Which Executive Search Consultant Should You Hire? - WalkWater Talent Advisors Executive search is when a specialized firm is recruited to take up the job of making an exclusive search and bringing to the client a list of the best candidates that are completely apt for the executive positions within an organization. There are different types of executive search, each effective in its own way. The basic difference lies in the level of service required, and the level of experience of the desired talent.
Retained Executive Search Retained executive search involves a retainer for the services provided, where an upfront fee is decided upon, which is generally paid in three parts – 1/3rd of the fee paid on initiation of the search, 1/3rd paid 30 days later, and the final 1/3rd paid upon placement of the candidate. The executive search consultant in this type of search