Talengix Shares the Hiring Risk With Managers by Offering a 'Try Before You Buy' Recruiting Fee Structure
LOS ANGELES, CA--(Marketwire - October 7, 2009) - ITeego, a premier web technology search agency based in Los Angeles, today announced their Performance Payouts(SM) fee structure that eliminates the prohibitive costs and risks synonymous with third-party recruiting agencies. ITeego does so by offering clients a 'try before you buy' fee structure in which incremental payments representing a percentage of the total recruiting fee are spread out over the course of a year and paid only as new hires reach calendar day milestones.
"With Performance Payouts, we help managers mitigate the risk of hiring mistakes by sharing the risk with them. Performance Payouts means paying recruiting fees for a new hire's success on the job, not for a recruiter's success in finding the candidate. The key difference being that recruiting fees are paid for employee results instead of candidate potential," said Kevin Jenkins, Web Technology Search Specialist at ITeego. "The logic is that if a new hire is worth keeping around at 30, 90 and 180 days, then they're worth the recruiting fee. The result is a better allocation of a manager's HR budget and demonstrable value for their recruiting fee investment."
