Proposed Fee Structure
The Merraine Group Inc. offers a variety of
retained and contingency plans to allow the maximum flexibility when working
within your guidelines. Our typical
fee is equivalent to 30% of the candidate's first year's salary.
This fee may be discounted depending upon a series of criteria including:
- Volume
of searches within a twelve month period
- Level
of position being filled
- Retained
or contingency search
- Multiple
placements at one time
- Payment
terms
The information below provides a more
detailed description of our fees:
- Retained
Search: Our
top priority. This plan is
for a priority situation, or for a sensitive case in which
confidentiality is paramount. We serve as your company's directed
recruiting resource. Our fee is computed at 30% of the individuals first-year compensation. You pay
us one-half to initiate the search, and the remainder once the
candidate begins employment. In addition, we assign a
dedicated client services representative to your account until the
search is completed.
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- Rolling Engagement:
This widely selected option provides you the ability to make a modest
monthly payment using the priorities of retained search with the
flexibility of a contingency arrangement. Your "Good
Faith" deposit may in fact be applied to any one of your open
positions rather than just one position in particular.
|
- Contingency
Search: We
refer candidates who most closely match your company's requirements.
If you hire someone we've presented, our fee is 30%
of his or her first year's compensation.
We do not charge any fee under a contingency search unless you
hire one of our candidates.
|
- Discount
Retainer/Contingency:
Our fee may be discounted when multiple positions are filled within a
specific time period. We recruit and refer candidates while
providing assistance throughout the interview and hiring process.
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If you should require further
information about our fees or be in need of a tailored proposal, please contact
one of our Client Specialists directly or:
Thank you for your interest!