Contingency search
The Contingency Search service – sometimes referred to as “no-cure-no-pay”- works well when a shortlist of candidates made from a focused, tailor-made search is not needed, or when clients wish to also search.
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Since most countries in Asia are in fast development, the need for getting candidates on board is often urgent. The contingency service is a fast way of seeing examples of candidate profiles with a few days.
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With a contingency service, the service fee is normally a percentage service fee of candidates’ annual guaranteed earnings.
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Candidates hired via contingency service often have a guaranteed period of 1 to 3 months, whereas the Executive Retained Search has a guarantee period of 3 to 6 months. The service fee and length of the guarantee period often go hand in hand.
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