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 Our
professional fees have been developed to meet market demands.
For years, retainer based executive search firms have
charged a fee that, in most cases, is paid in full prior
to a company successfully identifying or even hiring a
candidate. The growing concern among users of retainer
based search has been in cost effectiveness and keeping
the search firm focused on your hiring needs.
Caruso & Associates has a fee structure that preserves
your financial resources and ensures our full attention
to your search needs. Our financial stake in your critical
hiring needs is to successfully conclude the search in
a timely manner.
In addition to professional fees, retainer based executive
search firms charge their clients for reimbursement of
out-of-pocket expenses which include: photo copies, mailing
and postage, facsimile copies, administrative charges
and other incidental expenses. Out of pocket expenses
on the average, range an additional ten to fifteen percent
or
more of the search fee paid.
Caruso & Associates considers those type of out-of-pocket
expenses our costs to service you, our client, and not
your expenses to do business with us.
FEE: We work on an exclusive basis, our fee is
based on the selected candidate's first year's estimated
cash compensation.
EXPENSES: We will not invoice for reimbursement
of out-of-pocket expenses associated with the assignment,
with the exception of telephone charges and any travel-related
expenses. Such travel will be pre-approved by you, our
client.
INVOICING: Our professional fee is invoiced as
follows: A portion of the fee is paid upon inception of
the search assignment. A progress billing is invoiced
upon presentation of qualified candidates, and the balance
due upon hiring. |
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