retained search

Created/changed by: retainedsearch

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US

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https://cowenpartners.com/executive-search-vs-traditional-recruiting/

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Retained search is a type of executive search service where the client company retains the services of a search firm exclusively to fill a specific executive position. In this arrangement, the client typically pays a retainer fee upfront, regardless of the outcome, to secure the dedicated attention of the search firm. Retained search firms commit significant resources and expertise to conduct a thorough and customized search, ensuring the identification and selection of the most qualified candidates for the role.

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