Is 13% mark up good or bad for an Agents margin?

[Bluebird]

10% to 15% is norm, but don't get too hung up on it.

If you've got the gig and you're happy with the £ then forget about it - it's not worth worrying about

[sli_gryn]

my first contract, the client let slip what the agency was asking as a daily rate. based on what they were offering me, they were making 25%. of course, when it came to the final negotiations, "everything has changed" and they tried to cut my take by a further 10%, stuck to my guns and got them back to 20% of the total.

left me with that slimy feeling afterwards, (fec*ers trying to stiff me 5% for what?), but have got it across the line...

13% sounds pretty reasonable, however, i'm just off the boat myself

[XTC]

13% is good, my last contract was 11%. You won't really get much lower than 10%

[andy]

Just found out that, to use the language of this thread, that my agency is paying me 66% of the client charge. Just been offered a long extension, and have just asked agency for my first ever increase....gulp!! I have the negotiatory power of a handkerchief in a handbag

In my experience nothing works with these slimy beings until you threaten to walk out.

[Burdock]

Just found out that, to use the language of this thread, that my agency is paying me 66% of the client charge. Just been offered a long extension, and have just asked agency for my first ever increase....gulp!! I have the negotiatory power of a handkerchief in a handbag

[andy]

13% ? Is that what agent is telling you ?
It seems too low.

[tino]

Well I discovered mine yesterday to ba a ridiculous 40%

I'm happy with my rate but god help him come extention time

[Vito]

No no no. You take the cut not him. He set the deal with the client, you set the deal with him. He gets the money and gives you what you agreed to work for. The agency money is not a markup on your rate, your money is a slice of their income. Get that straight and you will save a lot of soul searching.

Meanwhile, 13% is entirely reasonable

Surely you should be saying that 87% is entirely reasonable!

[malvolio]

No no no. You take the cut not him. He set the deal with the client, you set the deal with him. He gets the money and gives you what you agreed to work for. The agency money is not a markup on your rate, your money is a slice of their income. Get that straight and you will save a lot of soul searching.

Meanwhile, 13% is entirely reasonable

[timh]

Better than most, IME.

[senditback]

my agent takes that cut

[MarillionFan]

Depends if you're the agent, client or contractor? Please be more specific.

[senditback]

Is 13% mark up good or bad for an Agents margin?