Originally posted by Mick dee
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Reply to: How much do recruitment agents take?
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Previously on "How much do recruitment agents take?"
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Originally posted by Mick dee View PostI'm not sure where this culture of agents have come from there a parasite plain and simple and your comment above is absolute rubbish agents rob your money plain and simple, you agree a rate not because your happy but because you are conned in to believing that's all your worth. They are not needed and do nothing. I have gone direct many times now made a lot more money, stayed longer, been less inclined to look for another contract and the client has saved a bundle of money and gotten a much more harmonious working relationship, Win win! Every time a worthless greedy agent gets involved it causes nothing but trouble. They are the main reason for suppression of rates taking bigger and bigger cuts! I always discuss with the client the rates and what I'm being paid, if I am using an agent, to find out how much there scamming, max they should be allowed is a few pound an hour on top of what your earning, because your the one doing the work all they have done is maybe filter out cvs saving some time in HR.
Contractors please wake up to these scam artists no marks who let's face it wouldn't exist if common sense was used!
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How much do recruitment agents take?
Clients use agents because they can't be arsed with the administration hassle of dealing with a lot of different contractors.
It's a simple as that.
(And since this is your first post I'll let it pass but please read the T&Cs of this forum. Aggressive rudeness is frowned upon in the Professional forums.)
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Originally posted by malvolio View PostThe usual newbie mistake - they aren't taking 25% of your rate, you are getting 80% of theirs...
And yes it is still a bit high, but who cares - it's what you get that matters, and since you have agreed to it, presumably you were happy with it.
Contractors please wake up to these scam artists no marks who let's face it wouldn't exist if common sense was used!
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Originally posted by mailric View PostOf course it makes a difference what % the agency get.
If they are charging the client a huge fee for your services the client expects to get their monies worth.
So if your working for £300pd and the Agent is charging client £600pd, yet the guy sitting next to you is also being paid £300 but the Agent £400, the client's expectation on you is far greater than the fella next to you...
Same argument for the client: if they accepted you at that rate (and you were honest about what you were offering) then they accepted it. They should live with it too.
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Originally posted by malvolio View PostThe usual newbie mistake - they aren't taking 25% of your rate, you are getting 80% of theirs...
And yes it is still a bit high, but who cares - it's what you get that matters, and since you have agreed to it, presumably you were happy with it.
It follows from this that the agent is your client, or rather main contractor, so that a different agent who may happen to have the same end client, is really a different client for you. You need therefore feel no obligation to sub-subcontract to a given end client with any particular agent, for example the one who happened to call you first
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of course it makes a difference
Of course it makes a difference what % the agency get.
If they are charging the client a huge fee for your services the client expects to get their monies worth.
So if your working for £300pd and the Agent is charging client £600pd, yet the guy sitting next to you is also being paid £300 but the Agent £400, the client's expectation on you is far greater than the fella next to you... meaning you get more shlt, and of course your out of the door first if their budgets start to get tight.
Regardless of any factoring and job searching service the Agency provide, some of the %s are far too high for the value they actually add.
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Originally posted by NickFitz View PostThe big problem I faced was getting ClientCorp's Accounts Payable department to actually process invoices in a timely manner - if I had been working through an agency, then I assume they would have managed to get all that sorted out (thereby justifying their commission), whereas I had to deal with all that crap myself.
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Originally posted by Fred Bloggs View PostMy experience of "going direct" is dismal. .
The chances of getting a direct contract with one of them is slim to none.
At my current client, not only is the chance of my getting a direct contract zero, the chance of an agency getting in is only slightly better. Almost all of the managers insist on recruiting through the local software houses who then farm the jobs out to contract agencies because they can't resource them internally.
Fortunately, I am working though one who have set up a reasonable 'deal' with my agency, but I was offered the same job through different software houses at almost 20% less.
ISTM that, if I want to work, I have no choice but to use agencies. I don't think that expecting them to be more transparent about the contractual terms is unreasonable.
tim
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My first contract was through a split agency deal i.e. one set of pimps selling me to another set, when I found out how much the client was paying for me I worked out they were taking over 40% between them, managed to get this down to under 30% at renewal time, but i still felt like I was getting the sh!t end of the stick.
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I'm currently working direct with NewClientCorp, and was also direct with previous ClientCorp. However, this is simply because I was approached (in the pub after a conference) and asked to come and work with ClientCorp, and the same chap who'd approached me then moved to NewClientCorp at the same time as ClientCorp had found they couldn't renew my contract (a global hiring/renewal freeze, on orders from California).
The big problem I faced was getting ClientCorp's Accounts Payable department to actually process invoices in a timely manner - if I had been working through an agency, then I assume they would have managed to get all that sorted out (thereby justifying their commission), whereas I had to deal with all that crap myself.
On the bright side, I went through all the necessary hoops on their time, so they were paying me to deal with the delays in payment caused by their own accounts peopleLast edited by NickFitz; 3 March 2008, 03:30.
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Mine charge 25% on top of my daily rate.
The most I have experienced was an agent that charged 45% on top of my daily rate.
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