Originally posted by AtW
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Originally posted by teabagTrue, an efficient market is essentially a subjective / qualitative as like most of economics...Comment
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Why should it be a big secret who takes what cut? When a Financial Advisor sells you some form of policy, it is made very clear how much commission they will get paid as a result of the sale. Okay, so that business is regulated through the FSA and I'm not sure there's much mileage in regulating the recruitment business, but isn't it just being open and honest (adult?) about everyone knowing:
a) What the client is paying
b) What the agent's cut is
c) What your rate is
At the moment, the only party who is certain to know the answer to all 3 is the agent.
Or am I missing something here...?Illegitimus non carborundum est!Comment
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Originally posted by FlubsterWhy should it be a big secret who takes what cut? When a Financial Advisor sells you some form of policy, it is made very clear how much commission they will get paid as a result of the sale. Okay, so that business is regulated through the FSA and I'm not sure there's much mileage in regulating the recruitment business, but isn't it just being open and honest (adult?) about everyone knowing:
a) What the client is paying
b) What the agent's cut is
c) What your rate is
At the moment, the only party who is certain to know the answer to all 3 is the agent.
Or am I missing something here...?Comment
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Originally posted by FlubsterWhy should it be a big secret who takes what cut?
They also don't want it to be known because they operate on a non-fixed price basis - basically rip off the inexperienced and have smaller margins with those who experienced, if they start publishing it then prices will average out and this would change their model dramatically.Comment
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Originally posted by AtWThose who get a lot more than they are clearly worth would not want such an amount to be published because it would endanger their earnings.
They also don't want it to be known because they operate on a non-fixed price basis - basically rip off the inexperienced and have smaller margins with those who experienced, if they start publishing it then prices will average out and this would change their model dramatically.
Come on @gents, let's have a bit of transparency here. We all know what's going on...we know you're here...so let's dance.Illegitimus non carborundum est!Comment
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