Contingent Search

Refers to a type of recruitment model where a recruiter is only paid a fee if they successfully place a candidate with the hiring company. Unlike retained search, the recruiter does not have exclusive rights to the search and is often competing with other recruiters or search firms. This model is typically used for mid-level positions or roles that are in high demand. It can be a cost-effective solution for companies looking to fill specific positions, but it also involves a higher level of risk and less commitment from the recruiter.

In the context of business coaching, a coach might offer Contingent Search services to help their clients identify and hire the right candidates for key positions. This could involve creating job descriptions, sourcing candidates, and managing the hiring process, with the goal of ensuring that the client’s team is equipped with the skills and expertise needed to achieve their business goals.

Contingent Search DEFINITION:

1.A recruitment model where a fee is only paid if a candidate is successfully hired. 2.A recruitment model where the recruiter is paid only upon successful placement of a candidate.