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Agency margin

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    #41
    Originally posted by MarillionFan View Post
    Present agency is on 8%. It was 10% but I nicked a few extra quid on the last renewal.

    For me 8-15% is the range. Less than 8, the agency must have a lot of contractors on site, more than 15% agency is trying it on. More than 20%
    That's fair. In an ideal world, we all want to be making more money, but sometimes we have to share the pain of this Bulltulip economy. I would agree to 15% for a brand new client without too much of a fight - with guarantees of further business, I can probably be pushed as well.

    The only exception to that, is where the area worked within is extremely niche - then you can probably justify a higher margin - that doesn't tend to hold true in the IT world though.

    I'm simply going to ignore the view of the internal person - DA's points are all the things I wanted to say, but held back on.
    "Being a permy is like being married, when there's no more sex on the cards....and she's got fat."
    SlimRick

    Can't argue with that

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      #42
      Reasonable

      My agent takes 15%.

      I've just negotiated after a 1 year contract, a further 6 months with the client with an increase of £25 per day so I am going to look to get them to pass on some of there fee to me going forward - no idea if they will go for it but that seems reasonable?

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        #43
        Originally posted by SneakySimon View Post
        My agent takes 15%.

        I've just negotiated after a 1 year contract, a further 6 months with the client with an increase of £25 per day so I am going to look to get them to pass on some of there fee to me going forward - no idea if they will go for it but that seems reasonable?
        Yeah, they can come down to 7% and give you some more, no problems.
        Free advice and opinions - refunds are available if you are not 100% satisfied.

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          #44
          I try not to worry about it, but I know mine's 20%. Only know 'cos the client ask me to raise the PO for my own extension

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            #45
            Originally posted by Project Monkey View Post
            I try not to worry about it, but I know mine's 20%. Only know 'cos the client ask me to raise the PO for my own extension
            Give yourself pay rise out of the agency's margin then!
            Free advice and opinions - refunds are available if you are not 100% satisfied.

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              #46
              I discovered (perhaps a little to conveniently) mine is making less than 7%

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                #47
                My soon to be ex-agent, takes 26%. Not ready to negotiate anything during the extension. I havent told him that I have a new gig lined up after this one, and I am not extending. He is in for a shock.

                Comment


                  #48
                  Originally posted by rd409 View Post
                  My soon to be ex-agent, takes 26%. Not ready to negotiate anything during the extension. I havent told him that I have a new gig lined up after this one, and I am not extending. He is in for a shock.
                  He hasn't told you he's already advertising for a replacement, just in case.

                  I am curious because I went direct to a previous client this time and they threw an agency in the works. Any guesses on what rate they would be looking at, seeing as they did no leg work to get the role.
                  Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

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                    #49
                    Originally posted by Scrag Meister View Post
                    He hasn't told you he's already advertising for a replacement, just in case.
                    I work with a specialized skill set , that is not much available. The agent does not know, that there are 10 agents chasing one job, and there's only 1 candidate available for every 3-4 jobs in market ATM. Also if he wants to replace me, it's not going to be easy as the client are already p!$$ed off by the way he has handled the could-be extension. I don't see them giving him a second chance.

                    If the agents here wants a heads up, PM me.

                    Comment


                      #50
                      Originally posted by Scrag Meister View Post
                      He hasn't told you he's already advertising for a replacement, just in case.

                      I am curious because I went direct to a previous client this time and they threw an agency in the works. Any guesses on what rate they would be looking at, seeing as they did no leg work to get the role.
                      I would try for 10% margin (i.e paying you 90% of the total paid by the client) - However I would negotiate down to 5% before it becomes completely not worth it.

                      Hope that helps
                      "Being a permy is like being married, when there's no more sex on the cards....and she's got fat."
                      SlimRick

                      Can't argue with that

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