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I'm curious... It could be different in Scotland but i'm a tech recruiter in the US and every company I know gets paid a % of the base salary of successfully pl
by Taylor_OD 10y ago
I'm curious... It could be different in Scotland but i'm a tech recruiter in the US and every company I know gets paid a % of the base salary of successfully placed developers. Our fee is 20%-25%. So it's in my best interest to get you MORE money. You get a base salary of 100K and i get 25K. You get a base salary of 19K and I get less than 5K.
The only exception is contracting where we charge a bill rate to the client and pay the developer a rate but usually people don't mind when they are making $70+ an hour.
- geebee 10y agoThat helps but doesn't necessarily solve the problem. There is a similar situation in real estate. The broker's main financial incentive is to ensure the deal happens. Keep in mind, if you're getting paid a commission only after a deal happens, would you want to make a deal that day for 5% of $1mil, or wrangle for months and risk the deal to close at $1.1mil? Now sure, 200k vs 1mil is a big deal, but that kind of difference isn't that common. Typically a recruiter would prefer to get a higher salary for you, sure, but not if it entails far more work or risking the deal. There is, of course, reputation to consider - a real estate agent who develops a reputation of closing deals far too quickly in order to get a quick payday may start to have trouble finding clients.