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This
is FALSE and a MYTH.
What matters is NOT the rate, but
whether your were FAIRLY COMPENSATED for you're
the time and effort of your search! Sticking too
rigidly to a full 30% fee might get you the initial
transaction, but may cost you tens of thousands
in repeat business later that same year. This article
will explain how a 10% fee will net the equivalent
of a 32% fee without working any harder! Once
again, I hold a contrarian view than that which
is promulgated by those that call themselves recruiting
gurus. The gurus don't pay my payroll, expenses
and mortgage bills … I do. I take the approach that
results in the best "win-win" scenario for our recruiting
firm and the client's individual needs.
Consider
this: A recent article widely distributed across
the Internet by a Recruiter training guru went on
for three or four pages discussing how "he'd rather
wait a year or two" for his full fee than settle
"for half a loaf" now.
Apparently
this recruiter did not pass Economics 101 in college
or basic Finance 101 which stipulates "Present value
of any fixed dollar amount is worth more NOW than
at any date in the future" … due to the eroding
power of inflation on that same dollar amount. Not
to mention the potential value of interest/dividends
that could have been earned on that dollar amount
if immediately invested elsewhere.
While
waiting two years for your full fee may massage
your ego … it does nothing for your bank account.
The laws of money dictate currency in hand is always
worth more than the same amount of currency one
or two years from now.
Read
the full article at the following link:
http://www.recruitersworld.com/articles/risalvato/myth3.asp
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