Rate Cards
What is a rate card?
A rate card is a document that outlines the standard fees and prices a recruitment agency offers for their services. Rate cards serve as a reference for clients, candidates, and internal stakeholders to understand the costs that come with recruitment activities and services offered by a recruitment agency.
A rate card offers clear expectations for a business on what they can expect from a recruitment agency and what they can expect to spend. It typically includes the service offerings, prices and the structure for each of those service offerings, placement cost, any guarantees or volume discounts, the terms of the payment, and the duration of the contract with a specific client or any other factors that can influence the price of services from the agency.
The transparency associated with rate cards helps recruitment agencies to present their value to clients, streamline negotiation with clients, and ensure that they have a consistent pricing across their recruitment activities with different companies.