Want to grow your fee income?

Specialist recruitment agencies that are invited to join can choose from three annual membership packages. The minimum investment is £3,600 per annum, which is easily covered by just one placement fee. Sadly we cannot offer a free trial period or discounted rates, as this is unfair on members who have invested and are fully-committed to helping us create the best recruiter marketplace in Europe.

It depends how they use it. Some of our members use Hiring Hub’s recruitment agency marketplace as one of their core income channels, logging in daily and working c.2-3 roles a month. These will routinely make one or two placements per month, and can bill more than £100,000 per year on the platform. Others are in niche sectors where there’s fewer opportunities, but when they do arise they have less competition, while some see it simply as a neat way to top up their direct client work, and will dip in and out of it when it suits them. These members may make a placement every other month. The typical placement fee on the marketplace is 15%, so even casual members that only make three or four placements a year get a good return on their annual investment while developing their profile and collecting reviews from employers and candidates to build a strong reputation within the marketplace.

We could lie and say “no” but, yes, you are at a slight disadvantage in your first month (or so) over recruitment agencies with proven metrics, historic placement history, and employer/candidate reviews. However, our customer success team works closely with new members to get them successful on the marketplace and proactively sponsor them, encouraging employers to work with them. We’re invested in making you successful because we want you to remain a Hiring Hub member for years, so our goals’ are totally aligned and we’ll commit lots of energy to get you up and running and billing within the first few months.

We encourage employers to put their jobs on Hiring Hub’s marketplace exclusively, and while they can decide to select sole or multiple agencies, if it’s the latter we recommend they engage no more than three recruitment agencies on a brief. Our data shows that, in most circumstances, engaging more than four agencies has little impact on conversion rate and beyond five it’s actually counterproductive, harming conversion rates.

Our goal is to use technology to facilitate better relationships between employers and recruitment agencies, so we definitely don’t prevent you from communicating directly with employers. We do, however, let the employers determine how and when they wish to communicate with agencies and have built tools – like direct messaging – within the app to support fast and direct communication between both parties, while our customer success team is in place to support and manage day-to-day enquiries.

The highest billing member made £157k of placements on the marketplace in 2018, on top of their direct work, which to this day is still a record (can you break it?!). They’re a specialist recruitment agency with five consultants and during that year this represented c.20% of their total annual fee income. During the Covid-19 pandemic in 2020, our top three members all billed over £50k (between March and December), so while activity on the marketplace was lower than normal, our members still made a good return on their membership fees. Indeed, one member made a £18k on the platform in 2020, which made a huge difference to them during a difficult period.