In Namibia, recruitment agencies can be hired to help you find the perfect employee. Whether you need someone full-time or just temporarily, there’s no reason to conduct your own search for the right person when there are services out there that can save you time and effort – not to mention stress! The question is, how much does it cost to use these services? We’ve put together this guide to make sure you know what to expect from recruitment agencies in Namibia.
Recruitment Fees depend on several factors
Like any other business, the cost of a recruitment agency will depend on factors such as size, industry, location and market. The larger the agency, the more expensive it is to run, so you can expect that larger firms will be more expensive than smaller ones. Agencies based outside of major metropolitan areas are less expensive due to lower staff costs. Standard recruitment costs in Namibia range between 15% and 20% of a candidate’s first annual salary, but this can go as high as 30% for hard-to-fill positions.
Agency fees in Namibia are calculated based on monthly revenue
A typical fee for recruitment services is between 1% and 3% of the monthly revenue of the company. The higher end of this range is reserved for companies with many high-level positions to fill. The lower end is for companies that need help with more entry-level positions.