Agent Fees

quietriot

lufcgirl wrote: »

I'm a recruiter, and my fees range anywhere from 10-15% of the candidates annual salary depending on the role and what my agreement is with the company
....

I wouldn't say it's better to apply direct

You do surprise me.

bugslet

ableandy wrote: »

I have just moved all my recruitment online and now do it myself and am finding some really great candidates and have saved over £100,000 since December in recruitment fees!

Whilst not in ableandys league by any means, the last time I interviewed for a manager for our southern depot, I did it as I always do, myself. A couple of recruitment companies contacted me and sent people through. In the end it was down to two people, one that had contacted me directly and the other that had come via a recruitment agency. As there was nothing between them, I chose the one that wasn't going to cost me the agency fee. And it impresses me that people look for work rather than just get the recruitment company to do the work for them.

InsideInsurance

ableandy wrote: »

The only issue with Agencies is that they filter CV's and only send the client the people who they believe are the near perfect fit for the clients role. Whilst this is great in some ways as it weeds out the dross, it can mean that candidates may be filtered out yet they have equivalent qualifications.

I have just moved all my recruitment online and now do it myself and am finding some really great candidates and have saved over £100,000 since December in recruitment fees!

Thats not an issue with them, thats exactly what they are paid to do. If you want them to send you more CVs then they happily will as it means less work for them and they still get their 15%

A former client decided to try and move to direct recruitment using online tools and it was a total failure. The first job posted was for a Senior Project Manager with a reward package of up to £150,000. The reason the team was hiring? Because we are short handed and snowed under with work. Within 36 hours of it being posted there were over 1,000 CVs and 95% of those that were scan read were totally useless. We are too busy to do our day jobs, where are we going to find the time to read 1,000 CVs?

Ok, so one option is to hire someone to filter the CVs for you.... but doesnt that start to sound like an agent? Similarly to filter them well you need someone who somewhat understands Project Management, for our team at least, and then someone who understands claims, underwriting, actuarial sciences, HR, finance, call centres etc etc. Do you hire a small army of these people? Particularly for the more specialist roles where annual recruitment is low? Alternatively why not pay an outsider on a success only basis? Aka a recruitment agent

DKLS

InsideInsurance wrote: »

A former client decided to try and move to direct recruitment using online tools and it was a total failure. The first job posted was for a Senior Project Manager with a reward package of up to £150,000. The reason the team was hiring? Because we are short handed and snowed under with work. Within 36 hours of it being posted there were over 1,000 CVs and 95% of those that were scan read were totally useless. We are too busy to do our day jobs, where are we going to find the time to read 1,000 CVs?

Your former client would benefit from some decent HR software, some of the systems I have used could process a 1000 CVs, send rejections and invites for interviews in about 5 mins and a dozen mouse clicks.

Take some setting up right but once it is, it makes the first few stages a doddle the only time I read CVs these days is usually 10 mins before the interview.

InsideInsurance

DKLS wrote: »

Your former client would benefit from some decent HR software, some of the systems I have used could process a 1000 CVs, send rejections and invites for interviews in about 5 mins and a dozen mouse clicks.

Take some setting up right but once it is, it makes the first few stages a doddle the only time I read CVs these days is usually 10 mins before the interview.

It was a fair few years ago now and things have probably improved, though given how much trouble agencies still have finding people with the right skill sets for these types of roles I am not fully convinced that these google inspired systems are doing that good a job.

Even more recently the recruitment systems have done poor job of identifying repeat applicants