Depending on the needs of our clients, we operate in one of two ways, either on a contingency or retained basis.
Though the end goal of both of our methods is the same; successfully placing a candidate within our client company, the approach in which we take does differ slightly.
| |
RETAINED |
CONTINGENCY |
| Fee: |
Fee paid to search firm by the employer in instalments during search process |
Fee contingent on the successful placement of the candidate |
| Process/Issues: |
Exclusive assignment with client |
Typically not an exclusive contract arrangement with client |
| High Urgency |
Low Urgency/Always looking |
| High Level Role or Highly Specific Criteria |
Generic Role |
Active approach is taken |
Passive Approach is taken |
| Provides client with comprehensive consulting and reporting: resume, references, interview, and reports |
Forwards resume and a brief on a candidate after initial interview |
| Passionate representation of your opportunity with an enthusiasm that is contagious to candidates |
Your opportunity can be presented in conjunction with other non-exclusive assignments |
| MRG provides progress reports regarding amount of market penetrated, overall market receptivity, and suggestions to increase effectiveness |
Limited verbal sharing of search data |
| Accountability to insure that the best possible person is selected |
Goal of getting a qualified person hired |
| Manages closing negotiations |
Potential conflicts between firms or firms/clients, candidates presented to multiple organizations |
| Firm assures "Off-limits" policy with client companies |
Firm assures "Off-limits" policy with client companies |
| Enhanced Placement Guarantee |
Standard Replacement Guarantee |
To determine the approach that would be most beneficial to your individual and unique search requirements, please contact one of our consultants, or email info@miningrecruitmentgroup.com.