In Continent model, recruiter is only paid once the role has been filled. Positions that are recruited on a contingent basis are typically for entry-level to mid-management roles and are often found on job boards, networks and social media posts.
In the retained model,recruiters are engaged on an exclusive basis to source a key hire. Here are recruiters are paid a partial fee from the client before the process begins, with the remainder paid upon the successful placement of a candidate into that role.
For more senior, strategic or highly skilled hires where the candidate pool is much smaller, companies adapt retained recruitment.
Whilst on the face of it, retained recruitment services seem more expensive as there is an upfront fee to pay, regardless of the outcome – there is often much more to this methodology than just the payment structure and T&Cs.
This is more often than not, a fully-tailored recruitment solution where the agency and consultants will work closely with the hiring team – covering all areas of the active and passive market in a wider, more detailed search.
By working with NKXGEN, you work with experts who specialise in your industry with an extensive network of contacts. With years of experience, we understand the need for confidentiality and work incredibly hard to ensure we get the right people on time and to budget.
From our initial research, we map the market to identify talented prospects which also provides invaluable competitor insights and salary benchmarking. Working exclusively means we have the opportunity to best represent your business without multiple agencies chasing senior prospects.
We pre-interview all shortlisted candidates and provide feedback before any formal stages which saves you a huge amount of time and effort. Having one recruiter to manage the sourcing and screening process ensures you can get on with your day job without having to go through hundreds of profiles or CVs.