Technology |
Terms |
Guarantee | Fees |
Industry ExpertiseThe standard Executive Search fee is equivalent to 30% of the average annual salary paid to a manager who is able to perform per the expectations of the vacant position. The average annual salary is based on a labor market analysis of the respective market segment.
If a search is conducted in the CIS, the fee for our services will be settled as follows: one-third of the total fee shall be paid upon signing the Executive Search contract; one-third shall be paid 30 days after work has started and the long list has been provided; and the remaining balance shall be due after the candidate has accepted the job offer and signed an employment contract.
In the event of an international search that requires the services of RosExpert consultants and our strategic partner, Korn/Ferry International, the payment of fees shall be settled as follows: one-third of the total fee shall be paid upon signing of the Executive Search contract; one-third shall be paid 30 days after the work has started and the long list has been provided and the remaining balance shall be due 60 days after the work has started. After the project is completed and the candidate joins the company, additional expenses shall be settled. The charge for additional expenses is 12% of the total Executive Search fee.
We do have situations in which we have Preferred Client Relationships, whereby special fee arrangements are established.
The conditions for a Preferred Client Relationship include:
— RosExpert is the sole provider of search services for all senior level searches within the organization;
and
— There is a guaranteed minimum volume of searches annually.
We would be happy to discuss such an arrangement in greater details with you.