So I have a question. I have been doing some work for a company this year getting paid a day rate, weekly. This is all done through a recruitment agency ie the company pays the Agent and the agent pays me. I recently discovered the rate I am getting from the agent is actually less than half of what they are charging the company for my services. This doesn't quite sit well with me. Is this standard? What are the rules if any?

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Welcome to any consulting / outsourcing / IB firm. The rate we are paying their firm is no where near what they are actually being paid.

As an example there are some consultants working with us where the firm is paying ~60K a month, while their annual salary is probably less than 200K. And we got huge discount already as a big firm.

That doesn’t sound right. I used to hire contractors through agencies and some would be making only 5-20% MAX of the persons rate. Worked at a financial institution doing this

a quick google search suggested they take 40% MAX -which I guess is fair - but more than half??? Im gobsmacked!!!

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