What Types Of Different Recruitment Agencies Are There? In the ever-growing job market demand, people often decide on enlisting themselves in a recruitment agency to land a job that they always dream of. Depending upon the various requirements the recruitment agencies are classified into different types. The requirements can be, whether you are experienced or just starting your career, the location you want to work in, the niche, and the flexibility you require. Here the talk is not about differences like recruitment agency in hyderabad the difference lies in the overall type of the agency. So let us look at the different types of recruitment agencies. Types Of Recruitment Agencies:
1] Contingency Based Agencies: Suppose an example of a Leading recruitment agency in Hyderabad, this company is known as contingency agency if it is a direct employment. In this type, the agency shortlists the candidate based on their skills and the companies requirement. An interview is conducted thereafter and the company receives the payment from the client company for every hired candidate. It can be a fixed amount predetermined by the company or a certain percent of the candidate’s first salary.
2] Retained Agency: A retained agency often deals with senior-level position hiring for a certain company and is often termed as executive search firms. Suppose Best recruitment agency in Mumbai is a retained search agency then they deal with all the executive level hiring. These companies receive half the price of recruitment before the search of the candidate which is generally non-refundable, when it provides the company with a suitable client it receives the other half payment.
3] Temporary Agencies: These agencies are often coined as staffing agencies whose primary work lies n hiring staff for the company for its temporary positions. As companies can sometimes be affected by the lack of employment in their certain sectors during those periods these agencies come into play. The candidates often get paid on an hourly basis for
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