I have been having a bit of hard time hiring some new positions in my company, mainly Unity devs. Every time I get a good lead from a recruiter, the fine prints always note they will take 20~35% of the potential employees' pay. Is this legal? How is this legal? Why these vultures take so much of someone's pay? Because they send meaningless messages on LinkedIn to bother people as their job? Yes, I'm ranting.
If it is so easy, why don't you do it? Why don't you spend your time sending "meaningless messages on LinkedIn"
20~30% of monthly pay...no man. That isn't right even if writing messages on LinkedIn is actually hard. Some of them also usually say they don't charge fees to the candidates. Truthfully, I have. Not as much as they do, I'm sure. (Only did less than 10 times and got 6 to reply back with 3 hires in my life.) But I don't take 20~30% off my new team members' pay.
How long do they take the 20-30% for? If it's for a short period of time then I presume there's probably some merit, but for a prolonged period of time that feels like a pretty sweet passive income generation opportunity...
In the states, it is usually 6 months. In London which is the location I'm having most problem in finding hires, they ask for 1~2 years. I am seriously debating going to London and networking to find a candidate instead but I have no background in the tech culture there so it might be too rash of a judgement.
Years and years ago I had a recruiter take his cut for 2 years, but truth be told he was worth every damn dollar he got (and still is). He wouldn't be of much use for the Unity skills you are looking for though as it's not what he specializes in I'm afraid, nor is he in London 😂 I worked in London in the late 90's and from what I recall the hiring process was very recruiter driven at the time. Hardly any companies hired directly if memory serves me correctly but of course, many years have passed since!
Maybe that's why. 🤔 Cultural difference
You pay for a service. Find cheaper if you can but that sounds like a standard rate unless you are big Enterprise and hire out to RPO model. If you have them on contract through agency then they are taking liabilities off company's hands. Laws and separation of contractors and fte and such. And yes, it's legal. It's a service agreement that recruiter, candidate, and employer enter into willingly when done correctly. Service to clients is employer that doesn't have enough bandwidth for in house recruiters, service for employee is if employee is unable or too lazy to do job search themselves or had an opportunity presented to them that they otherwise would not have known about. Don't degrade a profession unless you really understand what it takes. How do you like it when people say all PMs do is set meetings and take credit for people's work? Or engineers just bang their keyboard and glue libraries together? There's usually more to it if it survives as a business model in an open market.
I will take a note on your comments about understanding other professions. I was ranting but it seems like majority of comments are very aggressive and doesn't care for what a rant is... However, we are not looking to fill the position thru a third-party agency. I am aware of how the company can benefit by opting out on liability. I am also aware of having a third-party contract can be problematic in some cases. I want them to have the same benefits and equal and fair compensation. If the cut was only on my company's side, we would have already approved it. However, that weren't the case for majority of the recruiting agency agreements we received.
What do you mean is this legal? You're a fucking idiot. It's business. Either hire your own recruiter, recruit on your own, pay the fee or don't grow your team and die.
I said "How is this legal?" Not "Is this legal?" Also, not using recruiter doesn't mean I'm going to die.
Of course it's legal and it's standard. They get a fee corresponding to a chunk of the annual salary and in exchange, do all the searching, screening and contacting for you. If the new hire leaves within XX days, however, the fee is usually refunded. If you're too busy to deal with all that it's valuable. Or hire your own in-house recruiters to do all that - but they have their own salary/benefits. Or, spend the time doing it yourself.
I am.
This is normal. Don't like it, don't use recruiters.
Why don't you negotiate the price if you don't like it
Actually doing that right now. And apparently, that is the usual process.
You're either a client or a source. That 25% might save you turnover down the road...
Will keep that in mind.
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Don't use recruiters. Problem solved
Yeah. But the potential hire they represent is really exciting sometimes. I wonder if they really even work with the recruiters.
Well if some of them are really exciting, use recruiters. Problem solved.