Starting a Manpower Consultancy: What Documents and Fees Should I Know About?

srinuorg
Dear Seniors, Hope everyone is doing fine. I'm planning to start my own manpower consultancy firm. Please help me with the following in detail:

1) Necessary documents required to start a manpower consultancy firm.
2) The industry consultancy charges, i.e., the consultancy charges to clients for middle-level and senior-level staffing.
3) Agreement for staffing on contract and payroll.

Thanks & Regards,
rupindersingh72
There are no statutory documents required to start a manpower consultancy firm. You just need to have a service tax number, for which you'll have to apply to the excise department. The industry practice for payout to a consultant is 8.33% of the annual gross package. After the recession, some companies have dropped this payout to 7%; however, you can always try to bargain. For senior-level positions, companies may pay higher, e.g., 10 - 12.5%.

Regards,
Rupinder Singh
Chandigarh
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