There have always been two types of executive search firms in the recruiting industry, which are a contingency search and a retained search.
A search firm is compensated when the client’s company decides to hire a candidate that the firm has presented them with.
A company compensates a search firm to find and recruit candidates on an ongoing project basis.
The primary difference between a contingency and a retained search is why the executive search firm is hired and when will the due payment from the client to the executive search firm made.
At HCR Malaysia, we cater to both contingency and retained search. Our executive search focuses on attracting experienced and highly skilled senior managers and executives to fill strategically important roles within an organisation. Typical titles such as C-suite, President, General Manager, Vice President (all guises), Director (all guises) and Senior Management are our usual clientele. Whether the role has a strategic oversight, either for the entire organisation (top-level management) or for a division or department (middle-level management), appointing HCR Malaysia will be the best decision you will ever make as we specialise in a vast type of industries.
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