THENEWSTEPMODEL

New Step Search provides the same in depth practice of retained search, with the
same low financial risk of contingent search.
We are the new smart alternative.

CONTINGENT SEARCH

Assists in finding mostly mid-level professionals to senior executives

Typical fees range between 18-25% of a candidates annual fixed salary

Conducts assignments on a non-exclusive basis, often in competition with other agencies and the clients internal efforts

Full payment is due upon successful hiring of a candidate

Most recruiters specialise in one industry or skill sector

Reactive search methods relying largely on database search and job advertisements. Higher emphasis on active candidates

Proactively market their best candidates out to multiple clients, and present candidates over multiple roles concurrently

Evaluates and presents candidates in a quick turn around time to increase their chances of placement against the competition

Recruiter works on a high number of roles at a given time, spreading their work load accordingly

No obligation for the recruiter to successfully complete an assignment. No financial commitment from the client to the recruiter

CONTINGENT SEARCH

NEW STEP SEARCH

Assists in finding mid-level professionals to C-level executives

Total fee is 15% of a candidates annual fixed salary.

Conducts assignments on an exclusive basis

Fee structure is 3% of the estimated fixed salary upfront as a refundable deposit, with the remainder of the fee due upon, and de pendent upon a successful placement of a candidate

Specialising in IT recruitment within Singapore

A broader and more customised approach is agreed and executed in order to best access the most relevant candidates, in line with the specific requirement, culture, and industry of the client

Presented candidates are exclusive to one client until the client decides during the search period. We do not represent candidates for more than one assignment concurrently

We work on a low number of roles at any given time. Our priority is to achieve the highest possible ratio of successfully placed assignments over and above number of placements

Conducts a deeper search approach with wider outreach and methods whilst accommodating the clients time constraints. For most roles we aim to present the initial shortlist within a 2 week period and continuously thereafter for the duration of a mandate, until a candidate is hired

Contractual and paid commitment from the client to the recruiter. High expectation from the client and high obligation for the recruiter to successfully complete assignments

NEW STEP SEARCH

RETAINED SEARCH

Assists in finding mostly senior to C-level executives

Typical fees range between 22-35% of can didates annual fixed salary

Conducts assignments on an exclusive basis

Typical fee structure is 1/3 to commence search, 1/3 30 days later and the final 1/3 upon successful placement. Typically, all portions are non-refundable, and some firms charge the full amount regardless of a successful placement

A mix of generalist and specialised search firms

Proactive and integral search methods uncovering a larger pool of passive candidates

Present only role specific candidates to agreed assignments, usually representing a candidate for only one active role at a time

Recruiter works on a low number of roles at a given time, giving more attention to each search

Conducts a deeper search approach with wider outreach and methods to uncover the best candidates resulting in a slower turn around time

Contractual and paid commitment from the client to the recruiter. High expectation from the client and high obligation for the recruiter to successfully complete assignments

T+65 67110310