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We normally charge either a percentage of
the starting annual salary (including guaranteed bonus, if any)
or a fixed fee agreed upon with the client, of any executive
hired upon our recommendation, invoiced as follows: |
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An initial retainer of 1/3 of our total estimated
fee, upon starting the search. |
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A second invoice for the same amount upon
formal presentation of several qualified candidates. |
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The final invoice is the "success portion"
of our fee, and is sent only upon the client hiring one of the
candidates presented. |
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We also invoice for expenses directly incurred
for the search such as travel to interview prospective candidates. |