Agency Margins
So what agency margins are fair and what are unfair?
Generally, if agencies are adding more than 20% to a contractor’s rate, you would considered that to be too much.
If they add less than 20% then the contractor is doing well.
Contractors Curious About Margins
Contractors are always very curious to know how much an agency gets for them from their clients.
They are often schocked to find out. There have been instances where agencies have been taking more than 50% of the money that contractors are earning.
Agencies like first time contractors. These fondly belive that their ‘agents’ will look after their best interests. That’s the model of agent in the acting and footballing world.
These agents are a different entity entirely.
Agents Want More of a Contractor’s Money
Indeed, they try to get as much of the money that the client will pay for a contractor as they can.
Anyway, there is a host of useful articles on agency margins below and what is fair and unfair.
And, also, how contractors can get them down and keep more of the money the client pays for them.
