hrough a prior relationship. Like I said earlier instead of starting their own company this is an alternative. They don't have the time or the schedule to show up at an office and work from 9-5 but are just looking to make some extra money working on their own time. It is a good situation for some and obviously wouldn't be for someone like you who has probably worked as a recruiter for years. We keep 50% because we pay all the expenses such as database, attorney lists, client gifts and meals ect. as well as have the job orders. 50% is actually standard in this industry for full time commission recruiters.
Also tax wise it is a lot more beneficial for them to be paid 1099 than W2.
"Dear Prospective Recruiter Candidate,
I am honored you would like to entertain a second job with my firm. Today, I would like to offer you a 1099 contract agreement. It goes like this: If you fill a job, I get to keep 50% of your billings and I pay you the other 50% of your commission in the form of a 'referral fee', upon which you'll receive a 1099 at the end of the year."
I've never received an offer like that, but I've come to learn that, in our space (much like Financial Services), anything is possible.
I love this job :)
P.S. If anyone ever made me that offer, I hope they expect to hear nothing but crickets chirping on the other end of the line :)…