PropTech Recruitment: What is Contingency Recruitment?

If you’re looking to onboard for your PropTech company, there are a few things to consider. After you’ve looked at why you’re hiring, or some top tips behind PropTech recruitment, one of the biggest things to consider is what type of PropTech recruitment you’re looking for. When it comes to recruitment, contingency recruitment is a great offer for you and your company. It’s a lower-risk strategy that still ensures your PropTech company gets the best candidate for the job. But, what is contingency recruitment?  

What is Contingency Recruitment?

Contingency recruitment is a type of recruitment whereby a recruitment company will only collect a fee from their client if a candidate is successfully found and placed in their required position. In essence, if your PropTech company is looking for a candidate to fill a marketing job, you’ll only need to pay the recruitment company you choose if they find a candidate you’re happy with and if that candidate fills the marketing role. Fees for contingency recruitment can differ, but they often range from around 12.5 to 20 percent of the candidate’s first-year salary.   

Why Consider Contingency PropTech Recruitment?

So, why should you consider contingency PropTech recruitment over other recruitment methods? You do have a lot of options when it comes to recruitment. You may be weighing up which is better between PropTech recruitment companies or manually searching, or you may be looking at different types of recruitment. When it comes to contingency recruitment, though, it’s certainly the lowest risk strategy. It may end up cheaper to manually search, using platforms like LinkedIn, but outsourcing PropTech recruitment is beneficial. This is because you’re saving time, which is as valuable as money when it comes to running a business. Not only do you save time opting for a PropTech recruitment company, but you’re also putting your trust in professionals, and when it comes to contingency recruitment, you only have to pay if the process is successful.  

Contingency Recruitment For your PropTech Company

Dalton Buck can help with your contingency recruitment process, as we can also offer bespoke advice tailored to your company. Whether it’s tips on remote interviews or finding the best candidate for your business’ culture, we can help place the correct candidate in the correct role. We have experience and we offer competitive rates. So, no matter who you’re looking for when it comes to the world of PropTech, our industry knowledge is unparalleled. From knowing which PropTech innovations are driving the industry, to understanding the needs from real-estate to facilities management, we can help. To find out more about how Dalton Buck’s PropTech recruitment company can find you the best candidate for your new role, you can contact us here. We’re happy to help you every step of the way!