Thursday, 09 February 2012

Splitting fees must be a consideration

27-May-2009

In answer to your web poll (recruiter.co.uk, 8-22 May), ‘Is your company involved in any fee-splitting partnerships?’ — yes, absolutely! Some revenue is always better than no revenue and in the current climate, whatever service-biased business you’re in, splitting fees must be a consideration.

Since January, we’ve developed relationships with a number of rec-to-rec partners and, to date, 16 placements have been made. That’s 16 clients and candidates who may never have met otherwise and 16 fees that probably would never have been generated.

Vic Chuntz, chief executive, Aston Taylor

 

Readers' comments (1)

  • Jonny Hiles | Thu, 28 May 2009 5:03 pm

    Fee splitting is a growth market in the UK.
    We have recently launched a new venture that provides plc delivery capability to independent recruiters, dedicated to fee splitting.
    The Hub is part of a successful £120m recruitment plc. We provide plc delivery capability to independents on vacancies which they are struggling with.
    While market conditions are tight, our partners are looking to expand the service that they provide to their clients and are working vacancies that they may not have otherwise worked and therefore look to partner with another business. Essentially, splitting fees opens up additional revenue streams.

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