Have you guys thought about applying this model to f/t roles (i.e. not just contract)? I know contract work may make more sense because of the shorter stints/more business, but perhaps with enough volume, this is something that could work.
I'm a recruiter (used to be an engineer) and recently launched my own firm. This is something I spend a lot of time thinking about, as I find that the incentive structure created by the contingency model where the company is the customer encourages many of the poor behaviors that people associate with recruiting (spamming, cluelessness, bullying, etc.).
Recruiter here with similar ideas. I wrote about an agent model for perm hire last year, was on HN and ad some comments.
Part I and II below
http://jobtipsforgeeks.com/2012/09/17/disrupt/
I'm a recruiter (used to be an engineer) and recently launched my own firm. This is something I spend a lot of time thinking about, as I find that the incentive structure created by the contingency model where the company is the customer encourages many of the poor behaviors that people associate with recruiting (spamming, cluelessness, bullying, etc.).