What is Contingency Recruiting?
Contingency recruitment refers to a type of recruitment in which the recruitment agency collects fee from clients only when a qualified candidate is searched and placed by them for the position in question.
Contingency recruitment definition
Contingency recruitment refers to a type of recruitment in which the recruitment agency collects fee from clients only when a qualified candidate is searched and placed by them for the position in question.
The name is connected to the fee paid to the agency in the event of placing a candidate for client’s position. Fees differ but range from 12.5 percent to 20 percent of the candidate’s first-year basic salary.