If you're planning to hire through a placement agency in Mumbai, it's important to understand the charges and how they work. Whether you're running a startup, a growing business, or a large company, knowing what to expect can help you make smarter decisions—and avoid unnecessary costs.
This guide breaks down the typical charges placement agencies in Mumbai ask for, and what you, as an employer, should keep in mind before signing up with any recruitment partner.
What Does a Placement Agency in Mumbai Do?
A placement agency (also known as a recruitment consultant in Mumbai) helps employers connect with suitable candidates for their job roles. They handle everything from sourcing resumes to scheduling interviews — and in many cases, even screening and shortlisting candidates.
Whether you're hiring for IT, retail, logistics, healthcare, or finance, a recruitment agency in Mumbai can save you time, effort, and cost in the long run.
How Do Placement Agencies in Mumbai Charge Employers?
Recruitment fees are usually paid by the employer — not the candidate. Here's how most placement consultants in Mumbai charge:
1. Percentage-Based Fee (Most Common)
This is the most widely used model in Mumbai. The agency takes a percentage of the selected candidate’s annual CTC (Cost to Company).
- Standard Range: 8% to 20% of the candidate’s annual CTC
- Example: If the CTC is ₹6,00,000 and the fee is 10%, you pay ₹60,000 to the agency.
Factors influencing the percentage:
- Level of the role (junior/senior)
- Niche skill requirement
- Number of positions
- Timeframe for hiring
2. Flat Fee Model
Some placement agencies in Mumbai offer fixed charges per hire — especially for bulk or entry-level roles.
- Example: ₹10,000 to ₹25,000 per successful hire
3. Contract Staffing Model
In this setup, the agency hires the candidate on its own payroll and deploys them to your company.
- You pay a monthly invoice (salary + agency margin)
- The recruitment agency in Mumbai handles salary, compliance, and HR
⚠️ Questions Every Mumbai Employer Should Ask Before Hiring
Before finalizing any placement consultant in Mumbai, ask these:
- What’s the fee structure (percentage or fixed)?
- Is there a free replacement policy if the candidate leaves early?
- What’s the candidate guarantee period (usually 60–90 days)?
- How many resumes will you share, and in what timeline?
- Do you specialize in my industry or role type?
Are Charges the Same Across All Mumbai Agencies?
No, every recruitment agency in Mumbai has its own pricing based on:
- Type of roles (tech, sales, operations, etc.)
- Urgency or exclusivity
- Seniority of the position
- Number of hires
- Experience and market reputation of the agency
Some agencies also offer "No Hire, No Fee" models — you only pay if a candidate joins.
Should You Always Go for the Cheapest Agency?
While cost matters, going for the cheapest option may not always bring quality. A recruitment consultant in Mumbai offering a low price may send irrelevant profiles or take longer to close your role.
Focus on value over price — especially if you're hiring for business-critical positions.
Final Thoughts
Partnering with a good placement agency in Mumbai can save your HR team hours of work and ensure you find the right talent. But it’s important to understand how recruitment agencies charge and what services are included.
Be clear about expectations, ask the right questions, and always review the agency's track record. Remember, a good hiring decision starts with the right recruitment partner.
Quick Takeaways for Employers:
- Most agencies charge 8–20% of annual CTC
- Flat fee models exist, mainly for bulk hiring
- Always ask about replacement terms
- Cheapest isn’t always the best
- Focus on specialization and turnaround time
Explore Top Placement Agencies in Mumbai That Fit Your Hiring Needs
Choose the right recruitment partner from our verified list below.
Reqalrole Consulting Private Limited
Contact Person: Mr. Rohan Bharat Wadekar
Address: 1303, Nakshatra Greens, Naigaon East, Mumbai, Maharashtra
Website: https://www.reqalroleconsulting.in
Career Entry
Contact Person: Mrs. Mahima Sohanda
Address: M 2.1 Plot No. D-5 Road No. 20, Marol MIDC, Andheri East, Maharashtra
Website: https://www.careerentry.in
Prime Star HR
Contact Person: Jayati Sonejee
Address: Reg Office: Fort, Mumbai, Maharashtra
Website: https://www.primestarhr.com
Achieeve
Contact Person: HR Team
Address: Carnival Hub, Vasant Valley, A K Vaidya Marg, Off Western Express Highway Near Dindoshi Firebrigde Opp Near Oberoi Mall, Malad East, Mumbai, Maharashtra
Website: https://www.achieeve.in
S. K. Shipping Services
Contact Person: Mr. Krishan Kumar Jolly
Address: B-301, Dhanashree Heights, Off Veera Desai Road, Andheri West, Mumbai, Maharashtra
Website: https://www.skshippingservices.in
Bhumi HR Consultancy
Contact Person: Pradeep Shetty
Address: 207, Apollo Complex, R.K.Singh Marg, off Parsi Panchayat Road, near Sona Udyog Industrial Estate, Amba Wadi, Natwar Nagar, Andheri East, Mumbai, Maharashtra
Website: https://www.bhumihrconsultancy.in
Satguru Job Placement
Contact Person: C.s. Thakre
Address: Vijay Society, Near Bhoir Gymkhana, M.Phule Road,, Dombivli West, Mumbai, Maharashtra
Satvam Consulting Private Limited
Contact Person: Mr. Jignesh Thakkar
Address: 401-6B, Alica Nagar, Lokhandwala Township, Akurli Road, Kandivali East, Mumbai, Maharashtra
Website: https://www.satvam.com
T. A. Expo & Placement Services
Contact Person: Mr. Taufique Ahmed
Address: Shop 6/C, Green Lawns Building, Off L J Road, Opp. Al-Saudia Hotel, Near Paradise Cinema, Mahim, Mumbai, Maharashtra
Website: https://www.taexpo.in
Dishi HR Solutions
Contact Person: Mr. D. M. Joshi
Address: Andheri East, Mumbai, Maharashtra
Website: https://www.dishihrsolutions.in
Disclaimer: The information shared in this article is based on general hiring trends followed by placement agencies across India. Actual charges, services, and terms may vary depending on the agency, job role, and industry. Employers are advised to directly consult with the agency before finalizing any hiring arrangement.
Note: We do not endorse or promote any specific agency. This content is purely for informational purposes to help employers make informed decisions while choosing a recruitment partner.
ADD COMMENT