There are two kinds of executive search firms; _____ firms typically charge a fee only when a candidate is hired.
A) contract
B) consulting
C) contingency
D) retainer

Question

Quizplus · Accepted Answer

Contingency firms typically work on a "no hire, no fee" basis, meaning they only get paid if a candidate they recommend is hired by the client company. This model incentivizes contingency firms to present only the best-matched candidates to their clients.

There Are Two Kinds of Executive Search Firms; _____ Firms