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How much do recruitment agencies charge?

The fees which recruitment agencies charge can be significant, especially with higher-paid staff.

As a general rule, a recruitment agency will charge between 10-30% of the base annual salary.

The table below highlights the predicted recruitment agency fees for base salaries of £20,000 to £100,000.

Base Annual Salary 10% 15% 20% 25% 30%
£20,000 £2000 £3000 £4000 £5000 £6000
£30,000 £3000 £4500 £6000 £7500 £9000
£40,000 £4000 £6000 £8000 £10,000 £12,000
£50,000 £5000 £7500 £10,000 £12,500 £15,000
£60,000 £6000 £9000 £12000 £15000 £18000
£70,000 £7000 £10,500 £14,000 £17,500 £21,000
£80,000 £8000 £12,000 £16,000 £20,000 £24,000
£90,000 £9000 £13,500 £18,000 £22,500 £27,000
£100,000 £10,000 £15,000 £20,000 £25,000 £30,000

As you can see, recruitment fees can quickly spiral into the tens of thousands, which can be great value if the recruitment agency can find and persuade a top candidate to join your company.

On the other hand, if the recruitment agency has purely advertised your job online, gone through the candidates and provided you with a subset to browse, their fees are harder to justify, especially when the tools and services are out there for you to bring the process inhouse for a fraction of the cost.

The post How much do recruitment agencies charge? appeared first on Hiring People.



This post first appeared on Hiring People, please read the originial post: here

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How much do recruitment agencies charge?

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