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i’d like to know too
Recruiting firms get paid 20-35% of a persons first year salary for typical positions. (C-level roles are a whole different ballgame). So if you own your own recruiting firm and you find a candidate that gets hired at a 100k salary, the hiring company pays you ~20-35k. Recruiters and account managers at larger recruiting firms probably pocket half that commission at the most.
This is all anecdotal based on n=1. Curious if others have heard different.
I use to work for one and this is correct!
What’s tough is you generally don’t get paid until the person has been in that role a set number of time (normally ~ 3 months) AND people are the most unreliable “product” you could ever try and sell.
They don’t show up to interviews, they say stupid things, the quit after 2 weeks, etc and ALL that work you do to recruit them can be for nothing.
It can be a lucrative gig but it’s also exhausting most days because it’s a competitive market, lots of candidates won’t want to work with a third party recruiter, and even if you manage to get someone hired and they stick, you just start the process all over again.