Recruiting leaders no longer have to blindly assign budgets and benchmarks to their recruiting agency efforts – we’re announcing The 2015 Interim Direct Hire Agency Benchmarking Report™, giving executives insight into how agency fees are changing in 2015 and trends to take note of for 2016.
For those recruiting executives looking to get a handle on agency fees, you’re not alone. Enterprise organizations can spend millions each year as they pay direct hire recruiting agencies to fill critical positions in their organization.
We still expect fees as a dollar amount to rise incrementally, even though fees as a percentage are starting to flatten. More agencies are saturating the market, and recruiting leaders are wising up in their use of premium fees. We’re projecting the average agency fee to flatten at 21.3 percent in 2015.
Great news, right? Yes, but don’t forget that salaries are still rising, especially for the big ticket positions that you’re most likely to pay an agency to fill. This has a direct effect on your agency payout.
When you download our report, you’ll learn more about this increase, as well as take a deeper dive into our projections for the remainder of 2015:
- An increase in the supply of agencies is leading to market equilibrium.
- Employers are paying a premium for top talent and are wising up.
- Candidate salaries continue to rise along with agency fees.
Ready to learn how the agency recruiting market fared in H1 of 2015? Want to know the implication H1 will have on the remainder of 2015? Download the report.