Contingency Search
A Contingency Search Model is a type of recruitment method and contractual agreement where the recruitment firm provides a service of searching and identifying suitable candidates for a client company and the firm only receives a fee if they successfully place a candidate with the client company. The fee is typically a percentage of the […]
contract
Basic Definition: General Definition of a Contract A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of their relationship. It specifies the rights and obligations of each party and can cover a wide range of agreements, including sales, services, and employment. Employment Contract An employment contract […]
contracting
Contracting in Recruitment Contracting in the recruitment sector refers to the practice of hiring individuals or firms to perform specific tasks or services for a limited period, under a contract. Unlike permanent employees, contractors are typically engaged for a fixed duration or for the length of a particular project. Key aspects of contracting include: Temporary […]