the company I was attempting to recruit for.
I've got at least one example where I offered a person I knew was good to a company that had hired me in the past. He was rejected without an interview. Being as I couldn't help the guy, I recommended him to an agency that worked with that company, and he got the job. Everyone seemed pretty happy with the deal, the guy stayed on for several years and finally left because the agency involved was incredibly sketchy.
Of course, I didn't get a commission out of the deal. I mean, I'm not complaining too much; when I recommended the guy to the agency, I knew from that point forward that I had zero chance of earning anything from the deal. Maybe that's how it should be? I don't know.
My point is that recruiting goes way beyond just finding good people. Honestly, I'm not sure exactly what the rest of the value you need to provide is, but I do know that I can provide good people, and that simply is not enough.