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by charlesdm
5710 days ago
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How much do you guys make per placement in general? Lets say you have someone with a salary of £60-70k. On average, how much do you earn when you place them and how long do you spend to fill a position? I know that there are extremes, but still. Looking at the amount of spam I get on LinkedIn, I'm always under the impression that recruiters are looking for like 100 different positions at a time, but that's probably wrong. |
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Assume that my example is based on a recruiter working for a specialist agency in London. I'll base my estimate on that:
Salary of £60k would probably give you a fee of about £15k meaning the total charge to the client would be about £75k, probably a bit more but you get the drift.
From that £15k fee, the recruiters cut would vary based on his companies bonus structure which is generally based on overall fee's per quarter as opposed to individual placements.
Assuming an average performance per quarter (slightly ahead of predefined targets) a recruiter would probably take home around a grand for that placement.
A general rule in recruitment is that you aim to take home at least the equivalent of your salary in bonus every year. I've worked with guys who were earning in excess of £120k a year after about 3 to 5 years with the same recruitment company.
As for quantity, this once again varies from agency to agency. I have what I consider to be a busy desk and I have 8 open, fillable vacancies in front of me right now and they will be workable for about a week at a time.