This Week’s Split Placements . . . Including a 35% Fee
One of the indicators of how things are going for recruiters overall is their prevailing fee percentage. Typically, that fee is 20% to 30% of the candidate’s starting salary.
Well, in this week’s breakdown of split placements within Top Echelon Network, there’s a placement with a fee of 35%. The Preferred Member recruiters involved placed a Project Electrical Engineer, indicating that there’s a need for such candidates.
What about the other percentages for this week’s split placements? The majority of them are 25% fees, and the others are 20% fees. During the depth of the recession, it wasn’t unusual to see fees as low as 10%, but as the economy improves and grade-A candidates become more difficult to find (especially in high-demand industries like Information Technology), fees are beginning to rise.
What’s been YOUR experience? Do you believe that companies are more willing to pay fees in the 25% to 30% range? Or are they still attempting to keep fees as low as possible, no matter how badly they need the talent for which they’re looking? Feel free to comment at the end of this blog post.
In the meantime, below are the split placements in Top Echelon Network for this week:
THIS WEEK’S COMPLETED SPLIT PLACEMENTS!
Job order recruiter: Ron Magnusson of Norseman Recruiting Services
Candidate recruiter: David Wick of Career Center of Cincinnati
Job title: PROJECT ELECTRICAL ENGINEER
Fee Percentage—35%
Action causing split placement: Regular communication with another Top Echelon Network Preferred Member
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Job order recruiter: Jim Smiarowski of Atlantic Systems Group
Candidate recruiter: Judy Kaplan of Prof’l Recruiting Consultants
Job title: SAP FUNCTION ANALYST
Fee Percentage—20%
Action causing split placement: Regular communication with another Top Echelon Network Preferred Member
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Job order recruiter: Jan Burke of MetalJobs Network
Candidate recruiter: Steve Kohn of Affinity Executive Search
Job title: INDUSTRIAL ELECTRICIAN
Fee Percentage—25%
Action causing split placement: The job seeker or client was found through Steve Kohn’s Hiring Hook Website.
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Job order recruiter: Larry Baker of Computer Careers
Candidate recruiter: Trey Cameron of the Cameron Craig Group
Job title: MECHANICAL ENGINEER
Fee Percentage—20%
Action causing split placement: The job seeker or client was found through my Hiring Hook Website.
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Job order recruiter: Eric V. Stearley, CPC of Eric V. Stearley, CPC & Associates
Candidate recruiter: Ed Chambers of Search Team One
Job title: MANUFACTURING ENGINEER
Fee Percentage—25%
Action causing split placement: Regular communication with another Top Echelon Network Preferred Member
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Job order recruiter: Lisa DeBenedittis of Elite Recruiting Services, Inc.
Candidate recruiter: Stephanie McGinty of Ives & Associates, Inc.
Job title: SENIOR PRODUCT MANAGER
Fee Percentage—20%
Action causing split placement: Regular communication with another Top Echelon Network Preferred Member
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Job order recruiter: Debbi Reiger of Reiger Technical Search
Candidate recruiter: Melinda O’Neil of Enterprise Search Associates
Job title: .NET DEVELOPER
Fee Percentage—25%
Action causing split placement: Regular communication with another Top Echelon Network Preferred Member
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Job order recruiter: Stacy Pursell of The Pursell Group, LLC
Candidate recruiter: Rebecca Kohn of Affinity Executive Search
Job title: BIOSECURITY TECHNICAL SERVICES VETERINARIAN
Fee Percentage—25%
Action causing split placement: Regular communication with another Top Echelon Network Preferred Member
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Remember, you can opt out of having your split placement highlighted. All you have to do is send an email to marketing@TopEchelon.com indicating your desire to be left out. Once you do so, you won’t be included in future installments of this feature.
If you’d like to see the amount of the fees associated with each of the split placements listed above, login to the Members’ Area and click on the profiles of the recruiters involved. The fee totals will be included along with those split placements.
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MDeutsch@TopEchelon.com
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