Career Management/Recruiters/Headhunters - potential scam?
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This is what I expected but since I am not at that level wanted to check. I'm about 1/3 of the numbers he was throwing around, which I guess is why he was doing that, to try to entice you with the larger numbers. Cheers for confirming what I thought though, its always good to check and have access to a forum like this. Cheers.
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@IRJ said in Career Management/Recruiters/Headhunters - potential scam?:
@scottalanmiller said in Career Management/Recruiters/Headhunters - potential scam?:
@Jimmy9008 said in Career Management/Recruiters/Headhunters - potential scam?:
This company however says they do not charge the company but charge the candidate due to the service they provide and managing/promoting the candidate. The cost seems pretty expensive too at just below £1000, which is $1,400 USD.
That's an itty, bitty fraction of the cost that the companies pay. So this means that the math alone doesn't make sense. How could these guys make money. Sure, good headhunters do really, really well. But that's because they place something like 90% of the executive level staff out there. These guys are claiming to only be going after some tiny sliver of a percentage of the market, while doing so at a tiny percentage of the pay? Doesn't add up. If they were legit, they'd hardly make a penny.
Yeah placement fees can be $50k or more easily
Yeah, for sure. Good headhunters can place no more than one person a quarter and be doing pretty well. It's not like normal recruiting where they make at most a few thousand dollars and have to do big volumes. This is very diligent service with huge amounts of time going into every placement.
