How Much Do Staffing Firms Charge For a Direct Hire Placement?
Posted by Talent Plus Staffing
If you need to hire someone to fill a long-term position, a direct hire is the way to go. Direct hire placement is different from temporary staffing because the candidate takes on a permanent position that is usually full-time from Day 1.
Costs Associated with Direct Hires
There are two ways to fill a position in your company. You can either go out and find that person yourself, or you can turn to a recruitment agency. Either way, there is a cost associated with the process. You have to take time away from your business to find, source, interview, hire, and train someone, or you can pay a recruiting agency to do that time-consuming work for you.
On average, you can expect to pay 20% of the median salary when hiring for a permanent position. The majority of fees range between 15% and 25%, so that can provide you with an idea of the high and low numbers. Recruitment agencies charge their fee based on a percentage of the annual salary.
It’s important to shop around, as not all staffing agencies are the same. Receiving a top-notch employee who is committed to the position may result in a high price tag. It’s vital to recognize that while eager job seekers may come at a cheaper cost, they will end up costing you more in the long run due to turnover. Regardless, when reviewing direct hire fees, always compare apples to apples.
Is it Worth it to Use a Staffing Agency?
Staffing agencies offer a wide range of benefits, especially if you are in an industry with hard-to-fill jobs. Even if you have positions that seem relatively easy to fill, using a recruiting agency ensures that all candidates are prescreened and qualified for the job. Saving time in your internal hiring process will save you money in the long run, and you can rest easy that open positions were filled with top talent. Some of the hardest to fill jobs include:
● Skilled trade
● Sales representatives
● Service reps
● IT staff
With fast hiring, reduced risk, and flexibility, professional recruiters can be the answer to your staffing needs. Talent Plus Staffing is committed to finding the most qualified candidates for our clients – even when they have impossible-to-fill jobs. You won’t be disappointed in the talent we have to offer. Call us today to learn more!