Is Recruitment Lucrative?
Just has lunch with a good friend who is in recruitment. We chatted about the industry and the subject of salary and remuneration structures came up. Pretty normal stuff - base salaries, commissions performance bonuses.
The bit that had my eyes watering was the story of three recruiters who recently left my friend’s business to start their own recruitment agency. Their salaries were all upwards of $1.5m per year. Presumably they thought they could do better be going out on their own !!
I’m sure most people in the recruitment industry would have some claim to their adding value to their clients’ businesses, but the salaries here put these recruiters in the slave trade industry in my view.
So what’s the verdict? Do recruitment agencies add enough value to have employees paid millions? You can guess what I think!
