I had been wondering about why companies go for retained search firm even whey they cost more, one need to pay a part of the money upfront (retainer model), and very few firms who do that in comparison to contingent hiring Lots of HR people consider them to be the same and boy are they wrong about it. The basic difference as told to me by Sonia Sharma who leads the retained search business at the executive search firm - Pipal Tree Services is : Retained Executive search firms They operate on an exclusive, client-centred basis and work on a limited number of assignments at one time. These firms often find candidates with diverse backgrounds and have access to candidates who are not actively seeking a new position. They are engaged in all aspects of the process, from defining the search through candidate integration. They charge a consulting fee (retainer) for the assignment, consistent with their in-depth advisory work. These search consultants deliver high-qual...
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