The cost of retained search can vary widely based on factors such as the level of the position, industry, geographic location, and the specific recruiting agency being used. Generally, retained search fees are higher than those of contingent recruitment due to the exclusivity and depth of the service provided. Retained search fees can range from 20% to 35% of the candidate’s first-year salary or even more for executive-level positions. It’s important to discuss and negotiate the fee structure with the recruiting agency before engaging their services. Keep in mind that while the upfront cost may be higher, the investment can pay off through finding the right candidate for crucial positions.