How much does staffing service cost?

Using the services of a professional Headhunter company is a cost-effective recruitment solution for businesses. Although recruitment costs may be higher than the traditional way, when considering the costs of posting job ads, marketing, screening and interviewing, not to mention the additional cost of revenue and repeating the recruitment process in case of a failed recruitment, using a senior recruitment consulting service helps the company with staffing ROI. In addition, it also provides businesses with useful information on recruitment trends and supports negotiating compensation for employees according to industry standards.

1. Recruitment period

Depending on your specific needs, the time you need to apply for a job will be different. However, an experienced professional can rationalize the entire process and handle all the details in a much shorter period of time. And what businesses receive will be a list of applicants who have been screened and evaluated carefully.

Thanks to a wide network of recruitment channels, a high-quality source of applicants and experience in evaluating and screening applicants, Headhunters always provide businesses with suitable candidates in the shortest time, usually between 5 and 10 days. This helps businesses quickly find suitable people to serve their business development plans.

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2. Protection against low-cost staffing providers

The company's insurance policy covers 2 months of the company's employment. There is also a single warranty period of 7 days - with the basic package and 30 days with the advanced package, if the company wants to extend the warranty period, it must pay a fee.

3. Faro Vietnam work process

Faro Vietnam's standard working process with partners includes the following steps:

Step 1: Contact the customer

Headhunters will contact to find out the customer's recruitment needs. Customers need to provide Headhunters with information about the position they want to recruit, the number, detailed job descriptions and the company's salary and benefits. In addition, they will work to learn more about: corporate culture, organizational chart, job responsibilities, etc.

Step 2: Quote / receive Order

Send a detailed Headhunting service introduction to the customer, quote the hadhunter service, company profile and contract to the customer via Email. All information will be exchanged officially and in detail via email to ensure a transparent and standard process.

Step 3: Sign the contract

After discussing and agreeing on the requirements and service conditions, proceed to sign the contract with the customer. The matters will be carried out according to the contract between the two parties.

Step 4: Send CVs of potential candidates

The headhunter team begins to search for candidates, screen candidates, and select suitable candidates to send to the Employer the profiles of the most potential candidates, usually sending 3-5 profiles for customers to choose from.
Faro Vietnam' profile sending time is very fast, especially for high-end orders that urgently need candidates, the profile is sent to the employer within 48 hours.

Step 5: Interview

The headhunters will contact the candidates to schedule an interview at the customer's company office.
 

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Step 6: Customer Chooses the most suitable candidate

After the interview, the customer sends the interview results to Faro Vietnam. The Headhunter's responsibility is to negotiate salary and benefits with the candidate with the client. Then send an email to notify the successful candidate of the official results. For unsuccessful candidates, it is also necessary to send an email to notify the results, stating clearly why they are not suitable.

Step 7: Payment

After a period of time from the date the candidate starts working, the business will proceed to pay the cost to Faro Vietnam. This period of time will be specifically specified in the contract. The headhunter service fee will only be paid after the candidate receives an Offer to work at the Business

Step 8: Warranty

Faro Vietnam will guarantee the service for the business usually within 2 months. If during the warranty period, the candidate quits the job, Faro Vietnam commits to implementing the warranty policy for the business.

4. How much does staffing service cost?

In order for businesses to access high-quality recruitment services at reasonable costs while still ensuring recruitment efficiency, Faro Vietnam is proud to bring the opportunity to experience quality Headhunt services at the most competitive costs in the market.

The staffing solution cost depends on many factors such as: the specificity of the position to be recruited, the scarcity of candidates in the recruitment market, rank, recruitment time, etc.

Each Headhunting unit will have different fees. Normally, the cost of headhunting services will fluctuate between 18 - 25% / total annual salary of the candidate, or calculated by 2 months of the candidate's gross salary. In addition, the service cost is also determined based on the rank and salary of the position to be recruited; for example: employee level - 9,000,000 VND, supervisor / team leader level - 19,000,000 VND, department head / deputy department head / assistant level - 29,000,000 VND and director / general director level - 49,000,000 VND.

There are many different recruitment service packages designed specifically for the recruitment needs of businesses in different industries and fields. The special feature of headhunting service is that businesses ONLY have to pay a service fee when the recruitment is successful.

Usually, the general cost of Headhunt services at Faro Vietnam will fluctuate from 1-2 months of gross salary. However, affordable staffing solution also depend on the characteristics of each job position and the scarcity of candidates in the recruitment market, as well as the level and time required for staffing pricing models, etc. Then the service cost will have different fluctuations.

Faro Vietnam clearly understands the importance of the quality of the team to the development of the enterprise, as well as the losses that the enterprise faces if it does not recruit the right person.

Therefore, Faro Vietnam with 15 years of recruitment experience, together with a team of professionals rich in experience and solid expertise, plus an extensive and high-quality source of applicants, will provide businesses with the best quality Headhunting services, in the fastest time. In fact, there are so many customers, right when you sign up, Faro Vietnam already has the right solution to meet your customers' needs. Contact us today!

Faro Vietnam

• Email: service@farovietnam.com.vn

HANOI HEAD OFFICE

• Tel: + 84 24 3974 3091

HO CHI MINH CITY OFFICE

• Tel: + 84 28 3821 4654

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