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.
Instead of using a recruitment agency, you might want to use a job advertising agency instead.
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.
|Base Annual Salary||10%||15%||20%||25%||30%|
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.
Hiring People have a unique approach to recruitment in order to reduce costs without compromising the quantity or quality of applicants. Our fixed fee recruitment business model means you could pay as little as £195, a massive reduction on even the lowest agency fee. We help you to write high-quality job description, then advertise those across job boards and social media channels. Our recruitment software helps you to decide which applicants are the most suitable and manage each stage of the process from interviews to offers.