Placing a candidate often takes a lot of time and hard work, so it’s vital that recruitment agencies price their services fairly and competitively.
You want to set a price that’s attractive enough to draw in clientele. So, before you begin to set your prices, it’s important to research the market and see how much your competitors are charging.
However, you should make sure that you’re calculating your profit margins correctly. Knowing the difference between your markup and your margin will ensure you make a profit with each sale and help you keep track of finances.