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18-04-2012, 02:48 PM
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Quote:
Originally Posted by Unregistered
Thank you. This is very helpful.
So if lets say I am offered a position in Randstad doing recruitment for lower levels, I am better off taking up the offer doing recruitment for Charterhouse? At least they are targeting managerial level.
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About the same. Both are general agencies, so candidate & industry networks mostly overlap each other .
From a commission point, not much difference because if you target exec / entry manager positions (5 – 8k salary) you can realistically close ~30 positions yearly and if you target mid level managers (10 – 15k salary) it’s ~12 yearly. Commission plan also very similar across industry, a preset floor bill followed by 15%-25% anything above.
If you are new to recruiting, I suggest you go for the junior markets first. Some mid level candidates can be particular & demanding on your knowledge ofthe industry, company & job, you will get flak if you can’t front them on a professional level.
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18-04-2012, 02:56 PM
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Quote:
Originally Posted by Unregistered
About the same. Both are general agencies, so candidate & industry networks mostly overlap each other .
From a commission point, not much difference because if you target exec / entry manager positions (5 – 8k salary) you can realistically close ~30 positions yearly and if you target mid level managers (10 – 15k salary) it’s ~12 yearly. Commission plan also very similar across industry, a preset floor bill followed by 15%-25% anything above.
If you are new to recruiting, I suggest you go for the junior markets first. Some mid level candidates can be particular & demanding on your knowledge ofthe industry, company & job, you will get flak if you can’t front them on a professional level.
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Thank you for the very useful advice.
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18-04-2012, 04:25 PM
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if the salary offered was basic X 3 x 2.5 + commission, is that the market rate as well?
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18-04-2012, 04:45 PM
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Quote:
Originally Posted by Unregistered
if the salary offered was basic X 3 x 2.5 + commission, is that the market rate as well?
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Don’t understand. X 3 means quarterly? X 2.5 refers to the floor? What’s the sharing rate?
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18-04-2012, 05:03 PM
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Quote:
Originally Posted by Unregistered
Don’t understand. X 3 means quarterly? X 2.5 refers to the floor? What’s the sharing rate?
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Sorry!
I mean my sales target is basic x 3 x 2.5. Any excess is about 15-25% commission.
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18-04-2012, 05:36 PM
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Quote:
Originally Posted by Unregistered
Sorry!
I mean my sales target is basic x 3 x 2.5. Any excess is about 15-25% commission.
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Is it a monthly, bimonthly or quarterly target?
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18-04-2012, 05:42 PM
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Quote:
Originally Posted by Unregistered
Is it a monthly, bimonthly or quarterly target?
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I have no idea. Have to discuss more in the next interview..
Will it be reasonable if it's monthly?
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18-04-2012, 06:03 PM
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Quote:
Originally Posted by Unregistered
I have no idea. Have to discuss more in the next interview..
Will it be reasonable if it's monthly?
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If monthly means they've set the floor at 3x2.5 = 7.5x salary, that is very high. If really so high better make sure they have a few exclusive contracts at desk for you to take over or a heavy pipeline from your predecessor to inherit.
Otherwise you newbie confirm cannot hit in the first year. If it's bi-monthly then still ok.
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19-04-2012, 10:23 AM
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Quote:
Originally Posted by Unregistered
If monthly means they've set the floor at 3x2.5 = 7.5x salary, that is very high. If really so high better make sure they have a few exclusive contracts at desk for you to take over or a heavy pipeline from your predecessor to inherit.
Otherwise you newbie confirm cannot hit in the first year. If it's bi-monthly then still ok.
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The threshold is by quarter...and the commission range from 14-22%
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19-04-2012, 11:09 AM
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Quote:
Originally Posted by Unregistered
The threshold is by quarter...and the commission range from 14-22%
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I suspected as much. 2.5x floor quite low, good for beginners to try.
2.5x is a good gauge whether you suitable for recruitment. If you cannot clear threshold after 9 months, then it means you are either not suitbale or doing something wrong.
Are you targeting an industry or function?
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