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 As these costs are usually a fraction of what an outdated agency model charges (even under a PSA type arrangement), the result is a win for both contractors and any contract creating organisation.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.
To register with Contractor Club you will be asked for a referral email. The good news is that Contractor Weekly is happy to act as your nominator; please use firstname.lastname@example.org.
By Contractors: For Contractors: Through Contractors