Client Experience

Contingency Vs. Retained Search: The Key Differences You Should Know When Hiring A Recruiter

By | Client Experience

Search firms operate under two primary profit models: contingency and retained search.

For the sake of clarity, firms conducting a contingency search are paid only upon the successful placement of a candidate; there’s no upfront cost to the company.

In retained search, on the other hand, the firm takes on more of a consultant role, earning money throughout the engagement for work done continuously.

These contrasts might seem subtle, but if you’re in the market for a recruiter, it’s important to understand them. It might mean the difference between finding the right candidate for your open position or making a detrimentally wrong hire.
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