Retained Search Agreement
While large, well-branded employers have dramatically increased their own internal executive search capabilities over the last decade, there are still strong partnerships with external retained firms.
However, these relationships have and are continuing to change. Responsibilities, contract details, caps on expenses, negotiated percentages, access to candidates not presented, audits and more. As a result, 85% of respondents have identified and maintain relationships with fewer ‘preferred’ retained executive search providers.