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What is Contingency Recruiting?

What is contingency recruiting?

Contingency recruiting is a type of recruitment service where recruiters are paid a fee only if they successfully place a candidate in a job position.

In this method, the contingency recruiting agency typically takes on the risk of the search process. They invest time and resources in finding suitable candidates without any guarantee of payment unless one of their candidates is hired. This can make contingency recruiters highly motivated to fill positions quickly and efficiently.

Contingency recruiting is popular for filling mid-level positions and roles where the urgency or volume of hires is high. This allows companies to engage multiple recruiters simultaneously without initial costs, increasing the chances of finding suitable candidates.