Karolina Wonchala’s Post

🔍 Recruitment Pricing Models: Which One is Right for Your Business? 🔍 Choosing the right recruitment pricing model can be a game-changer for your business. From the traditional Percentage of Salary model to Retained Search, Flat Fee, and Hourly Billed options, each has its own set of advantages and challenges👩💻. Understanding these can help you make the most informed decision for your hiring needs🏩. At Simply Talented, we know that every business is unique. That's why we offer a variety of payment options, ensuring we provide the best commission structure tailored to your specific needs and financial requirements. 💼✨ Curious about which model might work best for you? Dive into our latest article to explore the pros and cons of each recruitment pricing model and find the perfect fit for your business👇: https://bit.ly/4ck5azd #Recruitment #Hiring #BusinessGrowth #SimplyTalented #TalentAcquisition

Recruitment fees! The elephant in the... industry. In the world of skilled labour, it seems that every recruitment agency has standard terms around 25%-35%, and every client wants to work at 15%. Usually, you meet somewhere in the middle and get cracking. I wonder if the world of recruitment is ready for a quality-based fee model.... Say my team take on a job and the fee is based on how happy you are with the service! Once the job is filled, you give us a score between 0 and 10 and the fee goes up 1% per score - so 0/10 is 15%, 5/10 is 20%, 10/10 is 25%, etc. Obviously if we keep doing a tremendous job and you keep scoring us 0/10, it's probably not a partnership that will last, but if done properly, could this work? Would it drive quality and speed? Would it build trust? Would it ensure both parties get value? What do you think? Would you give this a go? Fascinated to hear the thoughts of both recruiters and hiring managers on this!

In redefining our recruitment pricing, we've transitioned from the conventional percentage-of-salary model to a client-centric, fixed fee structure. 💸 But what does that mean for you? 📌 More predictability and fairness in pricing 📌 Tailored recruitment solutions that consider the unique challenges and value of each role 📌 No uncertainty of fluctuating costs tied to salary This approach aligns our efforts with your specific needs, ensuring that you pay for the true value and expertise we bring to your hiring process, not just an arbitrary percentage of the final salary offered. Want to learn more about how we work? Check out our blog below ⬇ https://lnkd.in/eEq6FuqH #Recruitment #TalentPartner #StartupHiring #ScalingTeams

💰 Are Recruitment Fees ACTUALLY Expensive? 💰 With budgets tighter than ever, it’s understandable that companies are scrutinising their expenses. However, choosing to skip a quality recruitment service can end up costing more than the fee. 💸 The Cost of Self-Recruitment: Recruiting in-house can cost anywhere between £2,000 to £10,000 when you factor in job adverts, recruitment tools and the HOURS spent screening, interviewing and hiring. 💼 The Cost of Management Time: On average, a staggering £10,400 in managerial time is spent recruiting and training a new starter, so why not save time and let the experts get it right first time for you? ⏳ The Cost of a Vacant Role: Every month a position remains vacant is a missed opportunity for growth. Average productivity loss from having a vacant role is (on average) £23,000! ❌ The Cost of a Bad Hire: A mis-hire impacts productivity, training and team morale. Not only is there the direct cost of their salary, but add in lost revenue, disrupted workflows and the time invested – a big financial hit. It’s not worth getting it wrong. 💚 So, instead of shutting the door on (quality) recruitment agencies, businesses should consider the cost and time-saving benefits of collaborating. 💚 Get in touch to find out more about #TheACRDifference today!

I know recently I bashed the recruitment industry for outrageous fees that are completely incongruent with the amount of effort required to source a candidate. To be clear, I still think larger firms are creating a situation where they freeze out smaller services from accessing great staff… But… Of late I have worked with some great recruitment consultants who understand our business and also see the work that we put in throughout the process. Recent agreements that have been made: 10% of total salary (maybe, but only if you provide me with ridiculously good candidates) 8% of total salary (acceptable) 6% of total salary (great, particularly given that I’m picking up lots of the work) £1000 flat fee for all candidates (after all, acquiring an RM in the early stages requires a phone call, a CV and a slightly modified vetting process, it’s not worlds different to an RSW) £500 flat fee for all roles. And here’s the thing…the cheapest RC’s are bringing me the same quality candidates the bigger companies are claiming to have because, let’s face it, you are all fishing from a very similar pool. To those smaller recruitment companies looking to build relationships with small, family services, well done. As providers, if we refuse to pay the higher percentages and costs…we help to drive down the amount that these businesses can charge. Much like when you ‘shop local’ to support your local community, try and do the same with recruitment consultants. If anyone is looking for a lead on some of the more affordable, and frankly excellent, consultants. DM me and I’d be glad to provide you with their details.

Ever had trouble negotiating your fees with clients? 💰 Recruitment fee negotiations are a touchy topic for most recruiters and it is critical to know the balance between providing great services to clients and setting reasonable fees. Let's discuss different pay structures in our #blog❗ #Recruitment #ClientRelations #BusinessStrategy #RecruitmentFees

Navigating recruitment fee talks? 💬 Get expert tips on striking that perfect balance between service and cost. Discover how to articulate the value of your services to clients. 🔗 Read our #Blog for insights! #RecruitmentFees #HRStrategy #Manatal

Are high recruitment expenses straining your budget? Dive Hire offers a solution that can reduce your recruitment costs by up to 70%, potentially saving you $100,000 annually per recruiter. This significant cost reduction is achieved without the need for additional investments in resources like job portals and Applicant Tracking Systems (ATS). To help you experience these benefits firsthand, we are offering a limited number of complimentary consultations on a first-come, first-served basis. This is a unique opportunity to transform your hiring process and achieve substantial cost savings. Don’t miss out on this chance to revolutionize your recruitment strategy. Share this information with colleagues who might benefit and show them you care. Type “interested and connect” to claim your complimentary consultation today! #Recruitment #Hiring #HR #CostSavings #JobSearch #TalentAcquisition #FreeConsultation #FirstComeFirstServed #DiveHire

Why you should collaborate with a recruitment agency: #According to the Recruitment and Employment Confederation (REC), 67% of employers have found that using recruitment agencies leads to better-quality hires compared to relying on direct applications. This highlights the value of focusing on quality over quantity. #In addition, research from the Aberdeen Group shows that companies using recruitment agencies experience a 36% faster hiring process than those that rely solely on internal efforts, proving that time is money. #While the average cost of using a recruitment agency is 15-20% of the hired candidate’s first-year salary (Staffing Industry Analysts), the investment is often well worth it due to the higher quality and better fit of the recruits. This shows that, though there might be an upfront cost, it leads to long-term benefits in terms of employee retention and performance. Contact us at info@narpaviconsultancy.com or call us at 9094944697

Are Recruitment Agencies Too Expensive? 💰💰💰 One common misconception I often hear is that partnering with a recruitment agency is too costly for businesses🤔 In reality, the cost of hiring the wrong person can far outweigh the investment in a recruitment agency. Agencies often have specialised knowledge in various industries, which means they understand the unique challenges and requirements your business faces. This expertise can lead to better hiring decisions and, ultimately, a stronger team. Agencies provide invaluable services that can save businesses both time and money in the long run. What are your thoughts on using recruitment agencies? Have you had positive or negative experiences? 💬 #Recruitment #HR #recruitmentagency