Is Contingency Recruitment Right for Me?09 Feb, 20231 - 2 minutes
Due to the importance of having the right people in the right roles, the war for top talent is fierce. The success of every business is reliant upon having talented individuals who will drive the business forward in line with its goals and objectives.
Some businesses are under the belief that in-house recruiters are the most effective solution as they understand the business inside and out. However, what these people fail to realise is that most recruiters will specialise within an industry, so not only will they understand your business, they will understand the whole industry - including your competitors.
Using an industry specific recruitment agency is a clever tactic used by savvy employers as they are tapping into an extensive pool of talent which might not be available to them through their own in-house practices.
If you’re snapping up the best talent before your competitors, you’ll be in a stronger position to thrive as a business.
Depending on the recruitment agency which you use, you will have a number of recruitment services available to you, one of which is Contingency recruitment. But what is Contingency recruitment and is it right for you?
Contingency recruitment is a service whereby the agency only collects a fee once a candidate has been placed.
This can be hugely advantageous for employers who don’t have the time or resources to post the job, sift through the applications and arrange interviews.
Even for jobs which are fairly easy to recruit for, the whole process can be extremely time consuming. Positions which don’t require a vast amount of skills and experience will naturally attract a larger volume of applications, particularly in densely populated areas.
Instead of wading through a swarm of CVs, a large proportion of which could be irrelevant, this time could be spent more effectively focusing on other areas of the business.
If other projects under your remit will suffer due to your time being swallowed up with the recruitment process, it is within the businesses best interest to outsource the job.
With any recruitment agency service, a huge selling point is that they will narrow down the search and deliver you with the very best candidates to interview.
With a Contingency service, there is no pressure to hire unless you’re perfectly satisfied with the candidate. This is a massive selling point for employers who are searching for a candidate with very specific skills and experience.
A Contingency service works best when a business utilises the services of just one agency on an exclusive basis. This incentivises the recruitment agency to spend more time and effort in filling the role.
To summarise, a Contingency recruitment service is right for you if you’re looking to:
- Save time sifting through CVs and arranging interviews
- Tap into an extensive and exclusive network of top talent
- Get back to dealing with other important tasks/projects within your remit
- Have peace of mind that you can outsource the job and that it will be done well
- Use a pressure and risk free recruitment service
Who is Spencer Clarke Group?
Since 2017, we've been changing the face of recruitment. From our employees, to the way we do business, to the culture within our office, we're determined to make a difference and create a positive impact on everyone around us.
Recruitment to us isn't just about matching candidates and clients; we’re passionate about finding candidates the perfect job which has the ability to boost their salary and standard of living, better their work life balance and improve their mental health.
Similarly, we understand the impact which an experienced and skilled employee can make to a business and we love seeing clients thrive through the hard work of candidates which we have placed with them.
We operate in two sectors:
In eleven specialisms:
If you’re searching for a new role, why not visit our job page to take a look at the latest opportunities? Alternatively, upload your CV and one of our experienced consultants will contact you when a relevant opportunity becomes available.
If you’re struggling to fill a role, why don’t you give us a call on 01772 954200 to see how we can help? One of our consultants will be happy to listen to the challenges which you are facing and advise on the best possible solution for you.