- Wednesday, 04 September 2013 07:56
New service launches which cuts out the need for a recruitment agency.
The expansion of the internet through social networking sites has created many new tools available to find suitable contractors. Despite these changes however, many contractors and organisations still use a traditional recruitment agency model to try to meet their needs. This agency model seems both dated and costly, but is often seen as necessary due to the lack of a suitable alternative intermediary.
There are many obvious flaws presented by the agency approach and one of them is that on the eventual signing of a contract, a significant cost is subsequently charged by the agency for this “service”, even continuing at the same high rate when a contract extension occurs!
With agencies adding in some cases up to 25% to the cost of a contract, in these rate conscious times many organisations and contractors must start to question why there is not a better way. Is there not a smarter approach to obtain both relevant skill sets but to also keep costs in check? Now that better way has arrived and its name is Contractor Club. This is a new concept which offers organisations and contractors a flexible yet cost effective service for the next assignment.
Contractor Club combines social networking with a business relevant approach. This is achieved by individuals who have often had experience within the contract creating organisation acting as a referrer (the “Placer”) when a new contract is required. The immediate benefit of this is someone who knows the organisation is involved, rather than a distant agency approach.
Contractor Club provides a system for suitable contractors to help meet an organisation’s requirements, following successful recommendation by the Placer. Costs are a fraction of the legacy agency model, at just 10% of the contract for up to 90 days. No fees are payable for any additional contract extensions beyond 90 days with the same organisation, creating considerable benefits. The 10% fee is split, with 5% going to the Placer, 4% going to the Contractor Club themselves (to cover administration) and 1% to any Contractor Club member who recommends a new contract creating member. As these costs are usually a fraction of what an outdated agency model charges (even under a PSA type arrangement), the result is a win for both contractors and any contract creating organisation. Contractor Club – the contractor solution that works for you.
By Contractors: For Contractors: Through Contractors