Spotlight on Hybrid Search

At TZR, we are proud of the offerings we provide to our clients in the field of Executive Search – each search is tailor made to make the process of hiring as efficient and effective as possible, while delivering the best value to our clients.

In a previous article, we took a broad look at the Executive Search options we offer and here, we’ll dig deeper into one of our most sought after programs: Hybird Search.

“Experienced executive search firms have numerous avenues, networks and ongoing contacts that would not be available during an organization’s self-search process. With extensive experience, top-notch recruiters can discreetly identify qualified individuals who may only be passively looking for a new opportunity to showcase their skills.”

But first, a quick refresher…

What is Executive Search?

Executive Search can be defined as a “…meticulously targeted and specialized form of recruitment engineered to identify, engage, and place top-tier executives and niche specialists within organizations. Unlike standard recruitment, which primarily focuses on filling roles, Executive Search has a more profound objective: finding leaders who possess the potential to drive organizational success over the long haul.

(The) process involves extensive research, thorough candidate assessment, and meticulous decision-making. It’s a more deliberate and strategic approach compared to standard recruitment.”

TZR executes the Executive Search process in multiple ways:

Contingent: Our Contingent Executive Search program is a no-strings-attached approach that means you pay after we deliver the best candidate for a specific role. These kinds of searches are “…all about finding suitable candidates for your hard-to-fill vacancy “We’re addressing a need and helping you find a solution as efficiently as possible.

Retained: Retained Executive Search is an effective and comprehensive approach to identifying leaders who are truly distinctive. Retained search focuses on an in-depth process that explores talent on a much deeper and thorough level than that of Contingent search.  Where Contingent Searches tend to be transactional, with Retained Searches is more concerned about the best of the entire market, not just first available. We are in it with you for the long haul. With these programs, our team “…build genuine relationships to match the right candidates with the right roles. Deep relationship building is the cornerstone that makes retained search successful.”

Hybrid: The best of both worlds (Contingent / Retained).  The TZR Hybrid model follows more of the depth and quality focus of a Retained model, while offering our clients a mostly Contingent payment structure.  The model takes out ‘some’ of the risk with a small engagement fee up front, then the rest of the fee is truly Contingent. It builds in accountability on both sides, which ultimately produces a higher caliber candidate hire than a Contingent search option. 

Let’s dive into the benefits of a Hybrid Search!

Why Hybrid?

Hybrid gives you access to TZR’s highest-level search capabilities, but with flexibility – you tell us what you need and when you need it, and we assemble our team of experts to address those needs within a timeframe that works for you.

We understand hiring needs are often cyclical and this approach guarantees you access to our team on your terms, so whenever your company is out there in the market, the external message is always the same.

And you pay when we deliver.

“In terms of cost, hybrid search includes two stages of payment: an initial retainer at the beginning of the search and the remainder at its successful conclusion. Utimately, the fees for all of these options are generally the same percentage, so choosing the hybrid model, just makes sense and is the highest value for our clients.” – Mark Fisher, President TZR

What level of candidate are you searching for?

We find that Hybrid Search works best for mid-level managers to director level as we are directing a substantial amount of time and attention to your business – so you get the most bang for your buck when the result is filling upper-level positions.

“This arrangement empowers a single talent acquisition firm to control the message to the suitable candidate market. It also allows for public disclosure of specifics, such as the company name, to passive candidates.”

The Hybrid Search at TZR provides clients with access to our pool of talented, qualified candidates and the expertise to know who would be best to fill each role.

Hybrid works because it allows us to provide a customized, partially retained, recruiting process that delivers exceptional candidates, every time. But no matter your search needs, it all starts with a conversation. If you’re ready to find out what your best options are – customized specifically for your needs – so you can continue to operate at your best – reach out to us today