Are you a business owner looking to streamline your hiring process? Or perhaps you’re a job seeker seeking opportunities through a staffing agency? Either way, understanding staffing agency fees is crucial.
Staffing agency fees can vary based on several factors, including the type of staffing services provided, the level of expertise required, and the geographic location of the agency.
On average, staffing agency fees typically range from 15% to 50% of the hired employee’s first-year salary. However, this can fluctuate depending on the industry, the complexity of the job, and the specific services offered by the agency.
For temporary or contract placements, staffing agencies often charge a markup fee on top of the employee’s hourly rate. This markup can range from 25% to 100%, depending on the agency’s overhead costs and profit margins.
Keep in mind that while these fees may seem steep, they often include various services such as candidate sourcing, screening, background checks, and administrative support throughout the hiring process.
When evaluating staffing agencies, it’s essential to consider the value they provide beyond just the fees. Are they focused on your industry, are they experts in it.
Some staffing agencies offer flexible fee structures, such as flat fees or volume discounts, especially for clients with ongoing staffing needs. It’s worth exploring these options to find the best fit for your budget and hiring requirements.
Transparency is key when discussing fees with a staffing agency. Make sure to ask detailed questions about what services are included in the fee and any additional costs you may incur throughout the process.
At Pivot Staffing Solutions, we’re experts in the construction space with our network filled candidates that could be right for your growing business. Our fee structure is fair, easy to follow and has no hidden fees.
In conclusion, while staffing agency fees may vary, they are an investment in your company’s success. By understanding the average costs and evaluating the value proposition of different agencies, you can make informed decisions that benefit your business in the long term.
For more information and for how Pivot Staffing Solutions can help your construction or trade based company, check out our website.
