What Is It?
This is a try before you buy type of option. In the contingency recruiting option, you don’t pay until we find a candidate that you want to hire, and they work a specified number of days.
So, no hire = no fee. Our standard guarantee/assurance period is 90 days.
If the candidate you decide to hire leaves in those 90 days, you don’t pay until/if we find a suitable candidate to replace the one who left and they work for your company for 90 days.
Contingency can be exclusive or non-exclusive. Exclusive means that only we are working on filling this opening for you. Non-exclusive means you have multiple companies/agencies working to fill this role for you.
Pros of Contingent Recruiting
- No hire = no fee
- We put our money where our mouth is and you don’t pay until we deliver what you need
- You reduce your fixed and upfront recruiting expenses while finding the best available talent in the market
- Assurance of a guarantee period so you’re not paying for something you no longer have
Cons of Contingent Recruiting
- Longer time to fill
- Lower priority than a retained search option
- Less focus on filling these roles
- No market insights data
Additional Considerations around Contingent Recruiting
- How many hires do you need to make
- What is the assurance/guarantee period
- How quickly you need people
- What is your budget for getting help in finding the talent you need to grow
- What are the salaries you're going to pay the people you need help to find
- Fee schedule: nothing upfront - entire fee on backend - 20-35% on average