How much commission should a recruiter make?

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  • เผยแพร่เมื่อ 23 ก.ย. 2024

ความคิดเห็น • 93

  • @RoyceF52
    @RoyceF52 3 ปีที่แล้ว +22

    Just checked out the course she mentioned. I'm sure it has a lot of good info but its like $2500 for the course?! I like how professionals act like they really want to help people and then charge this much lmao

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  3 ปีที่แล้ว +11

      The course is $600, yes its a bit pricey, but I've also made 100+ videos here on TH-cam that are free and have great info.

    • @RoyceF52
      @RoyceF52 3 ปีที่แล้ว +5

      @@TheMillionaireRecruiter yah I’ve been going through some of them thank you. And I’m sure your course sells it’s jus I have an interview with a recruiting agency coming up and saw this course and I was like this is perfect for me to prepare🙌🏾. But I was expecting maybe around $100 which I forsure would’ve paid for so if there’s ever a big sale plz lmk lol

    • @danadane4375
      @danadane4375 3 ปีที่แล้ว +2

      @ryan Campbell your Right . Do your research 🧐

    • @businesscenter9131
      @businesscenter9131 2 ปีที่แล้ว +6

      @@danadane4375 LOL I love when people tell a business owner how much they should sell their expertise for. Keep up the good work. Ignore silly comments. I wish him well in finding his $100 course.

    • @carvdecarv
      @carvdecarv 2 ปีที่แล้ว +3

      A successful recruiter won't even blink to spend $2500 for training because they know it will pay them 10-100x that!

  • @liberationpocket7950
    @liberationpocket7950 2 ปีที่แล้ว +4

    I mean yeah this makes sense if you are part of an outsourced agency but recruiters who have base salaries are more than likely direct recruiters for a company. Recruiters who recruit for a specific company pay salaries because commissions could be super costly for the company, especially if you have a whole team of recruiters

  • @goatf0rm
    @goatf0rm 11 หลายเดือนก่อน +1

    I've been trying to break into tech (sales) for the past few months and during the process I'm realizing recruiting is a desirable field to get into. My background is sales and I'm considering pivoting. Thanks for this info!

    • @tevinmaccaden
      @tevinmaccaden 8 หลายเดือนก่อน

      Same here !! Same story lol

  • @radagascar1
    @radagascar1 5 ปีที่แล้ว +11

    Thanks for the insight. I'm considering working for a niche recruiter (cyber security) and it's good to go in educated about what a decent commission structure looks like. I'll probably reach out at sometime to learn more about your accelerator if it works out.

  • @Baddgallindsay
    @Baddgallindsay 3 ปีที่แล้ว +8

    Mannnnn I'm brand new to the recruiting world and I can already tell I'm being taken advantage of 🤦🏽‍♀️

    • @alexiswilson6077
      @alexiswilson6077 3 ปีที่แล้ว +1

      I work as an internal tech recruiter just started my career making $60,000. It’s internal and no commission. but am highly considering an external recruiting agency.

    • @basedgod8636
      @basedgod8636 2 ปีที่แล้ว

      I feel you completely

    • @gracefullyrachel6573
      @gracefullyrachel6573 2 ปีที่แล้ว

      @@alexiswilson6077 mat I ask why I work for a third party agency and it seems like internal would be better,no?

  • @JavietteJ
    @JavietteJ 2 ปีที่แล้ว +3

    This is good to know I have an interview on Monday to be a recruiter. It says the base is 45k but the commission potential says 130k-195k so I will definitely be asking in the interview how much of a peerage the commission is.

  • @stevehanna2337
    @stevehanna2337 4 ปีที่แล้ว +9

    10-20% of fees? Wow, that's horrible. I make 40%. That's on a full draw btw. Even when I was salary ($35k) at my old firm, I made 25%.

    • @patrickk5370
      @patrickk5370 4 ปีที่แล้ว

      Steve,
      Can we connect via email?

    • @HeidiHalloween1
      @HeidiHalloween1 4 ปีที่แล้ว

      Steve, are you doing this in your own company or hired?

    • @elijahjohnyarra
      @elijahjohnyarra 3 ปีที่แล้ว

      I'm interested to get access to opportunities like that

    • @ketant3339
      @ketant3339 3 ปีที่แล้ว

      I am interested in these type of opportunity. Steve , can we connect please? Thank you!

    • @yamajesty13
      @yamajesty13 3 ปีที่แล้ว

      What's the relationship between you and the employer?

  • @keifer7813
    @keifer7813 2 ปีที่แล้ว +1

    1:25 Well that's dumb. Why not just give your employees a base salary and uncapped commission? Any company or agency that caps commission for salespeople is living in the clouds. That's exactly how you demotivate your employees

  • @SDR-TV17
    @SDR-TV17 2 ปีที่แล้ว

    Great insights here Brianna, thanks for sharing!

  • @jshinn123
    @jshinn123 3 ปีที่แล้ว +1

    I have an interview next week as a receptionist for an agency (at $15/hr) with the strong possibility to become a recruiter after a few months. Wish me luck!

    • @BlacksmithBets
      @BlacksmithBets 3 ปีที่แล้ว

      Good luck, it's a very rewarding career. Just be enthusiastic about progressing and show that you are keen to make money and they will see potential in you.

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  3 ปีที่แล้ว

      Hope it went well!

  • @ReflectedExpressions
    @ReflectedExpressions 2 ปีที่แล้ว

    Maybe the reason why that guy who only asked for a $100 per placement is because he/she is yet starting as a freelance recruiter until that person is able to come up with enough to start as a corp or llc business. Let’s face it: not all have some cash to shell out to, at least, get a business permit/license. So, wouldn’t you agree that if recruiting and helping clients meet candidates and vice versa will be one’s next passion, freelance recruitment is your go-to gig to get you started soon as a fully functional recruitment business?

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  2 ปีที่แล้ว

      Yeah freelance recruiting is a great gig. Lots of people jump into starting their own biz too soon. Running a business is a lot of work.

  • @Ms_AP_
    @Ms_AP_ 3 ปีที่แล้ว +2

    I am looking to switch careers. What do you think wpuld be the best kind of enrry level role / position title for someone like me? Are there recruiting companies that train or should I seek out some training before even trying to apply? Which is better for entry level - staffing agency or internal recruiter? So many questions! Thanks for your great channel content!

  • @emplochoicestaffingagency4908
    @emplochoicestaffingagency4908 2 ปีที่แล้ว

    10%-20% per placement will be fair without hourly pay and benefits then. If you work for the company who makes 20-30% per placement then company will go broke with 10 % and especially 20% of the fee. The numbers do not add up for the owner of the company. I'm all about employee compensation but no one want to break a bank. Am I missing something here?

  • @motivatemejas8118
    @motivatemejas8118 ปีที่แล้ว

    Tech is completely different than any other field

  • @joselynmendez7434
    @joselynmendez7434 2 ปีที่แล้ว

    I love all your videos thank you so much 🙏

  • @ellajunesniece3990
    @ellajunesniece3990 5 ปีที่แล้ว +3

    Any advice for a new Recruiter working for commission only and how one can be successful pitching candidates to hiring companies?

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  5 ปีที่แล้ว

      Ella June's Niece, do you mean getting a new client with a candidate pitch? Or do you mean getting a current client to talk to one of your interested candidates?

  • @3531sampson
    @3531sampson 4 ปีที่แล้ว +5

    I just got hired on as a recruiter for a small agency and I will be getting a salary + commission. This will be my first recruiting job and I was wondering if it would be best to work for this agency for a couple years then work privately after that?

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  4 ปีที่แล้ว +5

      Congrats and good luck! That's exactly what I did and would recommend. You'll build great fundamentals there. Hopefully, they'll provide good training! If you think you need additional training material then check out my e-course. :)

    • @mcalann
      @mcalann 4 ปีที่แล้ว

      How did you get into recruiting

  • @subarianEra
    @subarianEra 2 ปีที่แล้ว

    In your example, you are only getting $5600 if you are both the recruiter and the account manager who sourced the client. Isn't the $5600 fee suppose to be split 50/50?

  • @glassjoe8673
    @glassjoe8673 3 ปีที่แล้ว

    Once you are owed a 6 figure commission the company will let you go without notice and keep the money in many states who don't regulate commission like Utah.

    • @BlacksmithBets
      @BlacksmithBets 3 ปีที่แล้ว +2

      If you're good surely they'll want to keep you as you will keep making them even more money?

  • @matthewmusselwhite591
    @matthewmusselwhite591 3 ปีที่แล้ว +1

    Wow... wow, wow! I have been working with a recruiter since April 2021 and the hiring department has been sitting on their asses so I have been applying and applying on my own and have had 4 interviews all within a week. Why isn’t my recruiter doing the same on my behalf? Now I’m thinking that maybe I should be a recruiter and not the recruitee....

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  3 ปีที่แล้ว +2

      Not every recruiter is great! They also might not have roles that fit your skill set or experience. :)

  • @sl1ker
    @sl1ker 3 ปีที่แล้ว +1

    How much should I negotiate for pay on an entry level recruitment position? Current position pays 45K plus commission. Could you please provide some insight as to what I can reasonably negotiate, as again, I have no prior recruitment experience but tons of experience in sales, management and marketing. Thank you kindly!!

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  3 ปีที่แล้ว

      Hard to say because it varies upon location and industry. Try and research what others are making in a similar position as yours.

  • @jbilotta
    @jbilotta 2 ปีที่แล้ว

    I had to stop the video to ask this question: I recently interviewed for a project coordinator role that read as a project management role. When I interviewed the hiring manager did say it was a project management role but just at the first level. I mentioned it was advertised as a project coordinator role and we moved on with the interview. This role pays less than what I made in my last job as a project coordinator and the agency is offering me only 41 per hour. I have no idea what they’re making off of the top for me I’ve seen purchase orders that the agency was making as much as the employee. The agency that I’m working with is unmovable under hourly rate when I’m sure there’s some flexibility when I’m just looking for a few bucks more. What are your thoughts on this I think I’m being taken advantage of!

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  2 ปีที่แล้ว

      That's a hard one as I don't want to speak badly about an agency as I don't fully know the whole story. I personally make full-time placements, so I don't have to deal with this. As a contracting agency you can cut all sorts of deals. They might be taking advantage, however, the client might be taking advantage of your company. It's hard to say. I'd do some market research and hold strong on what you think you are worth and what you can get. Right now candidates have a lot more power than they used to.

  • @ambientsoda106
    @ambientsoda106 4 ปีที่แล้ว +1

    So are you only paid by commission...? And only for a 10-20% fee of the first year or every every year if employment..
    But if you worker gets paid 26000 a year 10%=2600 a year, and 20%=5200 a year. But if you only make that for one year you need a constant flow of employees what about taxes, save howd you get workers to stay in the agency?

  • @shenaniganskywalker518
    @shenaniganskywalker518 หลายเดือนก่อน

    Overly attached recruiter

  • @TheTechnicalRecruiter
    @TheTechnicalRecruiter 3 ปีที่แล้ว

    What about contract only placements? I live in missouri and get 60,000+headcount bonus+commission. If your weekly velocity is 15,000 for example for the company you make 7% commission of that total. I w2ed around 140,000 with a book of business around 30-35 throughout the year(all IT placements). I feel like I have golden handcuffs to try and make a move :(

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  3 ปีที่แล้ว

      That sounds great, as long as you enjoy it! I don't know much about contract placements.

    • @anthonyortiz9257
      @anthonyortiz9257 3 ปีที่แล้ว +2

      Hi Matt, dont know if this helps but my agency allows me to do both contract and direct hire placements. I have about 26 consultants on billing average all technical and get paid based on the hours they work. I average about 30,000 a month in revenue for the company and my commission structure is 37.5% of that so take home (before tax) is a little over 11,000.
      Same works for direct hire placements 100k salary
      20,000 dollar fee
      Split that with the account manager who got the job req
      10,000 in profit my side
      37.5% commission = 3700 dollars take home
      Hope that helps!

  • @barbarabutler1934
    @barbarabutler1934 2 ปีที่แล้ว

    Do truck driver recruiters fall under this advice?

  • @ItsBravoP
    @ItsBravoP 3 ปีที่แล้ว

    Great video!! I do have a quick question. Im not understanding where the $5600 is coming from. You said the average fee is $28000 (25% of a placements salary).Does the whole $28000 fee go to your company and you pay yourself 20% out of that and reinvest the difference? Or is the $28000 split between you and your clients in-house recruiter and you keep 20% of the 20% first years salary? If you can explain that for me I’d greatly appreciate it.

    • @alexiswilson6077
      @alexiswilson6077 3 ปีที่แล้ว +1

      The $28000 is split between her and the recruiter. The recruiter gets 10-20% of that $28,000 per placement.

  • @princesscarsyn-daddieduties
    @princesscarsyn-daddieduties 2 ปีที่แล้ว

    Hello... so today companys are looking to get into a profit sharing model for a company or individual to do life cycle recruiting. I have been stumpped on this type of model because I think it takes risk off the table for the client and have not seen this type model before and is mind boogling to me. Have you seen this before or setup a model like this?

  • @pamelashivers5234
    @pamelashivers5234 2 ปีที่แล้ว

    I'm interested in Contract recruitment, how can I get started?

  • @sourapril
    @sourapril 2 ปีที่แล้ว

    I know you mentioned the recruiter should be getting 10-20% of the placement fee. The company I work at has a weird commission structure between 3.5-30%. So as I get more experience and billings the percentage would go up to 30%. Is 3.5% too low for starter?

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  2 ปีที่แล้ว

      Yikes! Yes, that's too low. Unless....you're getting a big base salary.

  • @lynndowless5152
    @lynndowless5152 3 ปีที่แล้ว

    What kind of recruiting?

  • @thedarksharkk3936
    @thedarksharkk3936 2 ปีที่แล้ว

    Thanks for the information! I recently Sent in a rate of 13% to a company after my interview and when they told me the average contrate rate was 20-30%, I slapped myself in the face and now lets just say they are trying to speed up this hiring fast! What do I do? Do I accept my rookie mistake or do I say I made a mistake and have to raise my rate?

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  2 ปีที่แล้ว +3

      ah! I hate that! Companies (vs agency) have a very different view on response rate and it's not accurate. 13%(per Linkedin in every industry) says that's the threshold. They don't even look at it per industry, just as a whole. In tech, with 150 inmails a week, 13% is great assuming there are enough positive responses. I have been told recently that 23% is bare minimum for internal recruiters. I then asked how many inmails their recruiters send out and they said about 50. Well....there you go.
      It would be very difficult to go back and say you messed up. You'll get it next time. In the future, I would say, "I always try to stay above 13% response rate. I focus more on how many solid and interested candidates I send to the hiring manager a week." Again, depending on what what you're recruiting for, would depend on this answer. For tech, 3-6 interested candidates a week will get the job done. I would try and drive an interview and ask what their KPIs are first so you don't get stuck on this again.

    • @thedarksharkk3936
      @thedarksharkk3936 2 ปีที่แล้ว

      @@TheMillionaireRecruiter I appreciate your fast response as well as your professional insight. Your right, ill just leave this as a learning experience and just focus on producing quality candidates. I promise i will aim higher then 13%. Tech is the field, im sourcing for and 5% for another company. Just a rookie mistake, but I appreciate the end goal! Whether 5-50% ima produce quality candidates!

  • @philsil1512
    @philsil1512 4 ปีที่แล้ว +1

    helo how are you i dont know how am going to charge for my recruiting agency kindl;y help me

  • @diywithmrunali
    @diywithmrunali 4 ปีที่แล้ว

    Hi mam I starting to work as freelance business development for a recruitment agency can u pls telle how to approach new client on email and linkedin to signup the client other than cold calling

  • @humbleharvest8338
    @humbleharvest8338 3 ปีที่แล้ว +1

    How do you get into the recruiting field?

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  3 ปีที่แล้ว +1

      Start applying for entry level jobs and make connections on LinkedIn

  • @carmelocolonpena277
    @carmelocolonpena277 3 ปีที่แล้ว

    Hello, what do you think about payroll funding companies? Do they work?

  • @gsabella4
    @gsabella4 2 ปีที่แล้ว

    Great content. I feel I'm underpaid for sure, even with just hitting 1 year of experience. Worked in IT infra before recruiting. For example I just filled a role at $160k w/ $10k signing bonus, this is the normal salary for my client, and I'm at $67k salary, no commission.

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  2 ปีที่แล้ว

      Great job making that hire! What is the fee the company is charging? Were you given the option of solely commission? Or smaller salary + commission?

  • @maskedHERO99
    @maskedHERO99 4 ปีที่แล้ว +1

    What is the recruiters job?

    • @brinniejean
      @brinniejean 3 ปีที่แล้ว

      It’s really hard to explain but recruiters are basically the scum of the earth. On the surface, it seem harmless. Some company is having difficulty finding workers and hires an outside agency to bring them candidates.
      From the Mexican farmers in Texas, to the tech Giants of Silicon Valley, recruiters ONLY come in two flavors: *SCAMMERS OR SPAMMERS*. I am guessing this lady is the latter because the scammers usually like to operate secretively in the shadows but just listen as she laughs hysterically about taking 20% of your paycheck. Why does she deserve it? Because she “knows her worth“. It almost sounds like she’s been brainwashed by one of those multi-level marketing companies, but I digress...
      The problem with recruiters is that many of them (especially the ones getting rich) engage in double dipping where they charge the candidates for helping him get a job when the company has already paid for it.
      *THIS PRACRICE IS ILLEGAL IN THE USA*
      However, the bloodsucking vampires known as recruiters have managed to find certain loopholes to sidestep these silly regulations- one of them is by selling you OUTRAGEOUSLY OVERPRICED TRAINING PROGRAMS that need to completed in order to get the job… keep in mind the recruiter has already been paid in full by the hiring company, now they’re gonna cash in on YOU.
      Ultimately, your starting pay will be lower than everyone else’s. And why, you might ask? The hiring company is not going to take a loss when they can simply offset the recruiters fees by giving you a lower starting pay.
      In top of getting paid less than everyone else in the office, you might also have to PAY THE RECRUITER for their hard work in making this wonderful deal for you! They will always fun another way to get more money out of you. You might be unemployed and broke, but that’s OK, they’ll just get it out of your future earnings, plus interest if they’re real corrupt (AKA, they know they’re worth)

  • @samairaasharma532
    @samairaasharma532 3 ปีที่แล้ว

    Hey, my hourly is $20 and making $500 per placement for a Person i placed for $100 hourly or any rate. Its flat $500. What should i do? I was assuming the commission structure to be different than this as in a percentage basis of what i placed

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  3 ปีที่แล้ว

      If there is room to negotiate with your employer or work on a % basis I would check with them!

    • @samairaasharma532
      @samairaasharma532 3 ปีที่แล้ว

      Hey i checked but they said No we won’t change a structure. They r getting huge money on the placements i did but not wanna share the same with Recruiter. Do u have a role please hire me!

    • @krunaljogani7433
      @krunaljogani7433 2 ปีที่แล้ว

      Are you working still now?

  • @cathyle417
    @cathyle417 3 ปีที่แล้ว

    I got offered a job as a recruiter but I want to keep my existing job therefore they offered $2000.00 for every client that I can get to use their company as a recruiter. What are your thoughts? P.S I subscribed, your videos are informative =)

    • @alexiswilson6077
      @alexiswilson6077 3 ปีที่แล้ว +1

      This will highly depend what kind of placements you’re doing. If you’re recruiting for client services roles, it could be fine. If you’re recruiting for specialized or niche industries such as tech roles, you could be making half of what you would be making. Just something to think about.

    • @alexiswilson6077
      @alexiswilson6077 3 ปีที่แล้ว

      Curious what you decided?

  • @benitajones3165
    @benitajones3165 3 ปีที่แล้ว

    What if you recruit on lower level contract roles 🥴😞

    • @alexiswilson6077
      @alexiswilson6077 3 ปีที่แล้ว +1

      A salary + commission would be more ideal. I think fill commission is better for niche industries like tech recruiters because the 1st year salary is 100k+ and you make 10-20% of that each placement

  • @shazzthedon
    @shazzthedon 2 ปีที่แล้ว +1

    If you don’t pay your employees a salary, then you don’t have employees honey

  • @justjunior1189
    @justjunior1189 3 ปีที่แล้ว

    You hiring??

  • @krunaljogani7433
    @krunaljogani7433 2 ปีที่แล้ว

    How can I work with you?

    • @TheMillionaireRecruiter
      @TheMillionaireRecruiter  2 ปีที่แล้ว

      We aren't actively hiring for our team right now. In the future, I am planning on prioritizing my Thriver grads to bring on. Here is the link to the course, thriversity.geniussis.com/Registration.aspx in case you are interested.

  • @oscarvalencia5640
    @oscarvalencia5640 3 ปีที่แล้ว

    Need help

  • @engm7amad87
    @engm7amad87 5 ปีที่แล้ว

    👍👍👍👍

  • @berretta510
    @berretta510 4 ปีที่แล้ว +2

    Nothing is the answer as they are the reason for why the job is paying the employee so little to begin with. Cut the middle man out and allow for a higher salary to be paid to the already low salary employee.

    • @gracehasken6327
      @gracehasken6327 3 ปีที่แล้ว +1

      Companies have a budget directly for playing recruiters. This is a completely separate budget than the one for their new employee’s salary. They could use their recruiting budget and hire their own employees in house or outsource it to an agency. But regardless the isn’t money coming out of the employee’s paycheck.