Reply to: Agency commission

[hugebrain]

I don't think I said that working on a percentage basis was not doing well. Maybe it's in the tiny invisible writing, but I've just re-read it, and I can't see it there.

I'm sure that you're right though, whatever your point is.

Always ready to help the disabled.

The boxy thing at the top shows what is quoted. "then they don't" is the specific place where you said that a £10/hr mark-up isn't doing very well.

[threaded]

You're slipping - there was no link there to YouTube

You didn't see it?

[TheFaQQer]

yeah right!!!

btw - I always thought it was some sort of pasta. Some sort of gnochi stuff.

gnocchi

[realityhack]

Spooky - are you me?

Does it matter? We're both Spartacus anyway.

[SallyAnne]

Apart from DA, who we love.

yeah right!!!

btw - I always thought it was some sort of pasta. Some sort of gnochi stuff.

[TheFaQQer]

Threaded - are you ok? You didn't post a link to your youtube video!

You're slipping - there was no link there to YouTube

Spooky - are you me?

[TheFaQQer]

Only agents who play the percentages do that. What I would call a proper agent will make maybe 3 or at a push 4 calls to place you.

Yet to be in a position to make those 3 or 4 calls they've had to work quite hard.

You're slipping - there was no link there to YouTube

[realityhack]

Only agents who play the percentages do that. What I would call a proper agent will make maybe 3 or at a push 4 calls to place you.

Yet to be in a position to make those 3 or 4 calls they've had to work quite hard.

Threaded - are you ok? You didn't post a link to your youtube video! [edit] other than in your signature... come on man - don't slack now. [/edit]

[threaded]

In order to get one client for you, they may well have to make over 200 calls. And to get the candidates for the client, they may have to make a fair few calls as well. Maybe 0.5% of the calls make actually produce a result. Having said that, they're still all lazy, greedy, stupid, untrustworthy scum.

Only agents who play the percentages do that. What I would call a proper agent will make maybe 3 or at a push 4 calls to place you.

Yet to be in a position to make those 3 or 4 calls they've had to work quite hard.

[TheFaQQer]

Having said that, they're still all lazy, greedy, stupid, untrustworthy scum.

Apart from DA, who we love.

And is obviously still recovering in a Paris gutter somewhere.

[NotAllThere]

In order to get one client for you, they may well have to make over 200 calls. And to get the candidates for the client, they may have to make a fair few calls as well. Maybe 0.5% of the calls make actually produce a result. Having said that, they're still all lazy, greedy, stupid, untrustworthy scum.

[TheFaQQer]

I don't think I said that working on a percentage basis was not doing well. Maybe it's in the tiny invisible writing, but I've just re-read it, and I can't see it there.

I'm sure that you're right though, whatever your point is.

Nope - just read it again, and it doesn't say that a percentage basis isn't doing well.

[TheFaQQer]

So 20 grand a year for making four phone calls and doing some simple paperwork is not doing very well? No wonder people like you get ripped off so much! If they do that once a week, it's a million squid a year.

I don't think I said that working on a percentage basis was not doing well. Maybe it's in the tiny invisible writing, but I've just re-read it, and I can't see it there.

I'm sure that you're right though, whatever your point is.

[hugebrain]

If they are working on a fixed budget, then they are given (e.g.) £100 an hour + VAT to find someone. If they can find someone at £10+VAT an hour, then they keep the rest and do very well. If they have to find someone at £90+VAT then they don't. In this scenario, it is in their interest to find the lowest paid contractor so that they make the most money.

So 20 grand a year for making four phone calls and doing some simple paperwork is not doing very well? No wonder people like you get ripped off so much! If they do that once a week, it's a million squid a year.

[TheFaQQer]

Excuse the 'obvious' question from a first timer...

A position is advertised at say £40/hour.

Is that what I get paid from the agency i.e. they add commission on top of this and charge the client £50 or whatever... or
Do the agency take their commission out of the £40 so I get less.

Or does it depend on the agency/contract?

One agency said they were 'transparent on their rates which were between 18% and 21%'. This means nothing to me but obviously it should.

Can anyone enlighten me please

There are two ways that an agency can work. Either they work on a percentage commission, or they work on a fixed budget. This sounds like to former - you get £40+VAT and they bill the client £40+commission+VAT. Therefore, it is in their interest to get you the biggest rate that they can. This is typically the model used for preferred supplier lists.

If they are working on a fixed budget, then they are given (e.g.) £100 an hour + VAT to find someone. If they can find someone at £10+VAT an hour, then they keep the rest and do very well. If they have to find someone at £90+VAT then they don't. In this scenario, it is in their interest to find the lowest paid contractor so that they make the most money.