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Contractors & Recruitment Agencies

JaMarcusHustle · 2017-09-21 08:12:21

Can someone tell me how this works re: what the recruitment agencies incentive is? I know for full time/permanent employees they typically get a % or a finders fee. I had heard that for contractors, the company is typically willing to pay X amount per hour/day and that it is often paid to the recruitment agency, who…

21-09-2017 8:12am

#1

JaMarcusHustle

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Can someone tell me how this works re: what the recruitment agencies incentive is?

I know for full time/permanent employees they typically get a % or a finders fee.

I had heard that for contractors, the company is typically willing to pay X amount per hour/day and that it is often paid to the recruitment agency, who forward it on to the contractor. Thus, it's in the agencies best interest to get a lower rate for the contractor, meaning they retain a higher amount (X - the amount the contractor takes).

Anyone any idea if this is true or how it really works?

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