HR Network Club is a full cycle recruitment for IT Companies:
- Personal HR Manager with team of recruiters
- market study of salaries
- work progress reports
- presentations of company, team, project and vacancy
- primary screening of candidates
- scheduling of interview, follow ups, reminders
- working 24/7
Current Status
Actively working.
On hands 20 active contract. And more contract under signature.
Annual sales, $
140000
Annual net income, $
100000
Organizational form
Private Entreprenuership (FOP )
Problem or Opportunity
IT Companies outsourcing recruitment services for several reasons:
- to fulfill vacancy ASAP
- they don't have in house recruiters
- they don't have experience in the market
- they find outsource recruiters cost effective
Solution (product or service)
- we provide a dedicated team of tech recruiters with personal HR Manager
- available 24/7
- payment only upon success
Competitors
Indigo
RelocateME
Advantages or differentiators
- we have our own corporate training for IT Recruiters. all training materials are documented
- our team is mobile and available 24/7
- we design presentations for our clients
- we have transparency on work progress: providing weekly reports
- we follow up closely with candidates about test, interviews, feedbacks
- we send reminders to clients and candidates
- we assist in negotiations
- we provide free salary studies
- we can always create a new team, if volume of vacancies increased: we promote the best recruiter to HR Manager, he/she gets trained (training materials are documented), creates a new team of recruiters.
Finance
no expenses, unless AWS hosting for website and tax on income.
All our team is working for success fee only
Business model
Our clients pay:
15% from yearly rate gross for successfully hired candidate
80% payable on the first working day
20% after probation period
Our team gets:
50% from 1 month salary payable to HR Manager
26% from 1 month salary payable to recruiter, who found candidate
6% from 1 month salary payable to recruiter who worked in pair
Reason for sale
we want to develop new projects (not related to tech recruitment ) and reinvest money from sale.
Market
we provide search and selection of personnel for IT Companies from USA, Europe, UK, Asia, Middle East
the business will not work if you don't do marketing in social media and you stop doing sales.
the business will not work if you don't maintain relationship with existing customers.