“What’s the catch?”
The catch is membership of Ten-Percent, costing £60 per month and fixed for five years.
Over the 11 years we have been in the recruitment business we have constantly been asked:
“Why do you charge so much?” or “Why should we give you £3,600 plus VAT for just sending us a CV and arranging an interview?”
Some facts:
- A job interview only occurs once each time 20 CVs are sent out.
- For every 7 interviews arranged, only 1 results in a job offer.
- 33% of candidates reject job offers
- 5% of candidates leave within a week or fail to start.
So whilst the work done in sending one CV to an employer is fairly quick, each paying client is funding the work undertaken on at least 100 other candidates and 6 law firms.
This is the thinking behind our service. Instead of paying a large, one-off hit for recruiting a single candidate, employers recruit every candidate completely free of charge. There is no cost at all.
“I am a sole practitioner. Why should I pay £60 a month when I might only recruit one candidate in five years and you cannot guarantee success?”
No recruitment process can possibly guarantee to find candidates every time you recruit. However, because our service encompasses job boards, a CV database, our own website and discounted Law Society Gazette advertising if needed, we have created a full recruitment service for a fraction of the usual cost. You may only use the service once in 2011, but come back in three years to get a locum for 2 weeks, a legal secretary and another solicitor and you save a substantial amount of money.
“What do you charge for candidates on top of the membership fees and do we get exclusive access to candidates who apply for our jobs?”
There are no charges. The only cost is the membership fee.
The system works as follows:
• You register a vacancy with us.
• We send the vacancy to all relevant candidates on our database. They respond.
• We forward suitable CVs to you.
• At the same time we post your vacancy across a number of job sites and websites.
• All the applications that loosely fit the job specification are forwarded through to you.
• We handle the job vacancy enquiries, we arrange interviews and assist with negotiations and job offers.
• You can also search our Candidate Database and request specific CVs.
In essence you get Recruitment Consultancy + Job Board Services for considerably less than the cost of each service.
Don’t believe us? Contact recruitment agencies and see how much they charge. Give legal job boards a ring and ask how much you would pay to access their CV database and post your vacancy.
“How much do you charge for locums?”
Nothing. Not a penny. It is included in the price. Of course you still have to pay the locum (we will negotiate the rate for you), but there is no recruitment fee charged on top of this.
“We took a candidate last year on a contingency fee from another agency and it cost us about £6,500 plus VAT. We are not even sure we will keep them on the books for very long.”
This is precisely the problem we have developed this service to avoid. If a candidate leaves, you simply recruit another one at no extra cost.
“We don’t want to commit for five years. It seems a very long time.”
In order to offer recruitment at this low price, we need commitment from our clients.
If you are interested, have a look at the full terms and conditions on our website. The address is www.ten-percent.co.uk/membershipterms. To go ahead simply click the button, fill out a form, and we will send you over a welcome pack including the code to instantly access our Candidate Database.