A Contingency Search is when an outside recruiting firm is asked to identify and deliver Top Talent to an interview, and the employer only pays a fee if a candidate is hired, with a money-back guarantee of the candidate's qualifications and performance.
Benefits of requesting a Contingent Search
-Top candidates are identified, recruited, and delivered to your interview.
-Access to the 30% of active candidates who do not post resume online.
-Employer sets the max fee percentage depending on difficulty of search.
-Access to the many passive candidates who are open to a career move.
-Access to candidates from competitors and/or with a specialized skill set.
-Allows employers more choice and the confidence that the best candidate was hired.
-Recruiters can ask and learn info of candidates that employers can not legally ask.
-Recruiters can use info learned to prevent/solve problems and close candidates on offers.
-Recruiters do not recruit from clients, but do recruit from all other non-clients.
-Risk Free - Recruiters are only paid if successful in making a good match.
Employer Bid Fee Structure
The main challenge of each candidate sourcing need is to find qualified candidates in a timely manner who are interested in the position, salary, and location.
Depending on these challenges, the search for interested and qualified candidates can range from being very easy to very difficult.
Feebid allows the employer to name their own price, depending on their own specific hiring needs and challenges faced. Our recruiting staff will accept and work on all bids, and we will inform you if your bid is too low to get the proper attention of the recruiting staff.
Please Contact Us if you have any questions on your specific search challenge.
As an overview, the average recruiting fee in the placement industry can range from 15-30%. This varies based on the quantity of available, interested, and qualified candidates, which is affected by many factors, including location, salary range, academic & experience requirements, hiring manager preferences,
and many other factors.
Please Click Here to enter job description and fee bid.
Contact us for more info
Step 1Job Post Service
Post your job across the internet and applicants will apply directly to you
Step 2Resume Search & Screen
Receive 20+ current & qualified resumes of candidates interested in your job & location.
Step 3Contingent Search
A Risk Free option to hire a top candidate with a specialized skill set, where employer sets fee.
