Employment agencies’ pricing structure depends on many factors: the type of candidates you intend to hire, and their level of experience. Additionally, the location, hiring timeline, and the volume of workers you need may influence the overall costs. Agencies’ fees are usually flexible and tailored to the client’s specific needs. 

what influences the price of an employment agency:

pricing structures of an employment agency

how payment works

On behalf of the client, the agency hires, manages, and pays the candidate. Workers are considered agency-employed rather than client-employed.

You pay the agency for the candidate's services. Rates consist of 3 core elements:

  • Candidate Pay: compensation for the worker's services;
  • Legal fees: legal requirement to cover things like insurance and taxes;
  • Agency fee: covers agency services such as candidate search and management.

The total bill varies greatly depending on the skills you're looking for, candidate availability in your market, and many other factors. 
 

how the payment works

  • We work closely with you to source, interview, and screen candidates to join your team permanently.
  • You pay the agency a fee based on a percentage of the new hire's annual salary. The rate usually depends on the skills and experience required and the complexity of finding the right fit. 
  • When the candidate joins your company, the client pays the full fee up front. If the candidate leaves your company, a replacement guarantee can be offered.

how the payment works

The client commits to an agreed-upon retainer fee (typically based on a percentage of the executive's annual salary), which is paid as the agency achieves certain milestones in the hiring process.

  • 1st payment: made in advance at the beginning of the search process upon contract signing.
  • 2nd payment: typically paid once viable candidates have been identified and interviewing has begun, although an alternative milestone may be agreed.
  • 3rd payment: when a candidate is selected and hired, the third and final payment is made.

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