Here is an example of how an actual Corporate Recruiter on the HireAbility network recently saved $36,000 from his recruiting budget with his HireAbility membership and filled several urgent positions quickly. For now, let's refer to his employer as 'Acme Software'.Background: Acme needed to hire 8 hard-to-locate software engineers for their team. They had a few staffing firms engaged under their usual 20% contingency agreement terms. The average salary for these positions is $100,000. Therefore the average contingency fee they paid was $20,000. In the prior 6 months, they had located and hired 2 engineers, leaving 6 more vacancies with a high level of urgency.How it worked: When posting job openings to the Placement Exchange, Acme can name any placement fee, guarantee terms and payment terms they wish to offer. They want to name fees high enough to attract experienced recruiters, but low enough to save money. The Corporate Recruiter on site chose to post the job openings with a flat $10,000 contingency fee. The internal recruiter at Acme read through member profiles on Talent Trader, participated in chat room discussions and worked with a HireAbility Representative to locate 3 members who agreed to work on the job openings at this rate.Results: Acme filled 4 of their 6 remaining job openings with members of the HireAbility network, saving $36,000 within 60 days of joining HireAbility.Costs: HireAbility charges a 10% brokerage charge for each hire made under the Corporate Recruiter membership. Acme offered a $10,000 fee for each position and was invoiced this amount by HireAbility, plus the 10% brokerage charge. The total invoice was $11,000 per hire. For Acme, this was a savings of $9,000 per hire.We invite you to choose an option below, or simply sign up to begin receiving the benefits that only HireAbility can provide! |