Hi everyone....how much should i charge from company as a recruitment agency?and plz clarify whether the % amount should be calculated from annual CTC or monthly?
From India, Kolkata
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From India, Kolkata
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i need the information urgently...plz help me out coz i dont knw the exact chrge and i thnk companies might be paying us less
From India, Kolkata
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From India, Kolkata
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Dear Rohan, It depends on the organization. Normally it begins with 8.33%, then 10% then 12% based on the consultant value. Thank you. Regards, Surya D
From India, Madras
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1From India, Madras
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Usually, a recruiting agency charges 8.33% of the annual CTC offered by the company to the candidates. However, some recruiting agencies classify it according to the level of the positions. For example, up to the middle level, they charge 8.33%, and for senior management positions, they charge 8-10%. It totally depends on your negotiation with your company at the time of the contract agreement.
From India, Ernakulam
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From India, Ernakulam
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Dear Rohan, you posted a query on 1st June 2013 at 17:50 hours and expected an instant response on the same day at 18:19 hours (29 minutes after you posted your query). You grew impatient at 23:34 hours (5 hours and 44 minutes) and started showering compliments on the website and its users. Despite this, the first professional responded to you on 2nd June 2013 at 10:02 hours (16 hours and 12 minutes) from the time you posted your query. I would reckon that the response was quite swift. Please note that most of the users of this website are working professionals and try to squeeze in some time to respond to queries despite hectic work schedules. We are willing to lend a helping hand. But if you need responses swiftly, it is important that you post your query ahead.
Response to Your Query
Now, to respond to your query, companies generally pay 8.33% of the CTC, but depending on the seniority of positions, the payout may range between 12 - 15% of the CTC. The payment is normally made after 3 months when the new employee joins. In the event the new employee quits within 3 months, new candidates are referred without any additional fee. Trust the matter is clear. In case you need any further clarification, please feel free to ask.
Regards,
M.V. Kannan
From India, Madras
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Response to Your Query
Now, to respond to your query, companies generally pay 8.33% of the CTC, but depending on the seniority of positions, the payout may range between 12 - 15% of the CTC. The payment is normally made after 3 months when the new employee joins. In the event the new employee quits within 3 months, new candidates are referred without any additional fee. Trust the matter is clear. In case you need any further clarification, please feel free to ask.
Regards,
M.V. Kannan
From India, Madras
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Hello Mr. Kumar and Kannanmv, I needed the answer to this question urgently because I am new to this business and have a chance to work with a very high-profile client. In order to check the working process before going for the discussion with them, I've posted the query twice. This is because I am new to this site and, looking at the discussions, I was trying to figure out the best phrase to catch someone's eye. Therefore, I posted the same query in a different way. Though my intention was not to get different views for my query, I know everyone here is professional and extremely busy. I don't have the spare time to post a query here and think that people will not notice and keep answering me. I hope you can understand my intention in asking the query in a different way.
Thanks for your answers. However, I would like to know one thing - what are the payout charges for a non-IT sector real estate company?
From India, Kolkata
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Thanks for your answers. However, I would like to know one thing - what are the payout charges for a non-IT sector real estate company?
From India, Kolkata
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This query: "Thanks for your answers, though. But I would like to know one thing: what are the payout charges for a non-IT sector, real estate company?"
Attribution https://www.citehr.com/462000-give-m...#ixzz2VGjSAc2L
This has also been answered in the other thread posted by you.
https://www.citehr.com/462024-compan...rs-payout.html
Please read the responses carefully.
"Normally, in traditional sectors and companies, it is one month's salary; i.e., 8.33%."
Attribution https://www.citehr.com/462024-compan...#ixzz2VGkWmFY6
When you are asking about the IT sector, "traditional sectors and companies" refers to the Non-IT sector and includes Real Estate companies too.
Since you are in business, and that of Recruitment Consulting, it is expected that while dealing with others, you should be patient, listen, and be respectful to others. However, this is just a suggestion and not mandatory, and you are free to act the way you wish to. Your behavior does not matter to me, as I know it is an external manifestation of a person's attitude, belief system, and overall personality traits—on which I have no control; however, others responding to you may feel offended and hurt.
Regards.
From India, Delhi
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Attribution https://www.citehr.com/462000-give-m...#ixzz2VGjSAc2L
This has also been answered in the other thread posted by you.
https://www.citehr.com/462024-compan...rs-payout.html
Please read the responses carefully.
"Normally, in traditional sectors and companies, it is one month's salary; i.e., 8.33%."
Attribution https://www.citehr.com/462024-compan...#ixzz2VGkWmFY6
When you are asking about the IT sector, "traditional sectors and companies" refers to the Non-IT sector and includes Real Estate companies too.
Since you are in business, and that of Recruitment Consulting, it is expected that while dealing with others, you should be patient, listen, and be respectful to others. However, this is just a suggestion and not mandatory, and you are free to act the way you wish to. Your behavior does not matter to me, as I know it is an external manifestation of a person's attitude, belief system, and overall personality traits—on which I have no control; however, others responding to you may feel offended and hurt.
Regards.
From India, Delhi
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