AGIDCS© “Dedicated Contingency Search”
Alphanumeric Group Inc. has streamlined this process to bring you the best of both worlds with our AGIDCS© “Dedicated Contingency Search” program.
Contingency Search or Dedicated Search
On the surface, it appears to be simply an issue of how the Fee is paid. A Contingency Search agreement earns a fee only when the client organization hires a candidate; the fee is paid when that hire starts working. A Dedicated Search fee, on the other hand, is paid up front. That difference dictates two completely different methods of searching for the person you need — and usually ends in two quite different result scenarios.
The CONTINGENCY SEARCH is paid only when a presented candidate gets hired. This fee will be higher and the guarantee shorter. This is a vendor relationship, in which firms are working on commission. This means that there is no one dedicated to, and directly responsible for your needs. The resources cut out for contingency searches are limited due to the high volume of positions contingency firms have at any given time. . The average Contingency firm has 200 open requisitions at any given time and fills less than 5% of them each month.
AGIDCS© “Dedicated Contingency Search” consists of a small “Retainer fee” which is paid for upfront and is allocated to sourcing, research and candidate identification & vetting… and a significantly longer guarantee period. The balance is paid as a “Contingency Fee” and, is accessed after the candidate begins employment. This partnership includes a dedicated search consultant who will conduct research to intimately understand your company, industry, search requirements and will work full time for you, 100% focused on your needs. We undertake a much more exhaustive recruiting process with your AGIDCS© “Dedicated Contingency Search”.
We are a technology-based firm and a large portion of any retainer is immediately invested into sourcing, research, project management and digital AI database mining methods. We cultivate contacts in sectors in which we work frequently… identifying passive and interested qualified candidates. We pre-select the best candidates carefully, conducting multiple telephone and face-to-face interviews. We only present finalists who past exhaustive screening to you for consideration.
Contingency Recruiters are compensated on commission and measured by the volume of revenue they generate each month. Contingency searches are more of a surface level search. Contingency recruiters will typically work with a large number of job openings, and focus on the openings with the largest pool of candidates or the largest fees. The contingency recruiter will simply move on to another vacancy or client where they can get a straightforward win. With Contingency, it is not uncommon to get great communication early and a couple of candidates quickly. However, if the initial candidates do not qualify for additional review, it is not uncommon for the recruiter to go unresponsive, as they have moved on to positions that are easier to fill.
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