I would like to know what is the bare minimum Professional Service Fee
for Permanent Positions if we go with the recruitment consultantancy
Our company is appointing a manpower consultancy who is charging
Professional Service Fee equivalent to 8.33% of the annualized salary of the personnel. Annualized salary includes fixed monthly salary, PF contributions, Housing Rent Allowance, Fixed Conveyance or Lunch allowance and any compensation that is fixed (example: fixed bonus salary)+service tax. It does not include any variable or indeterminable portion, (example like variable sales commissions or medical benefits).
My management has said to find what is the market rate as this consultancy is charging much. Please provide some rates.
From India, Mumbai
for Permanent Positions if we go with the recruitment consultantancy
Our company is appointing a manpower consultancy who is charging
Professional Service Fee equivalent to 8.33% of the annualized salary of the personnel. Annualized salary includes fixed monthly salary, PF contributions, Housing Rent Allowance, Fixed Conveyance or Lunch allowance and any compensation that is fixed (example: fixed bonus salary)+service tax. It does not include any variable or indeterminable portion, (example like variable sales commissions or medical benefits).
My management has said to find what is the market rate as this consultancy is charging much. Please provide some rates.
From India, Mumbai
Normal market charge is 8.33% only depends upon the experience the charges will increase upto 12%.
From India
10From India
We are recruiting labour for industry so according to our management the labour class does not require such degree and the requirement is in bulk. Please suggest can we negotiate with him
From India, Mumbai
From India, Mumbai
Since you are recruiting in bulk and concerned more on labour who are semi-skilled or less. Go for a public advertisement mentioning your requirement. Cost would be reduced, as you will be paying only for place and arrangement of the 'interview' venue.
Just you need to be more cautious about documentation and trueness of the candidates details.
From India, Hyderabad
Just you need to be more cautious about documentation and trueness of the candidates details.
From India, Hyderabad
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