High Fees Rip off for Accountancy Firms

It is estimated that in the UK accountancy firms spend over 5 million per yr on costly financial recruitment agencies when there are substantially more affordable options available to them.

Accountancy recruitment is a busy sector with lots of accountancy firms and in-house accounts departments looking for qualified and experienced staff.  Whilst there are good suppliers offering plenty of choice of accountancy personnel, the cost of using an accountancy recruitment agency is quite high. A lot of the big accounting recruitment consultancies charge fees of around 20% of the first 12 months wage and for an accountant on a 37,000 wage doing so suggests a one off fee of 7,400. 

This is a substantial sum to any business enterprise to have to pay but what financial recruitment market recruiters usually do not realise is that there are more affordable alternatives available on the market today.

For example, there are accountancy recruitment agencies charging just 10% for candidates and not 20%. 

10% symbolizes a honest fee which covers the company’s marketing and administration and overhead costs, and it is precisely the same company but simply at a less costly price tag and readily available only online.

So financial recruitment does not need to cost the earth and accountancy firms do not need to pay considerable sums of money to accounting recruitment consultants.

To find low cost accountancy recruitment consultants on the internet, simply go to Google and search for ‘low cost accountancy recruitment’ or ‘ten-percent accountancy recruitment’. Both of these will get you through to the low cost providers. Avoid giving money to large multinationals when there simply is no need to. Whilst the financial job market is very busy at the moment, it is time to start considering expansion but at the right price. Financial recruitment does not need to cost the earth.