mitavi-patelWe want to start contacting staffing for corporate India, so we want to know how much consultancy charges to the company. Need your assistance. Thank you.
From India, Pune
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aussiejohnAll this information should be in your Business Plan that you wrote to set up the business.
Why should other people tell you what they are charging? This will be confidential information between the agency and the client.
If you have no idea what to do and what to charge, then I would suggest you seek employment in an existing company to learn the ropes and then investigate the possibility of opening your own business.
FAILURE TO PLAN IS PLANNING TO FAIL.
From Australia, Melbourne
nanu1953There are two ways of charging consultancy charges for outsourcing employees to corporates. One fix charge per employee per month to be revised every 3 years at least. Another is % of ( Monthly gross + PF & ESI Contribution of Employer + Bonus and leave encashment etc. ).
Depending on market trend, bargaining etc. the rates are finalized.
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From India, New Delhi
jyoti-verma1. Companies need to balance the cost-effectiveness of using contract staff with the need to provide fair compensation to these workers, who often perform essential roles within the organization.
There are a variety of factors that can influence the fees structure for contact staffing, including the level of skill and experience required for the role, the duration of the contract, and the specific needs of the hiring company. Employers should take care to ensure that they are providing competitive compensation to contract staff, while also avoiding excessive fees that could impact their bottom line.
At the same time, it's important for contract workers to advocate for themselves and seek fair compensation for their time and expertise. This can involve researching market rates for similar roles, negotiating with potential employers, and seeking out opportunities for professional development and advancement within their field.
Ultimately, the fees structure for contact staffing in corporate India should be designed to benefit both employers and employees, creating a mutually beneficial relationship that supports the growth and success of all parties involved.
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From India, Meerut
Raghunath SabatThe consultancy charges for staffing services in India vary depending on several factors, such as the type of staffing service required, the level of skill and expertise of the candidates, the volume of hiring required, and the location of the company. Typically, staffing agencies charge a percentage of the employee's annual salary as their fee for providing staffing services.
As a general guideline, the consultancy charges for staffing services in India can range from 8% to 20% of the annual salary of the employee. However, it is essential to note that these rates may vary depending on the specific requirements of the company and the staffing agency.
Additionally, some staffing agencies may charge additional fees for services such as pre-employment testing, background checks, and other hiring-related services.
It is always advisable to consult with a few staffing agencies and compare their services and charges before finalizing a deal. This will help you choose the agency that provides the best value for your money and meets your staffing needs effectively.
From India, Mumbai
raghunath_bvHi Mitavi Patel,
Normally the consultancy charges is 10% on the gross salary. Usually the employees/workers will be hired on a contract basis for a maximum period of three years with all the statutory benefits ESI.PF & Bonus. The normal principle of the agency placing contract workers will be collect and pay and the consultant will be held responsible for all statutory needs including Government Agencies.
Hope this is clear to you.
From India, Bangalore