Forbes has compiled a helpful summary of the key differences between doing your next executive search on contingency vs. hiring a firm for a retained search.

There are differences between a contingency recruiter and a retained recruiter. A contingency recruiter works to supply a greater number of candidates to a hiring company in order to enhance placement odds. While contingency search offers an appropriate option for immediate, shorter term and candidate-focused circumstances, retained executive search firms offer hiring companies a distinct set of necessities:

• Higher-end screening for clients who want only final candidates for selection

• Delicate negotiations required to persuade the candidate to shift to a new position

• C-level placement and commensurate compensation and benefits consideration

• The highest levels of confidentiality

• Extended third-party negotiations

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