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Glossary for Executive Search

Retained search

Retained search is a recruitment model in which a company hires a search firm on an exclusive basis to fill a specific senior-level or executive role. The client pays the firm upfront or in installments, securing dedicated focus and priority over other engagements. This model is typically reserved for critical leadership positions that demand deep market research, thorough candidate evaluation, and a strong long-term fit with the organization — unlike contingency search, where firms are paid only if they successfully place a candidate.

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