How much do recruitment agents salary.
Discussion
How long is a piece of string I'd imagine...?
High street places like Reed won't make that much. Did a 1 month temp gig there many, many years ago and none of the managers or area managers were driving anything nice. That's not to say they won't be on a decent enough wage mind.
I've worked contracts where they've taken 100%, I.e. the offered rate was 50% of the budgeted amount for that role. But this was foreign work in a dangerous environments so they have to account for flights, security, digs, grub,insurance, visas.
For gigs in the UK like you've quoted I'd hazard around 5%-20% if working for someone else. Go independent and the skies the limit.
High street places like Reed won't make that much. Did a 1 month temp gig there many, many years ago and none of the managers or area managers were driving anything nice. That's not to say they won't be on a decent enough wage mind.
I've worked contracts where they've taken 100%, I.e. the offered rate was 50% of the budgeted amount for that role. But this was foreign work in a dangerous environments so they have to account for flights, security, digs, grub,insurance, visas.
For gigs in the UK like you've quoted I'd hazard around 5%-20% if working for someone else. Go independent and the skies the limit.
it's going to depend what you are doing , I suspect that in some cases a mediocre person working in a high volume / low margin role ( driving, industrial, home care) role would earn more than if they were trying to place professionals
Edited by Ms R.Saucy on Tuesday 3rd January 10:14
15 years ago I was the IT Manager for a fairly large UK recruitment company...
Although at that time they placed permanent roles rather than contract, the annual awards ceremony still had the so-called "hundred K club" which was an award for consultants whose personal income was over £100k for the year..... a surprising number of them were members, and not always those who'd been there the longest.
Although at that time they placed permanent roles rather than contract, the annual awards ceremony still had the so-called "hundred K club" which was an award for consultants whose personal income was over £100k for the year..... a surprising number of them were members, and not always those who'd been there the longest.
Depends on the agency, market and commission structure.
Trainees/junior consultants in IT seem to hover between 18-24k in London, with Senior Consultants usually hovering between £25-35k depending on market vertical and structure. Principal Consultants/Practice heads can be on anything between £40-80k salary before any commission.
Couple of close friends of mine still work in recruitment, one works for a major search firm and takes home £280k+. Another works for a major IT contract agency and has worked himself into the ground but takes home £90-100k. Typical contract rates i used to see varied from £600/day right up to £1200/day in some niche areas of IT. Agency margin averaged at around 18%.
As for blue collar type industry - not sure, margins are usually tiny so they'd need to have a wagon-load out but i doubt the earning potential is as high. Happy to be corrected.
Trainees/junior consultants in IT seem to hover between 18-24k in London, with Senior Consultants usually hovering between £25-35k depending on market vertical and structure. Principal Consultants/Practice heads can be on anything between £40-80k salary before any commission.
Couple of close friends of mine still work in recruitment, one works for a major search firm and takes home £280k+. Another works for a major IT contract agency and has worked himself into the ground but takes home £90-100k. Typical contract rates i used to see varied from £600/day right up to £1200/day in some niche areas of IT. Agency margin averaged at around 18%.
As for blue collar type industry - not sure, margins are usually tiny so they'd need to have a wagon-load out but i doubt the earning potential is as high. Happy to be corrected.
Splurge997 said:
As for blue collar type industry - not sure, margins are usually tiny so they'd need to have a wagon-load out but i doubt the earning potential is as high. Happy to be corrected.
depends on the setup and if the donkey work is farmed out to 'on site supervisors' on a basic possibly shift premium to do the rotas , on site gripe fixing and chase up the latecomers / skivers / sick, given some places have hundreds of agency personel in for months at a time ...The agency market is changing, small players in industries like IT are finding it hard to compete with the larger consultancies and RPO’s as they are mopping up the big contracts and implementing preferred supplier deals.
Niche and boutique agencies with a very strong background and well developed networks in a particular areas are doing the best.
I currently head up a large internal recruitment team for a major software company but have been within recruitment for over 25 years with 15 of those within agencies. I impose fees of no more that 18% on agencies that work for me, if I require a search company I will pay up to 30%, but that is only for an exec level roll.
As others have said I would expect a very experienced principle level consultant to be earning at least £80k as a basic with an OTE in the £200k to £300k range. A very solid 5 plus year’s person should be on £50k basic with an OTE of at least £100k.
Surprisingly agencies have real problems trying to find good people as a good consultant is a major cash cow so tend to get showered with incentives to stay.
This may be an extreme example but back in my agency days I was once given 5 increasingly better company cars all within an 18 month period as a reward for high performance. Share options and seats on the exec committee seem to be more the norm now for high performers now
Niche and boutique agencies with a very strong background and well developed networks in a particular areas are doing the best.
I currently head up a large internal recruitment team for a major software company but have been within recruitment for over 25 years with 15 of those within agencies. I impose fees of no more that 18% on agencies that work for me, if I require a search company I will pay up to 30%, but that is only for an exec level roll.
As others have said I would expect a very experienced principle level consultant to be earning at least £80k as a basic with an OTE in the £200k to £300k range. A very solid 5 plus year’s person should be on £50k basic with an OTE of at least £100k.
Surprisingly agencies have real problems trying to find good people as a good consultant is a major cash cow so tend to get showered with incentives to stay.
This may be an extreme example but back in my agency days I was once given 5 increasingly better company cars all within an 18 month period as a reward for high performance. Share options and seats on the exec committee seem to be more the norm now for high performers now
Edited by Streetrod on Monday 9th January 15:54
Streetrod said:
The agency market is changing, small players in industries like IT are finding it hard to compete with the larger consultancies and RPO’s as they are mopping up the big contracts and implementing preferred supplier deals.
Niche and boutique agencies with a very strong background and well developed networks in a particular areas are doing the best.
I currently head up a large internal recruitment team for a major software company but have been within recruitment for over 25 years with 15 of those within agencies. I impose fees of no more that 18% on agencies that work for me, if I require a search company I will pay up to 30%, but that is only for an exec level roll.
As others have said I would expect a very experienced principle level consultant to be earning at least £80k as a basic with an OTE in the £200k to £300k range. A very solid 5 plus year’s person should be on £50k basic with an OTE of at least £100k.
Surprisingly agencies have real problems trying to find good people as a good consultant is a major cash cow so tend to get showered with incentives to stay.
This may be an extreme example but back in my agency days I was once given 5 increasingly better company cars all within an 18 month period as a reward for high performance. Share options and seats on the exec committee seem to be more the norm now for high performers now
All very true but that's the top end of the market. Starting salary for a trainee consultant at say Adecco or any 'High Street' agency?Niche and boutique agencies with a very strong background and well developed networks in a particular areas are doing the best.
I currently head up a large internal recruitment team for a major software company but have been within recruitment for over 25 years with 15 of those within agencies. I impose fees of no more that 18% on agencies that work for me, if I require a search company I will pay up to 30%, but that is only for an exec level roll.
As others have said I would expect a very experienced principle level consultant to be earning at least £80k as a basic with an OTE in the £200k to £300k range. A very solid 5 plus year’s person should be on £50k basic with an OTE of at least £100k.
Surprisingly agencies have real problems trying to find good people as a good consultant is a major cash cow so tend to get showered with incentives to stay.
This may be an extreme example but back in my agency days I was once given 5 increasingly better company cars all within an 18 month period as a reward for high performance. Share options and seats on the exec committee seem to be more the norm now for high performers now
Edited by Streetrod on Monday 9th January 15:54
bad company said:
Streetrod said:
The agency market is changing, small players in industries like IT are finding it hard to compete with the larger consultancies and RPO’s as they are mopping up the big contracts and implementing preferred supplier deals.
Niche and boutique agencies with a very strong background and well developed networks in a particular areas are doing the best.
I currently head up a large internal recruitment team for a major software company but have been within recruitment for over 25 years with 15 of those within agencies. I impose fees of no more that 18% on agencies that work for me, if I require a search company I will pay up to 30%, but that is only for an exec level roll.
As others have said I would expect a very experienced principle level consultant to be earning at least £80k as a basic with an OTE in the £200k to £300k range. A very solid 5 plus year’s person should be on £50k basic with an OTE of at least £100k.
Surprisingly agencies have real problems trying to find good people as a good consultant is a major cash cow so tend to get showered with incentives to stay.
This may be an extreme example but back in my agency days I was once given 5 increasingly better company cars all within an 18 month period as a reward for high performance. Share options and seats on the exec committee seem to be more the norm now for high performers now
All very true but that's the top end of the market. Starting salary for a trainee consultant at say Adecco or any 'High Street' agency?Niche and boutique agencies with a very strong background and well developed networks in a particular areas are doing the best.
I currently head up a large internal recruitment team for a major software company but have been within recruitment for over 25 years with 15 of those within agencies. I impose fees of no more that 18% on agencies that work for me, if I require a search company I will pay up to 30%, but that is only for an exec level roll.
As others have said I would expect a very experienced principle level consultant to be earning at least £80k as a basic with an OTE in the £200k to £300k range. A very solid 5 plus year’s person should be on £50k basic with an OTE of at least £100k.
Surprisingly agencies have real problems trying to find good people as a good consultant is a major cash cow so tend to get showered with incentives to stay.
This may be an extreme example but back in my agency days I was once given 5 increasingly better company cars all within an 18 month period as a reward for high performance. Share options and seats on the exec committee seem to be more the norm now for high performers now
Edited by Streetrod on Monday 9th January 15:54
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