Contingency
When is it used? You’ll be very familiar with this, it’s the traditional day to day recruitment service, a fast search used for more operational or transactional roles. It works really well for easy to fill, straight forward hires in which candidates are in plentiful supply.
Benefits
- Reduces the workload of the Human Resources & Talent Acquisition Teams.
- A quick turnaround with candidates generated through our network or advert responses.
Executive
When is it used? If it’s a critical hire or niche appointment, we provide a robust methodology and exhaustive search of the market, systematically targeting all those with the required skill set while mitigating against all that could go wrong to provide a guaranteed fill.
Benefits
- Guaranteed successful appointment.
- Get real-time insights into candidate status and project progress.
- First refusal on your candidates and ensure they remain engaged in the executive search process.
- Open communication and transparency fosters trust and results in a successful search.
- Easily pivot your strategy to ensure project success.
T.A.P
When is it used? This is our Talent Advisory Plan, an embedded style model in which a Talent Partner works on-site to support with a multiple-hire campaign. We can scale-up to deliver fast, cost effective and sustainable results. Freeing you and your team to focus on other tasks.
Benefits
- Let us take care of all or part of your permanent recruiting efforts.
- Receive a tailored talent acquisition model that adapts and evolves to your organization’s needs.
- Foster a mutually beneficial partnership that sets you up for success.
Our Executive Search Process
Full Briefing
We define the competencies, responsibilities and experience required for the position. Agree on the timelines, scope, scale as well as the Employee Value Proposition, in order to deliver a clear and exciting message to this talent pool.
Identification & Qualification
We approach each candidate intelligently and discreetly, using a blend of outreach methods to spark interest and engagement. Then, we gauge the level of interest from the talent and factor it alongside their skills and experience to create a longlist of potential interviewees.
Steering Meetings
We foster open communication and complete transparency throughout the entire interview process to ensure we identify the right candidate. These weekly meetings offer an opportunity to quickly uncover any issues and adapt the search to ensure we are on track for success.
Offer management and after sales
We will collaborate to secure the desired candidate, and come to a mutually agreeable solution, leaving both parties feeling valued and excited for the journey ahead.
How much is your vacancy costing you?
Every employee adds revenue to your company. Key roles are even more valuable. Every day that you are without a key hire costs your company valuable revenue.
Use the calculator to discover how much your vacancy is costing you. If the minimum revenue loss is more than the cost of our service then you will save money by using our service. Get in touch with Pinkstone White to see if our recruitment service can save you money.
Add your figures to find out how much revenue your vacant post is costing you.
Minimum Revenue Loss£
How do we get to this figure?
We divide the company revenue by the total number of staff to give the revenue per employee. We then divide the revenue per employee by the number of working days to give the daily employee revenue. As role seniority impacts revenue, we apply a multiplier for the revenue role, 1x for Junior, 2x for Manager and 3x for Senior Manager / Executive Leadership to give a role specific daily revenue. We then multiply the role specific daily revenue by the number of days the role is forcast to be vacant to give a total role specific revenue loss. Because you are making a saving by not paying a salary for the vacant post, we then add NIC and other benefits to the base salary and minus this total from the revenue loss to give the total revenue loss. Your minimum revenue loss is dependent on how long this position stays vacant it could be much more than this!
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Get in touch with Pinkstone White
If you have any questions, or aren’t sure, get in touch. Whether you are an employer looking for your next hire or a candidate looking for your next job we can help you get on track.