Page 11 - First Business Overview June 2017 B Clarke
P. 11

Fees, Expenses, and Guarantee

           Executive Search








          Pay For Performance Fee Structure:  Second and Third installments tied to


          deliverables.


          Searches are conducted for 33% of first year estimated total annual cash

          compensation and billed as follows:

                   • One third at the outset of the assignment.


                   • One third at the 30-day mark of the assignment (with the delivery of

                        our Benchmark Report).


                   • Balance when the search has been completed.


          • One time admin fee charged at 7% of the estimated fee, excluding travel

              and interview expenses.


          • One year guarantee.
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