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| Reply To This Thread |
| Re: Rebates |
| Author: | melaniem |
| Date: | Tuesday, 12th Sep 2006 18:54 |
| Views: | 323 (excluding Digests and RSS feeds) |
| Category: | Fees and Terms of Business | | URL: | http://web.ukrecruiter.co.uk/forum/Forum/read.php?i=3485 |
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rebate period i have used recently is:
1- 2 weeks from start date 100%
3- 4 weeks from start date 50%
5- 6 weeks from start date 25%
6- 8 weeks from start date 10%
8+ 0%
quite different to yours as you seem to give alot more back. Clients rarely ask us to negotiate but if they do we give them the choice of negotiating the rebate or the fee?
to be honest i think very few companies have ever asked us to negotiate the rebate period and when they have, i have just said no. Its amazing what clients think they can try to negotiate on and they will all ask for something to be change but i advise stand your ground the forst time they ask and just say they are non negtiatable and unless they really go on about it stick to it.... |
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| Reply To This Thread |
| Re: Rebates |
| Author: | DavidR |
| Date: | Wednesday, 13th Sep 2006 08:44 |
| Views: | 337 (excluding Digests and RSS feeds) |
| Category: | Fees and Terms of Business | | URL: | http://web.ukrecruiter.co.uk/forum/Forum/read.php?i=3485 |
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I used to work for a rec co whose "rebate" terms were that if a candidate left within 8 weeks of joining the client we would re-start the recruitment process and replace the candidate free of charge. The client had to pay for any advertising that was needed but there was no recruitment fee.
They never gave money back.
This was for a permanent, retained assignments only, recruitment company though. Maybe this is standard for this type of recruitment. |
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| Reply To This Thread |
| Re: Rebates |
| Author: | Gwhitey |
| Date: | Wednesday, 13th Sep 2006 09:03 |
| Views: | 322 (excluding Digests and RSS feeds) |
| Category: | Fees and Terms of Business | | URL: | http://web.ukrecruiter.co.uk/forum/Forum/read.php?i=3485 |
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Elly
My terms are:
1-2 weeks 90%
3-4 weeks 80%
5-6 weeks 60%
7-8 weeks 40%
9-10 weeks 20%
11-12 weeks 10%
Sometimes we extend or negotiate a fee - you judge each request on its merits.
If clients are asking for 100% in first four weeks you could agree to this and adjust the percentage for the other weeks accordingly. It would depend on how confident you are that the candidate will work out. If your sure - give them the 100% as you arn't going to pay out as the candidate won't be leaving. |
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| Reply To This Thread |
| Re: Rebates |
| Author: | Stephen |
| Date: | Wednesday, 13th Sep 2006 12:15 |
| Views: | 345 (excluding Digests and RSS feeds) |
| Category: | Fees and Terms of Business | | URL: | http://web.ukrecruiter.co.uk/forum/Forum/read.php?i=3485 |
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I don't believe in giving rebates of cash back in any circumstances. I offer instead, a credit against the client's next recruitment fee, whether it's to replace that candidate or a new position. Once a client has selected and recruited a candidate of mine, then my responsibility ends. I have no control of which candidate is offered the job, nevermind what happens once they start in the job.
If I were billing a fixed fee for my time, rather than a contingency fee, then I'd maybe consider it, but only then. As many fees are discounted these days, I think that offering a rebate on a contingency fee is very bad business. |
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| Reply To This Thread |
| Re: Rebates |
| Author: | Tom Atkinson. |
| Date: | Sunday, 17th Sep 2006 19:11 |
| Views: | 313 (excluding Digests and RSS feeds) |
| Category: | Fees and Terms of Business | | URL: | http://web.ukrecruiter.co.uk/forum/Forum/read.php?i=3485 |
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I know Stephen's great approach works very well for him. Perms Simply's 12 month Replacement/Rebate Guarantee is winning lots of deals for its agency customers because it is so easy to sell and they don't have to pay any rebate. See www.permssimply.co.uk Some are now using both Stephen's approach and Perms Simply too, giving the best of both options. |
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