Agency Profit Margins

[Rantor]

An interesting example of how people use "spin" to justify their position. A contractor wishing to increase his rate seems to be a legitimate business transaction whereas any money that an agency tries to make is "spun" as "greed". Doubly ironic as 99% of recruitment consultants probably earn less than half of what an average contractor "takes".

Bloody hell, I never realised that I always wanted to know what the spiveratti made! So does that mean 40-50k is typical for a contract recruitment bod?

[DodgyAgent]

why , Whats wrong with being transparent ? That does not harm free market economy surely.
All other kinds of agents are forced to declare their commission legally except this lot

There may indeed be some compelling arguments for agencies to disclose margins (what is the client expecting for the money? If he is paying £1000 a day and getting a £500 a day contractor then he isnt going to be happy) but it is as ever the law of unintended consequences that prevails beyond what the do gooder legislators expect.

Estate agents have to disclose their fees as do financial advisors, but these people are drawing their pay from private individuals who are easy meat for the unscrupulous sales person. As far as the agent/contractor is concerned no contractor is going to be exploited to the point of suffering major financial hardship. So from a risk point of view it is not really necessary.

Sorry guys you are just not important enough and nor are you regarded as victims. In fact in the eyes of legislators you are the scum of the earth and the very last group of people that need any form of protection. In fact in the eyes of New Labour you are probably further down the "shoeing order" than us agents (who pay NI) :

[DodgyAgent]

Bloody hell, I never realised that I always wanted to know what the spiveratti made! So does that mean 40-50k is typical for a contract recruitment bod?

For a reasonably good account manager then yes, for a resourcer it will be considerably less. For a high flyer (and there are not many of those) then £100 k plus.

[Bagpuss]

Sorry guys you are just not important enough and nor are you regarded as victims. In fact in the eyes of legislators you are the scum of the earth and the very last group of people that need any form of protection. In fact in the eyes of New Labour you are probably further down the "shoeing order" than us agents (who pay NI) :

This is why all contrators should strive to find direct assignment and organise their own un-value added affairs

[Francko]

Estate agents have to disclose their fees as do financial advisors, but these people are drawing their pay from private individuals who are easy meat for the unscrupulous sales person. As far as the agent/contractor is concerned no contractor is going to be exploited to the point of suffering major financial hardship. So from a risk point of view it is not really necessary.

Does this mean that it's fine to steal as long as you steal from rich people?

[milanbenes]

I suppose through the eyes of those hard working british families who seek fairness the answer is yes

Milan.

[Celtic_Charmer]

Well I found out today that for some really obscure reason the agency myself and a few other contractors are with is paying us all the same rate but charging the client £100 per day more for me than the others? How do they figure that one out??

[wendigo100]

Well I found out today that for some really obscure reason the agency myself and a few other contractors are with is paying us all the same rate but charging the client £100 per day more for me than the others? How do they figure that one out??

Without you knowing, the agency has told the client: "sorry, but he'll walk if he doesn't get an extra £100."

No risk to the agent.

It's a nice little trick. They laugh when they pull that one off.

[threaded]

They laugh when they pull that one off.

I thought the 'pulling off' was the shoot the biscuit game during the celebratory party.

[DodgyAgent]

Does this mean that it's fine to steal as long as you steal from rich people?

You Franko in the eyes of everyone else are the rich. Like it or not if a recruitment agency is seen to be exploiting you, no one will give a damn. In the eyes of others you earn tulip loads of money without taking any responsibility for the work that you do. To most lefties you are tax avoiding scummy parasites. Interestingly you try your damndest to apply this tag to agencies but in reality you come across merely as rich priviliged whingers.

I counter that the contractor model is the most effective and efficient way to employ someone, but some of you commit gross hypocrisy when you start whining about your lot.