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Answers to some of
the frequently asked questions:
What
is a retained search firm?
A retained firm works on an exclusive basis, project-by-project,
typically on senior level ($100,000+ compensation) executive searches.
The firm is paid via progress payments, much like a consultant.
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What
is the difference between a retained search firm and a contingency
firm?
A contingency firm is paid only when a recruit is hired. Clients
who use contingency firms often contract several firms simultaneously
for one position, causing competition and confusion. Also, a contingency
recruiter focuses on identifying and presenting resumes, rather
than a more involved assessment and referencing process. Because
they are paid only upon hire and at a lower percentage, it is difficult
to provide a full range of services on a cost-effective basis. Contingency
recruiters often seek resumes of polished, competent individuals
to keep on file for the next opportunity.
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Who
does Trinity work for - the client or the candidate?
As a retained search firm, Trinity works for the client on a well-defined,
specific position.
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Does
Trinity find employment for individuals?
No. Trinity is a retained search enterprise, working project-by-project
on an exclusive, focused basis for each client.
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Can
Trinity help me or my brother-in-law find a job?
No. On occasion, we try to provide some tips, suggestions, or insights
for friends, but we are not in a position to directly offer leads
like an outplacement firm would provide.
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How
is Trinity paid for recruiting services?
Trinity is paid a retainer spread over the first three months of
a project, to a total of 1/3 of the successful candidate's first
year compensation.
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How
do you build your database?
Trinity maintains a detailed database of quality prospects and sources,
primarily generated by individuals referred to us for a specific
assignments. We also accept resumes from individuals in areas we
expect to be working, as long as they understand we are not a placement
firm.
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How
is Trinity different than the large recruiting firms?
Our goal is to offer more focus and a higher level of service to
each client than a partner in a large firm can offer working on
10-15 projects simultaneously. Also, we have virtually no conflicts
or constraints in recruiting opportunities, compared to the larger
firms.
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What
level of searches does Trinity handle?
Trinity specializes in recruiting the top executive positions, such
as CEO, President, and a wide range of Vice President positions.
Our minimum fee is $33,000 per search, which translates to positions
over $100,000.
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Does
Trinity specialize in certain industries?
We have a high degree of expertise in high-technology industries
including communications, computer software and internet software
companies, computer component manufacturing, and Year 2000 companies.
Trinity has also conducted searches for a variety of industries
such as international banking, financial services, oil and gas,
pharmaceutical and healthcare-related companies, food service, hospitality,
international retail, and aerospace engineering.
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