Category: Employers

Employers

What is the cost of Change Exchange and what are the payment terms?

Change Exchange is free for employers. Recruitment agencies associated with Change Exchange are charged on a monthly basis or pay 20% commission on each placement fee. This is how we provide a free platform for employers. The employer is however required to pay the recruitment agency that fills in the job position. However, if an […]

We “qualify” for every vacancy. What does this mean?

When you advertise a job vacancy on the Change Exchange platform, a Relationship Manager is dedicated to you and will call you to retrieve details about your requirements for potential candidate(s). The purpose of the process is to understand your requirements in detail to develop a clear picture for your recruitment agencies to find best […]

What should be the placement fee that I set for a vacancy?

If you are trying Change-Exchange for the first time, you are recommended to set the fee broadly equal to what you would pay to the agencies outside of the Change Exchange platform. For instance, if you would pay 12 to 15% fee to any other agency or outside resource, you can set the same with […]

Can I set a minimum fee?

Yes, the minimum fee is £1500. We maintain this minimum fees to keep an active and engaging process from out recruitment agency community. If we do not maintain this minimum fees, recruitment agencies will not find any interest in conducting business with Change Exchange and searching for potential candidate for employer. If you still have […]

Can I know more about the Terms of Business and rebate policy

The terms of business covers all parties including you, the recruitment agency and Change Exchange. We maintain a universal and transparent terms of business. We have a 60 day no quibble rebate policy for employers. Under this policy, if a candidate does not work for you, you get a 100% refund of your fee during […]

How do we evaluate recruitment agencies regarding their quality?

Whenever a recruiter wishes to join us, we speak to them about their process and polices to gain insight about their work. We assess the recruiting company’s information and if we do not find any ambiguity, errors or negative aspects we usually let them work with us. The next step involves approval process for an […]