Raj Kumar Hansdah
Shrm, Od, Hrd, Pms
Few big projects may have a block payment depending on the large recruitment drives or bulk hiring.
Did you sign any contract with the client ?
2nd June 2013 From India, Mumbai
However, in IT or BPO sector where Bulk Hiring is involved and the job is quite often sub-contracted down below the chain; it might be quite low for the front-line agency. However, as low as Rs. One thousand.... ?!
Please ascertain from similar consultants and let us know. Such depreciation is a cause for concern.
3rd June 2013 From India, Delhi
I have asked them about their another vendor who's working with them..company has told me that they r charging 10.2%.but since i m new in dis business and mostly working with bpo where requirements are high and payout is 1000rs so I am really confused about charges of dis IT sector..they have 2 requirements only..all i want to know that is this 10.2% on annual ctc? since i havent signed any agreement so i can still change my rates and give them the fresh payout chart
4th June 2013 From India, Kolkata
As Mr. Raj has mentioned consultancy charges 8.33% for one candidate on his/her annual CTC. If that person leaves the company within 3 months (which is probation period in most of the IT companies) than consultancy is responsible to place the new candidate for the same position and there are no charges for the replacement.
Generally companies make payment to the consultancy after 1 month of the candidate joins. You need to mention all this things and other details in your agreement with the company.
Rs. 1000/- is not at all the amount which even start up consultancy charge. You can negotiate with the company up to 5 or 6 % on the CTC.
6th June 2013 From India, Ahmedabad