Custom Databanks, Inc. – SS

FAQ: What is retained versus contingency?

A retained recruiter is paid in advance (retained) to find individuals to fill a firm’s open position. The retained recruiter is paid even if he/she does not complete the assignment. Usually retained recruiters work with more senior level assignments.

A contingency recruiter is paid only if he/she fills the firm’s open position. It can happen that more than one contingency firm works on a specific assignment at the same time. Contingency firms most likely work on less senior level positions.

Custom Databanks, Inc.
New York, NY 10022-4168 • (800) 445-3557 • (212) 888-1650

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