Flat Fee Recruitment Options for your Business

Recruitment is a booming industry, but it has got itself a reputation as being a little expensive. Some businesses, especially smaller businesses, have become suspicious of using a recruitment agency because they don’t want the costs associated with it. If you choose a flat fee recruitment option, then this takes away the worry of how much it is all going to cost. Flat fees make sure you know what you are paying upfront, so costs won’t spiral out of control, allowing you to make the recruitment decisions that are right for your business.

How do you know that the option you choose is a flat fee recruitment option? 

It isn’t always easy to work out exactly what is expected of you in terms of the fees you will be paying. Recruitment agencies may not be upfront about their costs. However, if an agency offers flat fees, then this will usually be one of their main selling points and they will be happy to tell you all about it. Their website will usually have details of their recruitment options, so you know what everything will cost from day one.

If a recruitment company offers a single, flat payment, then they will usually have packages. These packages will outline exactly what you will get and exactly how much you will be paying. Check these over thoroughly and pick the option that includes the recruitment services you will find most useful.

It is really important that you sign a contract with your recruitment agency and agree to all terms upfront. Make sure you read all terms and conditions thoroughly, so you can gain a full understanding of them and what is expected of both parties. If you have any concerns at all, make sure they are addressed with the recruitment agency before you go ahead and sign up to anything.

What can a flat rate recruitment agency offer you? 

Often flat rate recruitment packages will be nice and simple, as this is their main selling point. You probably won’t be able to get quite as much support as you would if the agency was taking a percentage fee. However, the packages are very useful and give you more control over the process, because you will be able to look at all applicants and filter through CVs yourself. If you want some support in finding suitable job candidates, speak to your recruitment agency as they may be able to help you with this as well.

Often, fixed fee recruitment packages will be set up around adverts. You pay for the adverts, and these are written and managed professionally for you. There might also be some kind of package the recruitment agent uses that you will have access to, giving you more control over the way you look through CVs and find candidates. This will help you to have highly targeted ads that attract in the right people, making the whole process a lot easier for you. Many businesses have high success rates and find brilliant candidates this way.

Should you Try to Negotiate a Higher Wage?

Wages – it is never an easy subject to talk about, especially before you begin a job! You never know whether you will be overstepping the mark if you try to negotiate a wage, and whether or not it will be detrimental to you being offered the job.

If the salary you are looking for is a long way above the amount the company is offering, it is probably best not to try to negotiate a higher wage. However, it might also be worth considering whether you should, in fact, apply for the job in the first place, because you could well be over qualified.

If you are looking for a slightly higher wage, it is often worth asking if the company will be willing to pay it. This shows confidence, and shows that you know your worth in the market. If applying via a recruiter, you could first ask them for their opinion on the wage.

Opening a Recruitment Agency – are you Cut Out for it?

If you are a successful recruitment consultant, the next step in your career could be opening up your own agency. It is a challenging step to take and you will face a number oh challenges. However, it can be a great career choice for people who are talented, ambitious and who are good, skilled recruitment consultants.

You will need to make sure you have enough business to make this a viable option for you. Look at bringing in new contracts and working with companies that will be long-term partners. You will want to go for larger companies that have regular recruitment drives, but start small. It will be easier to find business with SMEs, and in time, they may well become the large companies you hope to work with. You will have become their recruitment consultant at just the right time. Broaden your options as your business grows and you gain more experience as a business owner.

Checking Over your New Job Contract Thoroughly

When you are offered a new job, the emotions can take over. It’s a time when you need to be at your most practical though, so make sure you do what you need to in order to be happy in your future employment. If you do not check your contract over thoroughly enough, this is a slippery slope and you could end up in an unenviable position.

The most important things to check in your contract are the salary, holiday entitlement and hours of work. You should check these over carefully to make sure they match up with what you have been told about the role. If you have any queries at all, direct them to your employer, as you should be able to start your employment with everything clear and accurate.

Other things you should read over are things like sick pay and medical requirements, to make sure you fully understand the terms of your employment.

Is it Expensive to Use a Recruitment Consultant?

Businesses pay for access to recruitment services so it’s important to understand the costs involved when working with a recruitment consultant. Fees will vary depending on the consultant and where you are based in the UK. Here are some things to ask about before deciding to work with a specific recruitment agency:

  • Percentage fees for successful placements. Some recruiters will charge you a percentage of the cost of hiring a new member of staff. This will be an ongoing charge, so make sure you know how much this could be before making your decision.
  • Agency fees. You will sometimes need to pay an upfront fee to work with an agency. Find out about the agency’s terms and conditions.
  • Advertising fees. Some agencies will only charge you for the adverts they place, making this the cheapest way of accessing recruitment services. Be sure to check that there are no other hidden costs.