We have said it before and we will keep on saying it, Slice buck the trend in our industry in so many ways, one of which is by being a fixed fee Recruiter, but what does that mean and why does it matter to you?
What is Fixed Fee Recruitment?
Your traditional recruitment agency will work on what is known as percentage terms which means your fee will be a percentage of the candidates starting wage, Slice, however work on fixed fee terms which means you are charged a one-off fee for your service. This model is not only a lot more cost effective, but it keeps you firmly in control of your costs. No surprise invoices when you make your hire!
4 Reasons you should use a Fixed Fee Recruiter?
- We WILL Save You Money – With agency fees generally sitting between 15%-20% of the candidate’s 1st year salary you would be looking at a fee of around £3750 – £5000 for an entry level candidate, our fees start considerably less than that freeing up your cash for other areas of the business.
- We WILL Save You Time – Unless your sole purpose in the business is to recruit then finding the time to execute this process could well be time you just don’t have. Fixed fee recruitment helps you outsource the project, saving you time and safe in the knowledge that you are not losing precious hours from somewhere else.
- We WILL Reduces Risk – Imagine paying out the £5000 fee most consultants demand only to find out that the candidate has worked out as you hoped. That’s a large investment financially as well as your time to just write off. Fixed fee recruitment enables you to keep your costs low but still access the support you need to get it right.
- We WILL Remove the Impact when it comes to Salary Negotiations – With the traditional model if you decide to inflate the starting salary to secure that perfect candidate it will also mean that your fee will go up. Fixed fee recruitment means your fee is your fee regardless of the salary offered to your new employee.
Fixed fee recruitment means you are in control of the process from a financial point of view, no nasty shocks, no moving the goal posts. If you would like to know more about how Slice Recruit can help you with your recruitment needs, please get in touch.