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  • Item Upon - The 10% Question: Can You Reduce Agency Fees

    Use Your Hobbies to Gain Business
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    d search professional invests a lot of time and resources and effort to complete a search. Why should they work for a half or a third of what they could earn in the current climate (a hot market with labor shortages)?

    An

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    A recent questioner on www.ere.net posed an interesting question. After identifying advertising and recruiting firms as their major sources of referrals, they asked whether they might benefit by reducing fees from 25% or 29% to 10%, This question surfaces from time to time but it surprised me given the strong labor market where firms are having difficulty finding people.

    Of course you a company can lower fees. . . but you will need to lower your expectations.

    Let me ask this:

    Do you expect to receive the same attention to detail?

    Do you expect to receive the same level of serice.

    Do you expect to get as many targeted referrals?

    Do you expect to work with someone as experienced?

    There are a lot more questions I could pose, but these are basic questions. If you answer yes to any of these questions, you're being unrealistic.

    Why?

    An experienced search professional invests a lot of time and resources and effort to complete a search. Why should they work for a half or a third of what they could earn in the current climate (a hot market with labor shortages)?

    And

    Why Do You Need A Brand Agency?
    The purpose of a brand agency is to maximize the impact of your marketing investment. It is to make your brand work the hardest it possibly can. This is because your brand is independent of the money you have available to support it. So the greatest single value to be gained from a branding age
    o 10%, This question surfaces from time to time but it surprised me given the strong labor market where firms are having difficulty finding people.

    Of course you a company can lower fees. . . but you will need to lower your expectations.

    Let me ask this:

    Do you expect to receive the same attention to detail?

    Do you expect to receive the same level of serice.

    Do you expect to get as many targeted referrals?

    Do you expect to work with someone as experienced?

    There are a lot more questions I could pose, but these are basic questions. If you answer yes to any of these questions, you're being unrealistic.

    Why?

    An experienced search professional invests a lot of time and resources and effort to complete a search. Why should they work for a half or a third of what they could earn in the current climate (a hot market with labor shortages)?

    An

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    The word physician often leads to confusion because of its spelling. It has to be remembered, however, that a physician is someone who practices medicine - a qualified doctor - while a physicist is one who carries out scientific research in the field of physics, which deals with the theory of grav
    ur expectations.

    Let me ask this:

    Do you expect to receive the same attention to detail?

    Do you expect to receive the same level of serice.

    Do you expect to get as many targeted referrals?

    Do you expect to work with someone as experienced?

    There are a lot more questions I could pose, but these are basic questions. If you answer yes to any of these questions, you're being unrealistic.

    Why?

    An experienced search professional invests a lot of time and resources and effort to complete a search. Why should they work for a half or a third of what they could earn in the current climate (a hot market with labor shortages)?

    An

    Successful Brand Name Advertising In The Philippines
    If there is one company in the Philippines today that understands and knows the importance and value of brand names is Jollibee. A brand name creates a perception in the customers mind that becomes very strong, and no one understands this more than our countries number one fast food chain.A
    expect to work with someone as experienced?

    There are a lot more questions I could pose, but these are basic questions. If you answer yes to any of these questions, you're being unrealistic.

    Why?

    An experienced search professional invests a lot of time and resources and effort to complete a search. Why should they work for a half or a third of what they could earn in the current climate (a hot market with labor shortages)?

    An

    Why Should We Hire You?
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    d search professional invests a lot of time and resources and effort to complete a search. Why should they work for a half or a third of what they could earn in the current climate (a hot market with labor shortages)?

    And the successful recruiter wants to be paid for their efforts and experience, just as your company does.

    Let me pose this question--If your company is approached today about selling its product or service for a half or a third of what it charges, would it sell it and support it for that?

    Why should a recruiter do that unless they were selling you the best of what was left after they sold it to their normal paying clients? To say it another way, they will send their best applicants to the company that will pay them a normal fee. After all, if you referred someone who is hired at a $100000 salary, don’t you think they want to $20000, $250000 or $30000 instead of $10000?

    But, I’ll offer them volume and exclusivity!

    Experience says that isn’t the case and that you’ll expect them to work as hard as they do now for their higher fee.

    The fact is, I know search firms who a

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