It’s important to understand the recruiting industry as a whole when planning your hiring strategy. One of the main questions many companies have is whether to use a retained search firm or their in-house recruiters and why. There are major differences between the functions and abilities of these two resources. Outlining these differences will help you make the decision that is best for your company and your future hire.
First, let’s define the two terms. Retained search firms are external companies with specialty research, sourcing, and recruiting expertise, but still work exclusively for your company on a project-by-project basis. In-house recruiters are an internal branch within your company and are typically generalists supporting a broad range of departments. Traditionally their efforts are more geared toward online advertising and application responses than the pure research and direct recruiting done by retained firms. Now, let’s go into the specific differences of each:
Retained Search Firms
These are major details to consider when choosing your hiring strategy for your next open position. Assess the nature of the search project to help decide which strategy is best. Looking for a retained search firm that specializes in the life sciences? Contact Ashton Tweed today to discuss your project.
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