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They get a slice from your employer.
You will never be paid as much as you could/should if you cant get your own job.
Not sure tbh. Last I heard was 10%
So how do the agencies that you don't pay make money if they get you a job?
So how do the agencies that you don't pay make money if they get you a job?
Do you know which one he went to? I'm currently with Job Prospects and they're doing very little for me.Had a friend who was on unemployment benefits for a few months a couple of years ago and as part of his pathway plan he had to sign up with a job agency called Job Prospects. Anyway he was doing some casual/part time work at the time (anywhere from 1 and half days to 3 days work as a cleaner - was working from approx 7am until 3-4 pm). His case worker or manager or whatever they are called told him to come in on a Wednesday as he didnt usually work that day. So he goes in and the guy tells him he has found him a full time job but he has to sit through an interview first. He was pretty excited as you can imagine as he had been on Newstart for a few months now. So he goes to this place and arrives 10 minutes early as you always want to make a good impression on a potential boss.
Anyway the guy ask him a couple of questions that you normally get asked at interviews eg how keen you are to work. My mate thinks to himself he possibly has this job in the bag and then the guy asks him how much welding experience he has. My mate responds that he hasn't had any kind of welding experience not even in high school as he did woodwork... The boss looks at him strangely for a few seconds with a puzzled look on his face and pauses for a few seconds and says we will let you know if you get the job.
About 30 minutes later he goes back to job prospects as his case manager wants to see him and his case worker asks how do you think you went. Mate replies well i think i was looking alright for the job until they asked if i had any welding experience. That was the only job interview that job prospects had got my mate and he was with them for 4-5 months.
My mate the next day changed to a different recruitment agency and got a full time job within 3 months of switching agencies.
Do you know which one he went to? I'm currently with Job Prospects and they're doing very little for me.
Couldn't have been said better. Recruitment agencies are used widely throughout any industry because:They are parasites.
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They sign agreements with a contractor to pay at X rate including tax and Super on top. They sign another agreement with the employing company to charge Y rate. This is anywhere from 20% to 50% depending on the agreement. For instance, I work with PoV and the agreement between PoV and my recruiter is +33% for every hour I work. Say I work a standard fortnight of 40 billable hours, my employer will be charged my rate +33%, which is over $7,000. But they need to pay me 66%, so the difference is really ~$2500. Personally, I'd rather that they pay me directly and bill it through services and consulting accounts rather than deal with my recruitment agency. They're a pack of campaigners really.So how do the agencies that you don't pay make money if they get you a job?
1. It depends on the agreement between the agency & the employer. For instance, some have a finders fee, paying $10k up front for a successful placement, others have a small up front, say $2k-$5k and then an ongoing percentage of wages. Others like mine, have a small up front and a large on going portion of wages, 33% in fact.Hi all,
Just looking for some information on Recruitment Agencies. More specifically the questions below, but happy to use this as a forum to discuss other information too.
1. What are the ways recruitment agencies structure their fees to clients eg a portion of the successful candidates wages, retainers, flat fees etc.
2. What value do recruitment agencies have for non entry level roles? I've established myself in my industry and have a few networks so don't see them as anything other than a pain in the ass.
3. Who are the most reputable agencies, who are the ones to avoid?
4. What dodgy things have you seen from agencies (advertising for non existing jobs to build candidate pools etc).
5. Tips for dealing with agencies from a candidate perspective.
Cheers guys
They sign agreements with a contractor to pay at X rate including tax and Super on top. They sign another agreement with the employing company to charge Y rate. This is anywhere from 20% to 50% depending on the agreement. For instance, I work with PoV and the agreement between PoV and my recruiter is +33% for every hour I work. Say I work a standard fortnight of 40 billable hours, my employer will be charged my rate +33%, which is over $7,000. But they need to pay me 66%, so the difference is really ~$2500. Personally, I'd rather that they pay me directly and bill it through services and consulting accounts rather than deal with my recruitment agency. They're a pack of campaigners really.
Yea they will ask what skills you have but will put you down for an interview regardless of preference. I refused to show up to a labouring job as I told them I had a stuffed knee and only just completed my teaching degree and wanted a role in education.First time in 28 years i have been unemployed so have never had to deal with recruitment agencies, but reading through some of the previous posts strikes a cord.
Have had a few agencies contact me after i applied for some positions and the lack of transparency from their side leaves me feeling very uneasy about been involved with them. Often get the feeling that there was no job on offer and they just wanted another number on their books.
The whole industry seems dodgy as hell, but it seems to be the preferred method these days?
WTF. Sounds like they are just after numbers.Yea they will ask what skills you have but will put you down for an interview regardless of preference. I refused to show up to a labouring job as I told them I had a stuffed knee and only just completed my teaching degree and wanted a role in education.
They weren't happy and told me not to be fussy. I replied that I wasn't and said I don't want a tradie/labouring position.
Yea. I was engaged at the time so desperate for a teaching gig but the fact they just got me in to have a chat and see how I am progressing to get a job (and subsequently miss some days doing casual work) was less than ideal. Only positive to this place was they were across from an awesome cafe where I got brekky and a coffee before entering.WTF. Sounds like they are just after numbers.
I haven't signed up with any, but the few dealings i have had leaves me less than impressed to do so.
But it seems it is the done thing these days, especially for low skilled work which i am happy to do.
I wouldn't put all of your faith in them brother. It probably doesn't hurt to have them doing things for you in the background on the odd chance that something comes up, but definitely keep looking and searching and your own. Recruitment agencies get paid by the employer for filling a position so that underscores who they actually work for in all this. They like to amass a collection of resumes so they can show an impressive on-paper talent pool. And if you come across any that offer you "training" just hang up immediately.First time in 28 years i have been unemployed so have never had to deal with recruitment agencies, but reading through some of the previous posts strikes a cord.
Have had a few agencies contact me after i applied for some positions and the lack of transparency from their side leaves me feeling very uneasy about been involved with them. Often get the feeling that there was no job on offer and they just wanted another number on their books.
The whole industry seems dodgy as hell, but it seems to be the preferred method these days?
I wouldn't put all of your faith in them brother. It probably doesn't hurt to have them doing things for you in the background on the odd chance that something comes up, but definitely keep looking and searching and your own. Recruitment agencies get paid by the employer for filling a position so that underscores who they actually work for in all this. They like to amass a collection of resumes so they can show an impressive on-paper talent pool. And if you come across any that offer you "training" just hang up immediately.
Yep. One I was with:I think a ton of recruiters are simply excessively uninvolved, they don't actually push sufficiently hard.