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  1. Dictionary
    retainer
    /rɪˈteɪnə/

    noun

    • 1. a thing that holds something in place: "a guitar string retainer"
    • 2. a fee paid in advance to someone, especially a barrister, in order to secure their services for use when required: "he's on a retainer as a consultant" Similar retaining feefeeperiodic paymentpartial payment

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  2. www.gigworker.com › blog › what-is-a-retainerWhat Is A Retainer, And Why Do You Need One? - Gigworker.com

    Jul 5, 2024 · A retainer is an upfront payment ensuring commitment for services provided. Retainer fees can be unearned (initial payment) or earned (after work completion). Advantages include reliable pay and trust, while disadvantages involve client dependence.

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  4. uk.indeed.com › career-development › business-retainerA comprehensive guide to business retainers (with types)

    Jul 1, 2024 · A business retainer refers to a fixed sum that an independent contractor or business receives from a client. The client pays this fixed amount of money in exchange for a guaranteed set of services. This makes the retainer approach different from many typical arrangements with clients, whereby the output of the work in question determines billing.

  5. www.investopedia.com › terms › rRetained Earnings in Accounting and What They Can Tell You -...

    Jun 25, 2024 · Retained earnings (RE) are the amount of net income left over for the business after it has paid out dividends to its shareholders. The decision to retain the earnings or distribute them...

  6. clickup.com › blog › consulting-retainerHow Do Retainers Work for Consultants - ClickUp

    4 days ago · A consulting retainer is a fixed sum of money or upfront fee your client pays you in return for your work. It is a pricing model that lets clients secure your services for a predetermined period. Most consultants charge on an hourly, daily, monthly, or project basis for a fixed scope of work.

  7. www.shiftbase.com › glossary › employee-retentionEmployee Retention: Definitions, Tips, and Strategies - Shiftbase

    Jun 20, 2024 · Employee retention is a process or set of activities aimed at retaining employees in a company. The aim of employee retention is to reduce fluctuation and create a stable workforce. Many factors can influence employee retention, e.g. pay, benefits, working conditions, job satisfaction, and development opportunities for employees.

  8. uk.indeed.com › what-to-know-before-signing-retainerWhat to know before signing a retainer: 10 questions to ask

    Jul 1, 2024 · A retainer agreement is a long-term contract established between a company and a client. It's a work-for-hire document that allows clients or customers to pay in advance for professional, ongoing services administered by the company. This means that the client pays to reserve a service they may need in the future.