monthly billed contingency

Function is flexibility and flexibility the SEARCH System advantage!

Monthly billed contingency is another truly innovative approach to meeting today's recruitment needs.

Much like a contract to hire situation where fees are earned and billed over a period of time; this unique model allows firms large and small to spread recruitment costs over six months or longer AND hire candidates directly from day one.

All we ask is for a modest refundable retainer often calculated around 1/6 of the estimated total fee as an indication of your intent.

advantages & service

• Spread recruitment costs over six months or longer.
• More time to evaluate candidates with pro-rated fees.
• Avoid messy contract to hire conversions and cost.
• Attract more of the right talent by offering the permanent employment immediately.
• Enjoy full service specialist employment agency style service tailored to your needs.
• Specialist technical, executive and administrative recruitment teams available all over LA and Orange Counties.
• Avoid awkward and hard to collect refunds or replacements for failed contingency search.

cost & delivery

• A small refundable retainer often representing 1/6 of the total fee is required to initiate the search.
• The retainer fee is 100% refundable if you are not satisfied with our service or can be applied to a future search(s) if the position is closed or filled by any another means.
• Fees are accrued and earned for the first six months or longer (as arranged) and cease to apply if the employee terminates for any reason, pro-rated to the day of termination.

Here is an example of the payment schedule over six months:

Refundable retainer equal to an estimate of 1/6 of the anticipated fee is due at the time a search order is placed.

1-30 days of employment – free evaluation (Retainer earned at 30 days of employment, refunded or applied toward a replacement if candidate terminates for any reason)

30 days of employment 1/6 of the total fee is due and payable (adjusted to accommodate over or underpayment on retainer estimate)

60 days of employment a further 1/6 of the total fee is due and payable

90 days of employment a further 1/6 of the total fee is due and payable

120 days of employment a further 1/6 of the total fee is due and payable

150 days of employment a further1/6 of the total fee is due and payable

180 days of employment a final 1/6 of the total fee is due and payable

Please note as with all contingency search, resumes submitted will not contain candidates contact information and search methods are defined by SEARCH system agents.

• Not sure you have the perfect candidate but not ready to lose them? Contract or Contract for Hire is the perfect solution.
• Need results yesterday? - Retained search delivers whatever it takes.
• Fed up of the whole frustrating process of recruitment and HR? – Outsource everything with SEARCH System and eliminate liability as your budget is slashed while your employees enjoy low cost, flexible benefits.

Need more information or options? Call for a no-obligation quote or needs analysis 310-496-5796 and ask for Sales.