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Recruiter fees

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  • L Lost User

    First do Recruiters take money :omg: I thought they do it for free to help people find jobs

    The Web Developer. Beirout-Lebanon

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    Dalek Dave
    wrote on last edited by
    #11

    They do help people find jobs, but they have the "Introduction Fee". It is a standard business practise. A Few years ago I had a bankmanager friend of mine indicate that he had a client who wanted to sell some land. My company is a land developer, so I did the "Introductions", we shared the 1% fee. Not bad, I got £11,000 out of that! (Had to pay £4000 in tax :mad:). But still had a good whack of cash to spend wrecklessly!

    ------------------------------------ The meek shall inherit the Earth. And the rest of us will go to the stars. - Omni Magazine

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    • D Dalek Dave

      They do help people find jobs, but they have the "Introduction Fee". It is a standard business practise. A Few years ago I had a bankmanager friend of mine indicate that he had a client who wanted to sell some land. My company is a land developer, so I did the "Introductions", we shared the 1% fee. Not bad, I got £11,000 out of that! (Had to pay £4000 in tax :mad:). But still had a good whack of cash to spend wrecklessly!

      ------------------------------------ The meek shall inherit the Earth. And the rest of us will go to the stars. - Omni Magazine

      L Offline
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      Lost User
      wrote on last edited by
      #12

      Dalek Dave wrote:

      I got £11,000 out of that!

      I started liking this "Introductions" stuff :-D

      The Web Developer. Beirout-Lebanon

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      • L leppie

        No, it should not be paid by you. You have a salary, the company pays you that, on the agreed amount. The company pays the recruiter the fee.

        xacc.ide - now with TabsToSpaces support
        IronScheme - 1.0 alpha 4a out now (29 May 2008)

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        DaTxomin
        wrote on last edited by
        #13

        That's what I thought. If a company seeks the services of a recruiter, why would the employee have to pay? I does sound fishy, doesn't it?

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        • D DaTxomin

          A friend has been contacted by a recruiter for an engineering position. Nice enough salary and an interesting job, he teels me. The problem is that he was told that hiring company pays nothing to the recruiters and that the recruiter's fee was 10% of his paycheck. He asked me if this is normal or too much or what. My first thought was... 10% of the first paycheck? of every paycheck? He said he didn't know but would ask. Indeed, it would make a huge, huge difference. But the truth is that I don't have experience on this so I'm putting the question to you gys. Anyone can give me any information to pass along? He is in Japan and the recruiters are a Japanese company and the job is at a Japanese company (he isn't Japanese), in case it matters.

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          Lost User
          wrote on last edited by
          #14

          Payment must be done by the employer :) and not the employee

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          • L Lost User

            First do Recruiters take money :omg: I thought they do it for free to help people find jobs

            The Web Developer. Beirout-Lebanon

            P Offline
            P Offline
            phannon86
            wrote on last edited by
            #15

            I number of my grad friends went into Recruitment Consultancy, they tell me it's a pretty cut-throat competitive business.

            He who makes a beast out of himself gets rid of the pain of being a man

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            • L Lost User

              Dalek Dave wrote:

              I got £11,000 out of that!

              I started liking this "Introductions" stuff :-D

              The Web Developer. Beirout-Lebanon

              D Offline
              D Offline
              Dalek Dave
              wrote on last edited by
              #16

              You have to know the right People to Introduce! But it is middleman tax really, I didn't mind when I got my cut though. :)

              ------------------------------------ The meek shall inherit the Earth. And the rest of us will go to the stars. - Omni Magazine

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              • P phannon86

                I number of my grad friends went into Recruitment Consultancy, they tell me it's a pretty cut-throat competitive business.

                He who makes a beast out of himself gets rid of the pain of being a man

                L Offline
                L Offline
                Lost User
                wrote on last edited by
                #17

                It is free here. you can find job listed in a free paper that is published weekly it is called "Alwaseet" in english means like "middleman"

                The Web Developer. Beirout-Lebanon

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                • D Dalek Dave

                  You have to know the right People to Introduce! But it is middleman tax really, I didn't mind when I got my cut though. :)

                  ------------------------------------ The meek shall inherit the Earth. And the rest of us will go to the stars. - Omni Magazine

                  L Offline
                  L Offline
                  Lost User
                  wrote on last edited by
                  #18

                  i know this is in business but i first time hear about Recruiters take money for being middleman as i said down here it is free here

                  The Web Developer. Beirout-Lebanon

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                  • L Lost User

                    It is free here. you can find job listed in a free paper that is published weekly it is called "Alwaseet" in english means like "middleman"

                    The Web Developer. Beirout-Lebanon

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                    P Offline
                    phannon86
                    wrote on last edited by
                    #19

                    The Web Developer wrote:

                    you can find job listed in a free pape

                    You can do that here too, the job of the consultants is to track down people who look like the person the company wants, tries to arrange an interview etc. then gets his comission if the guys gets hired.

                    He who makes a beast out of himself gets rid of the pain of being a man

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                    • L Lost User

                      Payment must be done by the employer :) and not the employee

                      L Offline
                      L Offline
                      Lost User
                      wrote on last edited by
                      #20

                      NOT the employer NOR the employee. It should be free I think

                      The Web Developer. Beirout-Lebanon

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                      • P phannon86

                        The Web Developer wrote:

                        you can find job listed in a free pape

                        You can do that here too, the job of the consultants is to track down people who look like the person the company wants, tries to arrange an interview etc. then gets his comission if the guys gets hired.

                        He who makes a beast out of himself gets rid of the pain of being a man

                        L Offline
                        L Offline
                        Lost User
                        wrote on last edited by
                        #21

                        Phannon wrote:

                        arrange an interview etc. then gets his comission if the guys gets hired

                        "Alwaseet" the paper i was talking about they don't take comission even if the person gets hired they anly ask you to tell the company that you raed their post in their paperand that is it no money taken by teh paper

                        The Web Developer. Beirout-Lebanon

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                        • L Lost User

                          i know this is in business but i first time hear about Recruiters take money for being middleman as i said down here it is free here

                          The Web Developer. Beirout-Lebanon

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                          Dalek Dave
                          wrote on last edited by
                          #22

                          Are yours paid for by the Government? We have "Job Centers" that are the same, free advertising no fees etc, but they are large monolithic things run by the government and aimed more at the lower end of the job market. Technical or skilled positions tend to be specialist recruitment company based.

                          ------------------------------------ The meek shall inherit the Earth. And the rest of us will go to the stars. - Omni Magazine

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                          • L Lost User

                            NOT the employer NOR the employee. It should be free I think

                            The Web Developer. Beirout-Lebanon

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                            Dalek Dave
                            wrote on last edited by
                            #23

                            Maybe there, but here it is not :((

                            ------------------------------------ The meek shall inherit the Earth. And the rest of us will go to the stars. - Omni Magazine

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                            • P phannon86

                              Kickers? As in the shoe brand?:~ (only "kickers" I can think of atm)

                              He who makes a beast out of himself gets rid of the pain of being a man

                              L Offline
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                              Lost User
                              wrote on last edited by
                              #24

                              Phannon wrote:

                              Kickers? As in the shoe brand?:~ (only "kickers" I can think of atm)

                              He meant to type knickers, as in underpants. Japan has vending machines where you can buy underwear that has supposably been worn by young, good looking, sexually active women, who for reasons known only to themselves decide to not wash and reuse but sell to some company. Sounds great doesn't it.

                              Michael Martin Australia "I controlled my laughter and simple said "No,I am very busy,so I can't write any code for you". The moment they heard this all the smiling face turned into a sad looking face and one of them farted. So I had to leave the place as soon as possible." - Mr.Prakash One Fine Saturday. 24/04/2004

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                              • L leppie

                                No, it should not be paid by you. You have a salary, the company pays you that, on the agreed amount. The company pays the recruiter the fee.

                                xacc.ide - now with TabsToSpaces support
                                IronScheme - 1.0 alpha 4a out now (29 May 2008)

                                B Offline
                                B Offline
                                Brady Kelly
                                wrote on last edited by
                                #25

                                Leppie, that's how it should be, but remember, in SA us wekkuhs are protected much more than other places in the world.

                                Daily WTF Memes

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                                • L Lost User

                                  Phannon wrote:

                                  arrange an interview etc. then gets his comission if the guys gets hired

                                  "Alwaseet" the paper i was talking about they don't take comission even if the person gets hired they anly ask you to tell the company that you raed their post in their paperand that is it no money taken by teh paper

                                  The Web Developer. Beirout-Lebanon

                                  P Offline
                                  P Offline
                                  phannon86
                                  wrote on last edited by
                                  #26

                                  Same here, if the company put an advert in the paper, they wouldn't charge a commission.

                                  He who makes a beast out of himself gets rid of the pain of being a man

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                                  • L Lost User

                                    i know this is in business but i first time hear about Recruiters take money for being middleman as i said down here it is free here

                                    The Web Developer. Beirout-Lebanon

                                    B Offline
                                    B Offline
                                    Brady Kelly
                                    wrote on last edited by
                                    #27

                                    On what money do the recruiters live?

                                    Daily WTF Memes

                                    1 Reply Last reply
                                    0
                                    • D Dalek Dave

                                      Are yours paid for by the Government? We have "Job Centers" that are the same, free advertising no fees etc, but they are large monolithic things run by the government and aimed more at the lower end of the job market. Technical or skilled positions tend to be specialist recruitment company based.

                                      ------------------------------------ The meek shall inherit the Earth. And the rest of us will go to the stars. - Omni Magazine

                                      L Offline
                                      L Offline
                                      Lost User
                                      wrote on last edited by
                                      #28

                                      Dalek Dave wrote:

                                      Are yours paid for by the Government?

                                      :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: :laugh: The Government don't pay anything here, they only take take take and take and gave zero...

                                      The Web Developer. Beirout-Lebanon

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                                      • L Lost User

                                        NOT the employer NOR the employee. It should be free I think

                                        The Web Developer. Beirout-Lebanon

                                        L Offline
                                        L Offline
                                        Lost User
                                        wrote on last edited by
                                        #29

                                        How does the recruiter earn then? I never thought that they did recruiting voluntarily or as a social service :)

                                        L 1 Reply Last reply
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                                        • L leppie

                                          No, it should not be paid by you. You have a salary, the company pays you that, on the agreed amount. The company pays the recruiter the fee.

                                          xacc.ide - now with TabsToSpaces support
                                          IronScheme - 1.0 alpha 4a out now (29 May 2008)

                                          F Offline
                                          F Offline
                                          ftw melvin
                                          wrote on last edited by
                                          #30

                                          I'm in the UK and I've never heard of a reputable recruiter / company expecting a percentage fee from an employee for a permanent job. Is the job permanent or is it a contract? Contractors routinely pay a cut of their monthly pay (every month) to the job agency, anywhere from 10% to 50% (depending on who is getting screwed). Permanent staff are recruited with the company paying 10% to 50% of the annual salary to the job agency; often split in two halves - half immediately payable and half payable after a reasonable probationary period.

                                          "If you reward everyone, there will not be enough to go around, so you offer a reward to one in order to encourage everyone." Mei Yaochen in the 'Doing Battle' section of Sun Tzu's: Art of War. .

                                          D M 2 Replies Last reply
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