Technical Talent Locators Service Offerings-Synopsis of Delivery Vehicles
Basic Premises:
- The service is free. Our clients are able to assess the quality of the candidate and then determine if the person brings enough value to warrant hiring. No retainer is required.
- Recruiting costs are investments in building value of a company.
- Most companies look at recruiting fees as simply an overhead cost (oftentimes simplistically amortized over a 1 year timeframe) and do not analyze the complete added value of improving their recruiting efforts from a strategic vantage point.
Below lists a variety of recruitment vehicles to choose from. This listing is simply a summary of our services and, depending upon your needs, can de discussed in further detail. A more complete description of each service offering can be delivered if you desire.
- Contingency
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TTL can provide targeted “headhunting services”, similar to executive search, but focused on identifying, locating, and recruiting specific technical talent within the DoD/Intelligence Community.
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Fees are due only if you hire the candidate and they remain with your organization for a pre-agreed upon guarantee period (90 days prorated). Fee totals 25% of the new employee’s starting salary.
- Retainer Permanent Placement
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If you desire a guarantee of delivery (generally due to the critical nature of the search assignment) targeting technical placements, then a retained agreement would be the best option. In this case, TTL is contractually obligated to deliver at least 3 qualified candidates that meet your written requirements within a pre-agreed timeframe (depends upon the difficulty of the search assignment, but normally is 30 days).
This allows TTL to dedicate, at least, 1 senior recruiter full-time to your search assignment.
Fees would total 25% of candidate’s starting projected salary. 1/3 would be due upon commencement of search, 1/3 due after the third qualified candidate interviews with your organization, and the final 1/3 due after one candidate accepts and starts with your company.
- Project Based
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TTL can develop a customized program to meet your specific recruiting needs whether they be volume based critical “headhunting”, general recruiting to fill open requisitions, targeted recruiting in support of marketing initiatives, etc…
This vehicle would need to be customized on a project by project basis and would be focused on the specific objectives/outcomes desired of the project.
Fees would include a firm fixed fee component, initial retainer and monthly stipend during the duration of the agreement. The agreement would include performance criteria with both penalties for underperformance and award fees for superior performance.
- Preferred Customer Discount Program - Volume Based
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TTL offers a volume discount plan for its traditional Permanent Placement services. Under this agreement, TTL will offer discounts for multiple hires on a declining scale. This program can be customized based upon the volume of hires and the difficulty in recruiting the talent.
The program starts at 25% and will decline when we reach certain placement thresholds (generally in increments of 4, but this program also can be customized to meet your needs).
- Outsourcing
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TTL can act as your internal headhunting department with responsibility for filling all of your positions, both current and projected. We will assign a staff of trained recruiters to handle all of your staffing needs. Normally, we will dedicate, at least, one account manager full-time to work on your premises and manage the efforts of your outsourced recruiting team. The recruiting team can be located at your premises or ours or both.
Fees would include a firm fixed fee component, initial retainer and monthly stipend during the duration of the agreement. The agreement would include performance criteria with both penalties for underperformance and award fees for superior performance.
This allows your management and administrative staff to focus exclusively on implementing your strategic plan, winning business, managing and retaining staff.