Key Features of Contingency Recruiting.
Risk-Free for Employers:
- Employers only pay after a placement is made.
Multiple Agency Competition
- Employers can work with several agencies simultaneously, creating competition for placements.
Industry Expertise
- Many agencies specialize in specific industries or job functions, offering a deeper understanding of market trends, compensation benchmarks, and skill requirements.
- Agencies can quickly identify quality candidates who align with the company’s needs, often with better accuracy than generalist internal teams
Focus on Volume
- Agencies may prioritize easier-to-fill roles or those with higher placement fees, sometimes at the expense of highly tailored searches.
Speed Over Depth
- To secure the placement, agencies often focus on speed, which may not always result in the best cultural fit or long-term hire.
In agency recruiting, a contingency model means that the recruitment agency only gets paid if they successfully place a candidate in the role. The payment, typically a percentage of the candidate’s first-year salary ranging from 10% to 30%, is contingent upon a successful hire. This model differs from a monthly retainer model, where most agencies receive upfront or recurring payments regardless of placement success.
$18% On Annual Salary
18% FLAT FEE
Contingency Plan: USD
- No payment unless Our Candidate is hired
- 18% Fee on all placements
- 15% Fee if inclusive to TWG
- Free Job Description Write-ups
- Customized Candidate Submissions
- 30 Day Fall Off Gurantee
- 3 Best Candidate Submissions
- Ideal for companies hiring for standard roles or with low budgets
