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How much does a headhunting company cost?
Headhunting companies charge a fee. There are three main charging methods for headhunting companies: one is based on process charging, the other is charging based on results, and the third is package charging.
1. Charges based on process
Major international headhunting companies charge based on process, which includes consulting services. Similar to auditors and IPO underwriting lawyers, the candidates may not have been recruited yet, and more than half of the service fee has already been collected. If you don’t want to hire a multinational group CEO, CFO, or a very high-end position, it’s best not to go to these headhunting companies. , they will ignore you even if you contact them. The headhunting service fee quoted is more than 30% of the candidate's annual salary. Payment is made step by step. The warranty period is usually 6 months.
2. Pay based on results
At present, the most mainstream charging method among domestic headhunting companies accounts for more than 99% of the domestic market. This charging model will charge a certain advance payment after signing a contract with the company, which is also to ensure the authenticity of the position. The advance payment generally ranges from 5,000 to 10,000. Whether or not to receive the advance payment, whether it is more or less, can be discussed with the headhunter. The remaining fees will be collected in one lump sum after the talent is recruited, and the total fee generally ranges from 25 to 35 years of the talent's years.
For example: If you want to recruit a director, and the annual salary is set at 40W, then you need to pay a headhunting fee ranging from 100,000 to 120,000. The warranty period is generally 6 months. If you leave due to selection reasons, , then the headhunting company will continue to recommend candidates to the company for free until they are hired.
3. RPO and recruitment outsourcing that pay according to the package price
RPO, which is currently growing rapidly, is a bit like a small headhunter. For example, if a customer wants to recruit 200 sales elites in batches, then They do not charge based on the candidate's annual salary, but based on packaging one order in batches. The package price of this order is 2 million, so the cost per person is equivalent to 10,000 yuan.
The above three methods are currently the most important charging methods used by headhunting companies. However, there is currently no unified standard in China’s headhunting market. Some headhunting companies may have other charging methods, so when working with headhunting companies, When cooperating with companies, it is necessary to communicate the cost issue to avoid any unpleasantness in future cooperation!
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