We offer a variety of search options. Should one of these not be suitable for your particular needs, please contact us so we can work with you to achieve a solution that’s right for your organization.
Search Fee Options:
Retained executive search is recommended for your most important, most committed, confidential or difficult recruiting efforts. The retained recruiting relationship brings your institution and our firm into an exclusive partnership in a critical executive recruiting assignment. Retained search, sometimes referred to as “retainer search” is an exclusive working relationship involving a contract and payment of fees at regular intervals during the course of the search project. Retained search is a contract for services and the highest level of mutual commitment to a successful search result.
Requires 1/3 start-up fee (based on candidate’s first-year compensation) to initiate the recruitment process. Upon presentation of a ‘short list’ of qualified candidates, the client agrees to pay an additional 1/3 fee. When a placement is made, the client pays the final 1/3 fee on the candidate’s start date. The service charge is 25% – 27% of the first year’s compensation.
Exclusive contingency recruiting search is a logical and attractive combination of both contingency and retained fee structures. This working relationship is strongly recommended when you prefer a contractually committed and fully engaged search relationship, but you do not want to commit to a fully retained search fee structure.
The client pays an engagement fee of $5,000 prior to the start of a search. The balance of the fee becomes due after the candidate begins employment. The service charge is 28% – 30% of the candidate’s first year’s compensation.
No fees are due until you hire our candidate. If you prefer a risk-free search relationship and your search does not involve confidentiality, sensitivity, a high degree of complexity or the exclusive focus of a search firm, the contingency fee structure may be your preference. While there are obvious advantages and disadvantages to the contingency fee approach, it is the best option for you if you do not require or expect a single search firm to land the result on your behalf. Especially suited for filling mid-level positions or roles having a base salary of less than $80,000, contingency search provides you with a flexible, low risk/low commitment approach to utilizing us as your recruiting partner. As your contingent search partner, we are certainly committed to providing you with exceptional service and to successfully completing the recruiting assignment.
Client agrees to pay the total invoice upon placement. The service charge is 30% – 35% of the candidate’s first year’s compensation.
We do pass on “at cost” the following expenses: Candidate’s travel to interview at the client, client requested job advertising, background check, degree verification, drug tests, etc.
We do not charge “administrative fees” to cover phone charges, printing, typing, copying, faxing, etc. We view these as normal and customary parts of the service we provide.