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Unlocking the Power of Retainers A Game Changer

Name: Unlocking the Power of Retainers A Game Changer
Uploaded: 2024-12-01T16:46:00+00:00
Duration: 14 s
Channel: Henning Schwinum
Description: This YouTube video (by Henning Schwinum) explains the role and structure of retainers in business assignments. In the observed segment speakers report…

1 Dec 2024 · 0 min

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This YouTube video (by Henning Schwinum) explains the role and structure of retainers in business assignments. In the observed segment speakers report that 94% of assignments examined include a retainer component and that 26% include a variable component. The discussion highlights retainers as prepaid, fixed "bread-and-butter" compensation and describes variable components (commission, bonus, share of growth/profit) as ways to align business and executive incentives.

Questions this video answers

94%.

26%.

And the good news, since I already said we all want to work for large retainers, is that 94% of all assignments that we looked at contain a retainer component. And retainers.
Are great because they're.
Prepaid, they're fixed.
They're the.
Bread and butter.
Of what.
We are doing. 26%. And I was asked that question this morning over breakfast, 26%.
Have a variable.
Component. And that variable component can be a commission or a bonus. It can be.
A share of growth, a share of profit. There are various ways to.
Skin that cat and make.
It work for the.
Business and for the executive.