Originally posted by gazelle
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How much do agents take?
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Originally posted by cannon999 View Post
Exactly this. Such a pointless industry. Clients probably just don't realise that for the amount of money they pay to agencies they could have funded their own recruitment process.Last edited by eek; 6 November 2021, 18:56.merely at clientco for the entertainmentComment
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Originally posted by vwdan View Post
I still feel like you're exaggerating the disconnect between the two. Yes, there's a legal one and it's absolutely critical for a contractor to remember it. But you're talking about agencies more like one would talk about a professional services company.
It's not that they manage your budget, it's that there's clearly a very close relationship between contractor and client. If it was all delegated to the agent then they'd be interviewing me and the first time I was introduced to a client would be the day they start.
But its not, we have a chat about rate, I go and speak to the client and an offer is made. If I push back, then that may well and often does prompt the agent to go back to the client and give them the choice to either pay more or lose me, or call my bluff.
Last client I had had a clear dashboard with all of the agency contractor submissions outlining contractor rate, and margin. I'm sure that's far from unique.
They're an intermediary and I think it's unusual to see them as the product. Especially contrasted to, say, a professional services company supplying resources.
I appreciate your experience and I'm not disputing it, it's just not really my experience or at least how I would phrase it. But my world is quite special and I'm probably a but more ad hoc and headhunted than most, so I do sincerely accept that my experiences may not be indicative of rank and file programmer or whatever
That said in the general humdrum of day to day contracting these points aren't that important. We don't bother about employment (or not) status of a contractor or the chain of contract for 99% of the time and just get on with it. So I think it's right to know but also not to get hung up on and continue to negotiate as usual etc.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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another reason why clients use agencies are procurement rules.
If a client hiring manager can only direct award a maximum of say £25k, then for a 3 month contract (assumed value of £30k) he's either going to need to go to tender (months to get someone started), or use an agency that has already passed the criteria and he can just get a PO for £30k to the agency.
Most of the people who bash agencies have not got a clue how businesses actually work.
See You Next TuesdayComment
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I'm glad IR35 came in and reduced the contracting market significantly to weed out a lot of frauds.
In all my years of contracting I had never met a bunch of miserly, cynical and entitled bunch of people as I did most contractors I encountered. I could automatically discount the intelligence of anyone who said "why should an agency make profit every day from me" and give them a wide berth. Unfortunately these people were everywhere.
Back on topic; I'm with Hays on an Outside contract at the moment and they've been great and only take a pitiful 5% margin. Some people would probably try and complain that that's too much...Comment
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Originally posted by ensignia View PostBack on topic; I'm with Hays on an Outside contract at the moment and they've been great and only take a pitiful 5% margin. Some people would probably try and complain that that's too much...
Or haven't you been paying attention?Blog? What blog...?Comment
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Originally posted by Lance View Postanother reason why clients use agencies are procurement rules.
If a client hiring manager can only direct award a maximum of say £25k, then for a 3 month contract (assumed value of £30k) he's either going to need to go to tender (months to get someone started), or use an agency that has already passed the criteria and he can just get a PO for £30k to the agency.
Most of the people who bash agencies have not got a clue how businesses actually work.Blog? What blog...?Comment
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Originally posted by malvolio View PostBack on topic. (a) You get 95% of what Hays have agreed with the client what they think the role is worth, (b) Hays get a miserly 5% because they have a lot of contractors on their books and have set up a long term commercial deal with their client from which you are benefitting and (c) regardless of their margin you wouldn't have got any more anyway, and probably rather less.
Or haven't you been paying attention?Comment
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Originally posted by malvolio View Post.... to prevent them hiring their mates at ludicrous rates.....See You Next TuesdayComment
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Originally posted by ensignia View Post
Sorry, what point are you trying to make here?Blog? What blog...?Comment
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