Contingency
This is undoubtedly the most commonly used of the key methodologies in the recruitment business. Contingency is simply a database search of the most suitable candidates.
Advantages:
Response is generally very quick.
- Clients have access to the most suitable candidates on the database.
- Database candidates are registered as ‘actively looking’ for a new career and are by definition a warm prospect.
- Cost effective, pay on results only, no up-front fee.
- No exclusivity agreement, therefore client company’s use as many agencies as they wish to.
- Candidates are pre-screened before being presented on a short list.
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