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Retained search revenue is forecast to fall 30% this year before rebounding with growth of 17% in 2021, according to the “US Staffing Industry Forecast: July 2020 Update” by SIA.

Retained search is also the Staffing Word of the Week. SIA’s online Lexicon of staffing terminology defines it as: “Service provided by an executive search firm to locate a candidate for a specific position at a client company. Fee is payable whether or not a hire is made.”

The full Lexicon of staffing terminology is available online for free.

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