CONTINGENCY
Agencies
|
|
PRAIRIE
RESOURCE GROUP
|
|
RETAINED
Firms
|
| Assignment
probably not exclusive. |
|
Exclusive
assignment with client. |
|
Exclusive
assignment with client. |
| Firm
represents candidate. |
|
Firm
represents client. |
|
Firm
represents client. |
| Salary
ranges: $20K-70K. |
|
Salary
ranges: $45K-200K+. |
|
Salary
ranges: typically $100K+. |
| Lump
sum fee payable upon placement. |
|
Fee
paid in weekly, measurable increments based on work
performed. |
|
Up
front retainer followed by additional fees paid in
contractual increments. |
| Fee
typically 25-30% of total compensation package. No
out-of-pocket expenses paid. |
|
Services
billed on an hourly rate plus approved expenses.
Savings typically 25-60%. |
|
Fee
typically 30-35% of total compensation package, plus
expenses. |
| Multiple
hires result in multiple percentage based fees. |
|
Multiple
hires generate no additional fees. |
|
Multiple
hires result in multiple percentage based fees. |
| No
start-up visit. |
|
No
start-up visit unless requested. |
|
Mandatory
on-site visit to client. |
| Not
generally a strategic process. |
|
Assignment
strategy jointly determined. |
|
Assignment
strategy generally determined by supplier. |
| Confidentiality
at risk for both client and candidate. |
|
Client
and candidate confidentiality high. |
|
Client
and candidate confidentiality high. |
| Usually
forwards only resume. |
|
Provide
profile and detailed reports on candidate
based upon an in-depth phone interview , candidate
questionnaire and resume. This and
any other requested information becomes the property
of the client. |
|
Provide
comprehensive reports on candidates and performs
reference checks based upon a personal interview.
Other information retained as proprietary. |
| Send
numerous candidates at various qualification levels
for client to work through. |
|
All
highly qualified and interested candidates are sent
as they are identified and qualified. |
|
Present
on average 3-5 candidates after a predetermined
length of time. |
| Potential
conflicts between firms or firms and clients. |
|
Mutual
interests of the client and candidate are evenly
considered to ensure a successful hire. Can assist,
if required, in negotiations. |
|
Smooth
final negotiations with consultant mediation. |
| Potential
of multiple submittals of candidates creating fee
conflicts. |
|
Single
source of candidate submittal. |
|
Single
source of candidate submittal. |
