Contingency Recruitment is Broken!
The traditional contingency recruitment model, especially in the dynamic US Medical Device Manufacturing industry, is increasingly seen as inefficient and outdated. With high fees for CVs, prolonged hiring times averaging 44 days, and short-term guarantees that add pressure during the critical initial months, companies are facing significant hurdles in talent acquisition. This approach often leads to high turnover, missed opportunities, and a potential toxic work culture, undermining growth and productivity. Progressive hiring methods, leveraging partnerships, extended guarantees, and technology, promise a more efficient, candidate-focused process that aligns with modern business needs and accelerates hiring, marking a crucial shift towards strategic talent management.