When to Use Contingency Search
Naturally, everyone at Waterford Executive gives 100% to every order we receive. Our commitment to our clients is always top priority. Contingency Searches although have an increased risk of no return on invested energy and resources, if the recruiter needs to work on 5-7 Contingency orders instead of 1-2 Retained orders to make sure their monthly goals are met obviously less time can be devoted to each individual search order. Having said this, there are definitely instances where a Contingency Search would be a more appropriate option.
For organizations that need mid-level management to lower-level employees but don’t have the resources or time to perform an adequate search, a Contingency Search is seen as a more appropriate option. The organization can receive information from Waterford Executive or even enlist other firms and can select from among many different individuals to find the best fit for the role, although we do not recommend using any more than 2 firms at a time as this just leads to duplication of work, and in some cases can confuse candidates. Both types of searches help to ease the workload of organizations and allow employees to focus on aspects other than recruiting and hiring.