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Last week, some recruiter told me the max he can pay is 75 per hour. Just for fun, I said the min I would consider is 90 (my rate is not that much). He immediat
by akudha 5y ago
Last week, some recruiter told me the max he can pay is 75 per hour. Just for fun, I said the min I would consider is 90 (my rate is not that much). He immediately said yes. Then I found out that this was for a FAANG company, I am pretty sure he is charging much more than 90.
Point being, recruiters suck. I have no idea how much Intel pays, but I'd wager it is much more than 65, especially if they are asking for deep knowledge of the topics you mentioned.
If you can avoid recruiters, avoid them. Some of us can't, and that sucks.
Some of my delightful experiences with recruiters:
Changing my resume without my knowledge, I find out during the interview. Awkward silence between me and the interviewer.
Asking for referral fee a full six months after I was placed. My friend referred me, got the referral bonus. Six months later, this recruiter calls me up angry, asking for referral fee (why he called me instead of HR, I have no idea).
Lying (or not mentioning) about the end client, to get lower rate.
Asking for every single detail about the candidate, many of which makes zero sense. In other words, collecting as much data as possible, God knows what they use it for.
Yelling at me when I refused to take up a contract after the interview (I didn't like the place) because "You are ruining my relationship with my client"
And on and on. I know others have worse stories. I am yet to find a recruiter who genuinely cares about the people they place. It is all transaction to them, to hell with relationships and people.
- the__alchemist 5y agoHow does the recruiter charge more? Do they act as a subcontractor intercepting the employee's paycheck? What stops someone from going around them?
- UncleOxidant 5y agoCompanies like Intel won't deal directly with you. They require you to go through a 3rd party company. As far as I can tell you can't even search for these contract gigs on their site.
- kypro 5y ago> Last week, some recruiter told me the max he can pay is 75 per hour. Just for fun, I said the min I would consider is 90 (my rate is not that much). He immediately said yes. Then I found out that this was for a FAANG company, I am pretty sure he is charging much more than 90. I'm from the UK so perhaps I'm missing something here, but how would the recruiter benefit from putting you forward at a lower rate? Do they not take commission as a percentage of your rate? Here in the UK recruiters are pretty decent imo. They've helped me negotiation higher salaries and day rates in the past. They take a decent cut, but that gives them more incentive to get the best rate possible.
- killtimeatwork 5y ago> I'm from the UK so perhaps I'm missing something here, but how would the recruiter benefit from putting you forward at a lower rate? Do they not take commission as a percentage of your rate? Usually, no. Some claim to be commission-based, but most just sell you for X to the customer comany, while paying you Y (Y < X). The customer company usually doesn't even know what the Y is, while you don't know what the X is. In extreme cases, the recruiter's profit margin can be over 50% (i.e. they make more money on your work than you do).
- UncleOxidant 5y ago> If you can avoid recruiters, avoid them. Some of us can't, and that sucks. Intel won't let you contract directly, you have to go through a 3rd party. I can't seem to find how to search for these contracting gigs on Intel's job site - the job ids are unrecognized.
- llampx 5y agoI've always wondered why this is the case. TEKSystems for example is a well-known middleman. Do the big corporates just enjoy wasting money on middlemen?