How does agency commission work? Does the agent get a percentage of the cream?
For example, if my contract is x per day and the commission on top is (say) 15%, does the agent get a proportion of this for the duration of the contract, or a fixed sum for the placement? Or does it depend on the agency?
I'm asking because I've been in a fairly lengthy contract that has seen two agents come and go already, and now the contract is up for renewal again. Obviously I'm going to push the agency for a reduction in their percentage, but I'll have more leeway if the agency's onward costs have reduced by the original agent leaving.
For example, if my contract is x per day and the commission on top is (say) 15%, does the agent get a proportion of this for the duration of the contract, or a fixed sum for the placement? Or does it depend on the agency?
I'm asking because I've been in a fairly lengthy contract that has seen two agents come and go already, and now the contract is up for renewal again. Obviously I'm going to push the agency for a reduction in their percentage, but I'll have more leeway if the agency's onward costs have reduced by the original agent leaving.
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