Charging referral fee to agent

[DieScum]

Has anyone ever charged a referral fee to an agent?

Got an approach for a 75k permie job. Not interested but got a few mates who might be.

No idea what the agent would charge for a finders fee - 10k+. So I'm thinking of suggesting a 2k fee for introducing someone who is interested, and uniquely qualified in a niche field, in the job.

How would you nail that down legally? Get it in writing? Get a contract drawn up?

Anyone done this before?

[Liability]

Has anyone ever charged a referral fee to an agent?

Got an approach for a 75k permie job. Not interested but got a few mates who might be.

No idea what the gaent would charge for a finders fee - 10k+. So I'm thinking of suggesting a 2k fee for introducing someone who is interested, and uniquely qualified in a niche field, in the job.

How would you nail that down legally? Get it in writing? Get a contract drawn up?

Anyone done this before?

You will not get 2k mate.

£500 is the max generally but if they are good and totally suitable for the role you can try and pull it off with them

[DieScum]

Not really worth my time and effort for 500 quid.

[DodgyAgent]

Has anyone ever charged a referral fee to an agent?

Got an approach for a 75k permie job. Not interested but got a few mates who might be.

No idea what the agent would charge for a finders fee - 10k+. So I'm thinking of suggesting a 2k fee for introducing someone who is interested, and uniquely qualified in a niche field, in the job.

How would you nail that down legally? Get it in writing? Get a contract drawn up?

Anyone done this before?

get it in writing before you reveal the name. They will pay, but only if you formalise the arrangement.

[thunderlizard]

Agencies always say £500 fee, but of course that's crazy. If you asked them to find you somebody for £500 they would laugh at you and rightly so. In my sporadic experience they're good for about 8% first year salary, which leaves them about 22% which is about fair because they've done the harder bit.

[DodgyAgent]

Agencies always say £500 fee, but of course that's crazy. If you asked them to find you somebody for £500 they would laugh at you and rightly so. In my sporadic experience they're good for about 8% first year salary, which leaves them about 22% which is about fair because they've done the harder bit.

£500 is an opening gambit but like everything else everything is negotiable

[DieScum]

So what would a typical agent fee for a 75k permie role be. 8%?

[expat]

Agencies always say £500 fee, but of course that's crazy. If you asked them to find you somebody for £500 they would laugh at you and rightly so. In my sporadic experience they're good for about 8% first year salary, which leaves them about 22% which is about fair because they've done the harder bit.

Agencies routinely find people through other agencies. How much will Agency A pay Agency B for finding a profitable body? They should pay you the same. Indeed 8% seems reasonable. £500 is taking the piss.

[DodgyAgent]

So what would a typical agent fee for a 75k permie role be. 8%?

15%-25% usually 20%

[DieScum]

Wow, 20%. You guys must be minted.