
When it comes to recruitment agencies like Eurolondon.com, the pricing model is typically structured differently for job seekers versus clients (employers). For job seekers, reputable recruitment agencies almost universally provide their services free of charge.
Read more about eurolondon.com:
Eurolondon.com Review & First Look
Eurolondon.com Operational Analysis
Is Eurolondon.com Legit?
Eurolondon.com Pros & Cons
Eurolondon.com Alternatives
Does Eurolondon.com Work?
Their revenue is generated from the companies that hire talent through their services.
Pricing for Job Seekers (Candidates)
- Free Service: For individuals seeking a job, Eurolondon.com’s services are almost certainly free. This is the industry standard for legitimate recruitment agencies.
- Why it’s free: Agencies earn their money by charging the hiring company a fee for successfully placing a candidate. This fee is a percentage of the placed candidate’s first-year salary or a flat fee.
- What job seekers get for free: Access to job listings, resume submission, potential matching with suitable roles, interview preparation advice, and facilitation of the hiring process.
- Important Note for Job Seekers: If any “recruitment agency” asks a job seeker for upfront payment for job placement, it’s a major red flag and likely a scam. Eurolondon.com shows no indication of this practice.
Pricing for Clients (Employers)
For businesses looking to hire, recruitment agencies operate on a fee-for-service model.
While Eurolondon.com’s website doesn’t explicitly list their fee structure (which is common, as fees often depend on the specifics of the role and service), it’s highly probable they utilize one or a combination of the following standard industry models:
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- Contingent Recruitment:
- How it works: The agency (Eurolondon) gets paid only if they successfully place a candidate. If the client hires a candidate through another source, no fee is charged.
- Common for: Mid-to-senior level roles, high-volume hiring, or when clients want to leverage multiple agencies.
- Fee structure: Typically a percentage of the candidate’s first-year salary, often ranging from 15% to 25% for general roles, and potentially higher for highly specialized or executive positions.
- Retained Recruitment:
- How it works: The client pays an upfront retainer fee (a portion of the total fee) to the agency to engage their services, regardless of whether a placement is made. The agency commits to a dedicated search.
- Common for: Senior-level, executive, highly specialized, or urgent roles where a dedicated and focused search is required.
- Fee structure: A percentage of the candidate’s first-year salary, often ranging from 20% to 35%, with payments typically broken into three installments (e.g., one-third upfront, one-third upon shortlist presentation, one-third upon placement).
- Temporary / Contract Staffing:
- How it works: For temporary or contract roles, the agency charges a markup on the hourly rate paid to the temporary worker. This markup covers their administrative costs, payroll services, and profit.
- Fee structure: The client pays an all-inclusive hourly rate (e.g., £25/hour) to Eurolondon, and Eurolondon pays the temporary worker a lower hourly rate (e.g., £15/hour), keeping the difference as their fee. This markup can vary significantly, often in the range of 20% to 50% above the worker’s pay.
- Service-Based Fees:
- How it works: Some agencies might offer specific services like candidate sourcing, background checks, or payroll administration for a flat fee or per-service charge, separate from full placement fees. Eurolondon’s “Discover our recruitment solutions” and “Talk to an Expert” suggests they can tailor solutions.
Transparency in Pricing
While specific fee percentages are not published on the website, this is standard industry practice. Recruitment fees are often negotiated based on:
- Role Seniority and Scarcity: Harder-to-fill roles command higher fees.
- Volume of Hiring: Clients hiring multiple candidates might negotiate lower per-placement fees.
- Relationship and History: Long-term clients might have different agreements.
Clients interested in Eurolondon.com’s services would need to “Get in touch today” or “Talk to an Expert” to receive a tailored proposal and detailed pricing structure.
This is a common and professional approach to handle variable service costs in the recruitment industry. Does Eurolondon.com Work?
In summary, job seekers can expect to use Eurolondon.com’s services for free.
Employers should anticipate a standard fee structure based on successful placements or a retained model, with fees typically being a percentage of the candidate’s salary or a markup for temporary staff.
The exact pricing would be determined through direct consultation with their team.
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