What is a retained recruiter?
A Retained Agency is similar to a contingency recruiting agency in that the client company pays the fees. The jobseeker/candidates do not pay a fee. The main difference of a retained recruiting agency is that the client company pays a retainer fee to have that company perform a search. A portion of the overall search fee is paid up front and the remainder is due upon a successful hire. The initial retainer fee is paid whether or not a placement/hire is made. Companies use retained search firms for higher level positions within an organization. For example a CEO, Vice President of Sales, etc.
Related Questions
- I have received an e-mail message from a Halifax Regional Municipality recruiter as a result of an application I recently submitted. What is the best way to respond?
- I submitted a profile online and have not heard back form a recruiter. When will I be contacted for an interview?
- How can I meet a NexDine recruiter?
