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Originally Posted by Unregistered
Hi, I'm a fresh graduate with 2nd class uppers BSc business management.
Will like to know more information on the recruitment agencies industry n head hunting industry.
Like for instance the market rate. How their commission is normally calculated and is it common to have a basic pay over there?
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Hi I was from the recruiting industry.
Commission is usually calculated on a 20-30% basis per placement fee. However, each company has their own unique way of determining when you get your commission. Some the month you bill, some 3 months later, some you will never get to see it. Some if you never hit your target of the month, no commission. Some if you don't bill more than a few times of your basic salary, no commission. This all varies with each recruiting house. You usually have a basic pay.