 60-70%.
Why Passive Candidates Don't Respond
"I wouldn't respond to an email. I wouldn't respond to a LinkedIn message. I'm quite happy doing what I'm doing. I definitely wouldn't respond to a WhatsApp or a Facebook message."
Standard recruitment approaches only reach active candidates. Passive candidates ignore these because:
- They're not looking
- They receive dozens of generic messages
- They don't know you
- There's no compelling reason to respond
The Key Difference: Direct Headhunting
"But if I received a proper headhunt call from an executive search consultant who had been commissioned to target me, then I would talk to them."
Making proper headhunt calls is often the difference between getting the candidate and not. Most contingent recruiters think "headhunting" means LinkedIn messaging. They rarely call candidates on the phone at work.
The Approach Hierarchy
| Level | Approach | Reaches | Response Rate |
|---|---|---|---|
| Level 1 | Spray and Pray (job ads, mass InMails) | Active 30-40% | Low |
| Level 2 | Targeted Digital (personalized messages) | Active + curious passives | Moderate |
| Level 3 | Direct Headhunting (phone calls + multi-channel) | Full 100% | Highest |
The Omni-Channel Approach
"We basically take that omni-channel approach and we hit them up on email. We hit them up on LinkedIn. We'll cold call them. We use a variety of different technologies that automate these processes as well... we usually try and have 5-7 touch points per contact."
The 5-7 Touch Point Sequence
Touch 1: LinkedIn Connection Request (Day 1)
Hi [Name], I'm conducting a confidential search for a [Level] [Function] role and came across your impressive background at [Company]. I'd appreciate the opportunity to connect and share some brief details about this opportunity.
Touch 2: Direct Email (Day 1-2)
Subject: Confidential [Level] opportunity - [Industry] Hi [Name], I'm working on a confidential search for a [Level] [Function] position with a [company type] and your background caught my attention. Given your experience in [specific area], I thought this might be worth a brief conversation. Would you be open to a 15-minute call to learn more? Best regards, [Your name] [Title] [Phone]
Touch 3: The Phone Call - The Differentiator (Day 2-3)
See detailed phone scripts below.
Touch 4: LinkedIn Follow-up (Day 5-7)
Hi [Name], I tried reaching you by phone regarding a confidential [Level] search. If you have 5 minutes for a brief call, I'd appreciate the opportunity to share some details. My direct line is [number].
Touch 5: Email Follow-up (Day 10-12)
Hi [Name], I know you're busy, so I'll keep this brief. The search I mentioned is for a [specific detail that might intrigue them]. Even if you're not personally interested, you might know someone who would be perfect for this. Happy to have a quick chat at your convenience.
Touch 6: Value-Add Approach (Day 15-18)
Hi [Name], Thought this industry insight might be of interest [attach relevant article/data]. By the way, the search I mentioned earlier is still ongoing. Happy to share more details if you have 10 minutes this week.
Touch 7: Final Attempt (Day 20-25)
Hi [Name], This will be my final note about the [Level] opportunity I mentioned. If it's not the right timing, I completely understand. If you'd like to stay connected for future opportunities, please feel free to connect with me on LinkedIn. Best of luck with your current role.
The Phone Headhunt: Master Class
Pre-Call Preparation
Before calling, know:
- Their full career history
- Why they might be a fit
- What might attract them to move
- The EVP (Employee Value Proposition)
- Potential objections they might raise
Opening Scripts
Option 1: Commission-Based Opening
"Hi [Name], this is [Your Name] from [Company]. I've been commissioned to conduct a search for [brief role description] and your background came up as potentially relevant. Do you have a moment?"
Option 2: Specific Background Reference
"Hi [Name], I'm an executive search consultant and I've been specifically asked to reach out to you about a [level] position with [industry context]. Is now a good time for a brief conversation?"
What Makes This Different
Notice the language:
- "Commissioned to conduct a search" - You're working FOR someone
- "Your background came up" - They were specifically targeted
- "Specifically asked to reach out to you" - They were chosen
This is NOT:
- "I saw your profile and thought..."
- "I have an exciting opportunity..."
- "Are you looking for new opportunities?"
The Conversation Framework
- Confirm Relevance (30 seconds) - "Just to make sure I have the right person - you're currently [role] at [company], correct?"
- Create Intrigue (60 seconds) - Give enough context to be interesting without giving everything away
- Check Interest - "Is this something you'd be open to exploring further, even if just to understand more about it?"
- If Yes: Schedule proper conversation
- If Unsure: Offer low-commitment next step
- If No: Leave door open + ask for referrals
Handling "I'm Not Looking"
Most passive candidates will say this. It's not a rejection - it's expected.
Response Options
Option 1 - Reframe: "I wouldn't expect you to be - that's exactly why I called you directly rather than posting this on job boards. The best people rarely are looking. I'm just asking if you'd be open to hearing about it." Option 2 - Acknowledge + Intrigue: "That's completely fair. I'm not trying to convince you to leave your job. But this is a [unique aspect] opportunity and I'd hate for you to miss knowing about it. Can I give you a 2-minute overview?" Option 3 - Plant the Seed: "Understood. Things change though - would you be open to connecting on LinkedIn so if your situation changes, we can chat then?"
Referral Mining
Every conversation is an opportunity:
- Direct Ask: "Is there anyone you know who might be perfect for something like this?"
- Industry Intel: "Who do you think are the best [Function] people in [Industry] right now?"
- Company-Specific: "Are there any really strong [Function] people at [Target Company] I should be speaking to?"
- Future Approach: "If you were hiring for this role, who would be the first person you'd call?"
Expected Response Rates
Daily Activity Targets
| Activity | Target |
|---|---|
| Phone call attempts | 20-30 per day |
| Emails sent | 15-20 per day |
| LinkedIn messages | 10-15 per day |
| Conversations held | 5-10 per day |
| QIA candidates developed | 1-2 per week |
The QIA Framework
Before presenting any candidate to client, they must be:
Scripts & Templates
Ready-to-use scripts for every BD situation
Converting Existing Contingent Clients
For Great Existing Clients
"We want to be able to continue to provide a great service to you and develop our relationship to a true partnership, which is why we are evolving the way that we work."
The Simple Conversion (Same Fee, Different Structure)
"Yes I can absolutely help you with that and I really want to help you. But in order for me to apply the time and effort necessary to make sure we reach a result on this project, I'm going to need some financial commitment from you. I'm not asking for any more money, just a small portion of the fee paid on commencement to make sure I can be certain we can apply our time and resources to ensure we reach a result on the project."
For Poor Existing Clients
"We don't want to carry on providing a substandard service to them and we want to demonstrate the effectiveness of working in true partnership."
The Process Walk-Through Script
"I'd like to walk you through how we'd like to do that. Essentially it's best practice headhunting. You might be familiar with executive search - it's the same principle, but we're having to apply these kinds of sophisticated techniques at all levels now to make sure we reach a result. First, we'd hold a full briefing session involving all stakeholders to define and agree the full role profile, functional and behavioral competencies, geography, target companies and any off-limits, timeline and process, and EVP - what message are we taking to this talent pool. Then we enter the research phase, where we essentially cast a net over the talent pool and identify every candidate across the geographical location who looks to have the right skill set to meet the criteria. We then systematically and professionally approach every single candidate using multiple methods, including direct but professional headhunting. The whole process is transparent. We share with you every week our progress, a spreadsheet showing every candidate. We can collect whatever data you would like - salaries, benefits, bonuses, the perception of your brand in the market. If we're faced with a challenge, we work with you to re-steer the search accordingly. Ultimately a long list of candidates emerge who are what we call QIA - qualified against the criteria, interested in the opportunity, and have been assessed against the brief, both functionally and behaviourally. From this long list, we will jointly agree a shortlist of between three and five for you to interview. At the end of the process, you will be absolutely confident that you are making your hire from all of the talent available to you in the market at this time."
Cold Outreach Email Templates
Initial BD Email - Pain-Focused
Subject: Quick question about your [Function] hiring Hi [Name], I work with [industry] companies facing challenges hiring senior [function] talent - particularly when traditional recruitment methods keep returning the same pool of active candidates. I'm curious: how has your experience been hiring at the [level] in the past 12 months? I'm not looking to pitch anything - just genuinely interested in understanding how companies like yours are navigating the current talent landscape. Would you be open to a brief call? Best, [Your name]
Follow-Up Email - Value Add
Subject: Re: Quick question about your [Function] hiring Hi [Name], I know you're busy, so I'll keep this brief. I recently helped [similar company type] fill a [similar role] that had been open for 6 months. They'd tried three agencies on contingent - none could reach the caliber of candidate they needed. Using a retained search approach, we identified and engaged passive candidates they never would have found through traditional channels. Result: hired within 8 weeks. If you're ever facing a similar challenge with a critical hire, I'd welcome the chance to share how this approach might work for you. Best, [Your name]
Sample Pricing Conversation Script
Client: "So how does this work financially?" You: "The fee for this assignment would be [30%] of the successful candidate's first year compensation. We structure it in three stages to align with the key milestones of the search: The first third is payable on commencement - this is your commitment to the search and enables us to dedicate full resources from day one. The second third is payable when we present the agreed shortlist of three to five qualified, interested, and assessed candidates. The final third is payable when your chosen candidate accepts the offer. For a position at this level, we'd estimate a fee of approximately [£X], though we'll reconcile against the actual accepted salary at completion. Given this is our first project together, I want to make it easy for you to experience how much more effective this approach is. So for this assignment, I'm happy to [offer/flexibility option]. Does that work for you?"
Closing Scripts
The Confidence Close
"So I'm absolutely confident in my ability to achieve a superb result on this project. Will you let me demonstrate the effectiveness of working in this way? Let me work with you on this assignment."
The Trial Close
"I'd like the opportunity to show you. Can we trial it on this project so I can show you how much better it is working in this way?"
The Demonstration Close
"So can I have the opportunity to show you? I'd really like to demonstrate the effectiveness of this approach."
Remember
"This is what retained search companies often charge 33% for. It's thorough, it's methodical and it's rigorous, but it's not that difficult. By the end of this course, you will be equipped with all of the knowledge, skills and tools to deliver an exceptional service to your clients that will result in a near 100% success rate."