Contingent search is a recruitment model used by staffing agencies or headhunting firms to find candidates for positions where the agency is only paid if they successfully place a candidate in the role. Unlike retained search, where the recruitment firm is paid upfront or on a retainer basis regardless of the outcome, contingent search involves payment only after the placement is made. This payment structure makes contingent search more risk-free for employers, as they don’t pay unless they hire someone through the agency.
Contingent search is often used for positions where the required skill set is relatively common, or for roles that aren’t at the senior executive level.
If a company has many positions to fill and needs to find candidates quickly, contingent search is a useful solution.
For companies that need to minimize recruitment costs or who have a lower budget for hiring, contingent search is a more affordable option compared to retained search.
When a company has an urgent need for a candidate but doesn’t want to make a long-term commitment to a recruitment firm upfront, contingent search allows for quick placement
Employers don’t have to pay unless they hire a candidate, making it a less risky option compared to retained search, where payments are due regardless of the outcome.
Since multiple agencies may be working on the same search, there’s often a sense of urgency that can lead to faster results
We have a proven track record of delivering results for global electronics manufacturers
Agencies competing for the placement typically cast a wider net, which can result in a greater variety of candidates for consideration.
At Aikyamadvaya, we empower electronics manufacturers with AI- and IoT-driven Industry 4.0 solutions that simplify processes, boost efficiency, and enable sustainable growth.
