Re:Don’t Feed the Beast – The Great Tech Recruiter Infestation
by mjn on Friday October 16, 2015 @11:17AM
(#10399868)
It's funny to read complaints about rent-seeking and someone taking a percentage off the top on a tech forum, where that is the business model of a large portion of tech companies themselves. When authors complain about Amazon being rent-seekers "stealing" a percentage of authors' income, they don't tend to get a lot of sympathy here.
Re:Don’t Feed the Beast – The Great Tech Recruiter Infestation
by Brakenshire on Friday October 16, 2015 @11:42AM
(#10400036)
Rent seeking means taking a percentage without bringing any value. I'm on board with many of the complaints about Amazon, but it's clearly not the case to say they don't add value.
Of course many/most recruiters will also bring value, but it's a question of degree. If someone is recruiting for a technical position and they don't have the technical understanding to make any meaningful judgment of the candidate, it's reasonable to ask whether they are worth their fee. Obviously the extent to which that applies depends on the individual, the company, and the local business culture.
Re:Don’t Feed the Beast – The Great Tech Recruiter Infestation
by celticninja on Friday October 16, 2015 @04:03PM
(#10401678)
Value is subjective. The contractor doesn't see the value but the company using the agency does.
Do you know how agencies work? You do understand that employers contact them and ask them to find people, to organise their payroll, do relevant checks e.g. confirm right to work, security, skills etc. And these companies know they will be paying a % to the agency and this is because they dont want to do that work themselves they just want a competent worker in place asap.
Those same employers could spend their time searching job boards for suitable candidates but they don't want to so they outsource.
As for the OP saying they are taking 15% of his money. That's not the case. In most cases the Employer will agree a rate with the agency, so they will be a maximum of e.g £250 a day for the contractor and a 15% fee to the agency. So they are paying out around £290 per day to the agency. If the contractor was located directly do you think they would pay him/her £290 per day? No they would pay £250 as they know that is the going rate. they pay the agency fee so they dont have to go through the recruitment process e.g. post adverts, interview people (phone), interview (in person) skill check, right to work check etc.