AGENCY PLACEMENT COSTS
In charging the placement costs to clients, we use a straightforward calculation, based on an agency percentage of 10% of Gross Annual Salary (GAS).
Please see the calculation example below, to get a clear picture of how this works.
This calculation is based on a Gross Monthly Salary (GMS) of R10,000
The formula is
GMS x 12 (to get GAS) x 10% (agents commission) = Fee Payable
Therefore, putting actual figures into this equation
R10,000 x 12 (per annum) x 10% commission = R 12,000 placement fee
Please Note
- The only costs payable is in the event that we successfully place a candidate – and that fee is only payable on his/her commencement.
- No fee is payable by the candidate
- The 10% agency commission is standard – e.g it is not variable, and does not rise or decrease according to higher or lower salary scales.
- We are VAT Exempted, and therefore we do not add VAT to invoices.
