Headhunted

[NotAllThere]

I thought for permie jobs the salary was unaffected by agent's margin.

 

[Mich the Tester]

I thought for permie jobs the salary was unaffected by agent's margin.

You really are Not All There are you?

Everything is affected by the agent's margin. The company can spend x groats on finding, recruiting and paying someone. Therefore the salary is x-the other costs.

 

[DodgyAgent]

You really are Not All There are you?

Everything is affected by the agent's margin. The company can spend x groats on finding, recruiting and paying someone. Therefore the salary is x-the other costs.

Mitch

You have had just one too many kicks in the head at the bottom of the ruck.

The agents fees are three stage payments and they are not deducted from the candidates pay. Clients usually deduct headhunter fees from their IT contractors budgets

 

[Mich the Tester]

Clients usually deduct headhunter fees from their IT contractors budgets

Quelle surprise

 

[EternalOptimist]

If you are a contractor the agent tries to screw your rate down
If you are a permie, they try to jack your rate up



thats what I always thought

 

[GardenGirl]

I thought EO was right because I thought the agents get an introduction fee for Permies which is a percentage of what they earn I think so the more the better.

With contractors they seem to do what they want, although I think the general rule of thumb is that they agree a rate for the contractor and then their % markup is on top, but I think we all know that not all of them are that honest.

I've seen one agency with a 110% markup (based on actual invoices vs contractors invoice) although the client thought they were paying 10% markup, however that agency was booted as soon as they found out.

 

[NotAllThere]

Mitch

You have had just one too many kicks in the head at the bottom of the ruck.

The agents fees are three stage payments and they are not deducted from the candidates pay. Clients usually deduct headhunter fees from their IT contractors budgets

That's how it worked when I was a hiring manager. We set the salary. Agency fee was on top of that. ( Purchasing would negotiate a discount off the standard agency rate, and the agent would negotiate the salary up, thereby negating the discount and making the new employee more expensive than if purchasing had let well enough alone. Everyone was happy. )

 

[ace00]

I was genuinely headhunted once.

I guess they didn't catch you then. Or did you manage to re-attach your little shrunken head?

 

[Mich the Tester]

Headhunter from Borneo negotiates margin with DA.