Recruiting business development
Seeking Guidance on Compensation for Business Development Connection
Hi everyone,
I’ve been working as a recruiter primarily on a commission basis, and recently I’ve established a partnership for my agency with a new employer overseas. This opportunity is projected to generate over £100K in revenue within the next 12 months.
The employer acknowledged my role in facilitating this connection and asked if I have a compensation figure in mind. I’m unsure what a typical percentage might be for this situation.
Could anyone advise what might be considered reasonable? For example, would 2%, 5%, or even 10% of the anticipated contract value be appropriate?
Although I didn’t play a significant role in discussions, my initial introduction was crucial for moving this forward.
Thanks for your help!