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Empower yourself with the language of insiders. We decipher the arcane terms, epigrammatic abbreviations, and weird words used in the industry.

Boutique Firm
Firms that specialize in placing candidates for a particular industry or job specialty.

Generalist Firm
Firms that will seek to meet any hiring need that arises. They do not specialize in any particular industry.

Contingency Placement
A recruiting service's fee is contingent upon placing a qualified candidate. The firm is compensated after a recommended candidate starts working.

Executive Search Firm
Firms that specialize in searches for high-level positions, such as executives. Most executive search firms are paid on a retainer basis.

Retainer Fee
The fee is paid in stages as a search advances. This is usually how executive search firms are compensated.

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