What is Fixed Fee Recruitment

 

At Pedal Recruitment we offer a Flat Fee Recruitment Service, whereby we take a much smaller fee upfront and then work our socks off, to find you some great candidates you will want to hire.

​

Having worked with several independent bicycle workshops and numerous companies from the Bicycle and E-Mobility industry, we realised we would rather charge a small fixed fee instead of a percentage of the annual salary of the successful candidate, this way business can make important savings when they need to fill a job. Agencies often run on culture for making as much money as possible. Flat fee facilitates a culture that puts the customer first.

 

Normally, Contingency Recruiters traditionally charge a fee for their services based on the placement of a candidate in a role. This fee will usually be calculated based on a percentage of the new starter’s first year’s salary. A typical percentage is between 10% and 20%.

For example, if a new hire for a Bicycle Mechanic role was taken on at an agreed £25,000 salary and the agency was charging the usual industry 15% fee on that, the overall cost of one new hire would cost you £3750. The same hire made via flat fee recruitment could cost you as little as £500. If you then multiply that by how many new hires you make a year flat fee service could save your business a vast amount of money.