Typical recruitment fees range from 15 to 25%. If you’re recruiting small volumes, or are or looking for specialised skills, then you’re likely to pay 20 to 25%.
The advantage of the typical recruitment model is that these weighty fees are only paid when you successfully hire someone, without any upfront costs. Well, without upfront external costs at least…
There is of course the time it takes to write the job spec, sift through the CVs and refine the brief after the first batch of CVs don’t quite hit the mark…
Working with an agency that doesn’t truly know your business and has a conflicting commercial agenda – after all, they will be working on multiple jobs with multiple clients – is far more time consuming and much less efficient than working with an embedded recruitment partner like Thrive.
The drain on management time is huge (see our article on the hidden costs of recruitment). Recruitment often becomes sidelined while you get on with your day job, and that urgent hire keeps getting delayed or – worse still – the approach to market is half-hearted and good candidates are missed.
At Thrive we charge for the hours we work for you, but in those hours you will see real value and tangible progress. Everything we do contributes to a successful process and can be viewed on our dashboard reports. which provide up-to-date information, such as how many candidates have been approached, what the feedback from the market is, and ratios relating to CVs sent vs interviews.
You get visible effort and results, and no conflicting agenda, and at the end of the process our bill is typically 60% lower than a standard agency fee. See what you could save using our online savings calculator.
If it all sounds too good to be true, have a read of this real-life case study.
Thrive Recruitment offers the opportunity to compete at the next level. Big business has been using Recruitment Process Outsourcing for years, embedding 3rd party recruiters within their businesses to bring in expertise and leverage cost savings. This has always only been available with scale.
Thrive makes this possible for any business.
Using years of recruitment experience and the latest technologies, we offer improved service, a better candidate experience and usually around a 60% saving versus typical agency costs.