Recruitment Agency Fees

CatFromHue

I was just wondering how much do recruitment agents get paid, does anyone know?

Say for example they're recruiting for a permanent position where the salary is 35K and have been asked to shortlist 3 candidates.

tatli_lokma

if the candidate they supply gets placed and lasts in the job x amount of months (depends on the contract between the agency and the companythey are recruiting for) then they get a percentage of the annual salary. Again this is negotiable. I have seen commission rates to agents from 2% up to 15%. There is no set amount - its down to the agreement that the company negotiates with the recruitment agency.

Procrastastudy

During the boom, fees for retail managers were as high as 20% ofter six months. I know because thats what a company paid for me

(EDIT: I can only speak to retail recruitment.)

CatFromHue

CatFromHue wrote: »

I was just wondering how much do recruitment agents get paid, does anyone know?

Say for example they're recruiting for a permanent position where the salary is 35K and have been asked to shortlist 3 candidates.

The fee's are whatever the agent agrees with the client. Some clients negotiate, some not so much. Changes a lot from sector to sector.

In terms of earnings, I know recruiters who are paid crap, and I know recruiters that comfortably earn over six figures a year, depends on how hard you work and how good you are.

PM me if you want more information.

P_1

Is the commission they earn for a successful placement payed separately to the recruitment agency by the hiring company or do they take a %age of the successful candidate's salary?

Genuinely curious about this

tatli_lokma

P_1 wrote: »

Is the commission they earn for a successful placement payed separately to the recruitment agency by the hiring company or do they take a %age of the successful candidate's salary?

Genuinely curious about this

it's commission. The placed employee doesn't pay - they are not the client. The company pays for the service via commission

Mrs OBumble

OP, do you want to know how much recruitment companies charge their clients, or how much of that the individual recruiter gets - and how much an individual recruiter might make depending on the volume of work they get?

When I was temping for a company that supplied hospitality and clerical staff, the standard charge to the company was around 30% of the worker's hourly cost. (I know because my tasks for the client involved opening the mail and tracking invoices ) They were willing to negotiate this for larger clients, though.

But while the recruitment-agency staff are on commission, I'm sure they aren't seeing anything like that: the 30% had to cover employer PRSI (about 10%), holidays (8%), admin & payroll costs ...

CatFromHue

Thanks everyone some interesting info there.

My only reason for this thread is curiosity really. I'm not going to be a recruiter or anything but I have applied for jobs through agencies in the past and just wondered how much they got paid.

Would an agency get a fee for say supplying 5 candidates for job interviews? The reason being that say they supply 5 candidates for an initial interview, the company then want to bring back 3 for a second interview and then take another week to decide who they will offer the job to. This whole process could take 3 weeks in total and I'm wondering that if after the second interview all 3 short-listed candidates get offered jobs elsewhere would the agency get paid anything for their work?

r3nu4l

CatFromHue wrote: »

Would an agency get a fee for say supplying 5 candidates for job interviews? The reason being that say they supply 5 candidates for an initial interview, the company then want to bring back 3 for a second interview and then take another week to decide who they will offer the job to. This whole process could take 3 weeks in total and I'm wondering that if after the second interview all 3 short-listed candidates get offered jobs elsewhere would the agency get paid anything for their work?

Nope, they get nothing unless a candidate is placed (at least that's how it works in England). Also, in my experience (working with recruiters in England, in my sector), if the successful candidate leaves the company or gets sacked within the first six months, the recruitment agency must refund the entire fee. If the person is sacked within twelve months, then usually only a part of the fee is refunded. I've used loads of recruiters to find work myself (as a candidate) and I've used them when I've been recruiting (as a client of theirs).