So what is a realistic figure that an agency will accept as their minimum fee - % or £ value?
Been doing some searching so before anyone jumps on me - I have read some threads and besides I've got some specific numbers...
I'm currently on £330 a day - despite me telling the agent I wanted £360, but I took it as I can get home in less than an hour.
Since starting 6 months ago I've found the role isn't pure tech - it's part manamgement too. Which is fine - if the fee is rgiht.
We've also interviewed 20 odd permies to back fill me with no success.
Client now want to extend for 6 months as there's a big project coming up.
I've since found that the client is paying £400 to agency 1 - the main resource supplier, who take 5%.
Agency 2 who I'm contracted with therefore get £380 and keep £50. Which is just over 13%
So they get over £1k a month for processing one invoice. In my book that's too much. Argos manage to sell me 5 widgets for £8, have pre bought the stock and people have to walk about to fulfil my order and still have to update their accounting and stock control systems.
So I'm looking to get as much as possible - but what is the minimum people have found that agencies will take? Ideally I'd like to pay them about £50 a month max, but know that won't fly.
5% seem to be the figure that other posts have mentioned - but how did you get them to there?
Do you do a Jerry Macguire and shout "show me the money" down the phone at them?
Do you let on you know their margin (or save that for later in the discussions).
Do you point to other similar roles?
Do you get in a strop, threaten to walk and they'll get 13% of 0? I have enough war chest to chance it, no need to work till June 2013 :-)
I know they'll try and dig in, but I want them to understand - a) they are not the only agency recruiting, b) they can't find staff anyway, c) I am serious about walking - I have two other businesses that could do with some time on them to increase their income. I'm really staying contracting to build up my warchest for a little bit more security in the long run, when I decide to focus on them full time.
I think my ideal solution would be both agents getting no more than 5% ie £20/day each (still too much), but that would give me the £360 I feel is a fair value for the role and skills. More importantly its an extra £3,900 for me over 26 weeks! They get £400 each per month to try and find other people jobs based on my efforts at client co. There's no service to me or the client co.
Is this a realistic expectation?
Been doing some searching so before anyone jumps on me - I have read some threads and besides I've got some specific numbers...
I'm currently on £330 a day - despite me telling the agent I wanted £360, but I took it as I can get home in less than an hour.
Since starting 6 months ago I've found the role isn't pure tech - it's part manamgement too. Which is fine - if the fee is rgiht.
We've also interviewed 20 odd permies to back fill me with no success.
Client now want to extend for 6 months as there's a big project coming up.
I've since found that the client is paying £400 to agency 1 - the main resource supplier, who take 5%.
Agency 2 who I'm contracted with therefore get £380 and keep £50. Which is just over 13%
So they get over £1k a month for processing one invoice. In my book that's too much. Argos manage to sell me 5 widgets for £8, have pre bought the stock and people have to walk about to fulfil my order and still have to update their accounting and stock control systems.
So I'm looking to get as much as possible - but what is the minimum people have found that agencies will take? Ideally I'd like to pay them about £50 a month max, but know that won't fly.
5% seem to be the figure that other posts have mentioned - but how did you get them to there?
Do you do a Jerry Macguire and shout "show me the money" down the phone at them?
Do you let on you know their margin (or save that for later in the discussions).
Do you point to other similar roles?
Do you get in a strop, threaten to walk and they'll get 13% of 0? I have enough war chest to chance it, no need to work till June 2013 :-)
I know they'll try and dig in, but I want them to understand - a) they are not the only agency recruiting, b) they can't find staff anyway, c) I am serious about walking - I have two other businesses that could do with some time on them to increase their income. I'm really staying contracting to build up my warchest for a little bit more security in the long run, when I decide to focus on them full time.
I think my ideal solution would be both agents getting no more than 5% ie £20/day each (still too much), but that would give me the £360 I feel is a fair value for the role and skills. More importantly its an extra £3,900 for me over 26 weeks! They get £400 each per month to try and find other people jobs based on my efforts at client co. There's no service to me or the client co.
Is this a realistic expectation?
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