This is the standard bearer in our industry. Simply stated, no fees are paid unless you hire a candidate referred by Gordon-Hughes & Associates. Our methodology is modified slightly and the fee is billed and due when the new employee reports to work.
When the search requires a high degree of confidentiality, urgency and broad market coverage, retained search may be appropriate. This represents the highest level of service provided by Gordon-Hughes & Associates. We apply all of our resources to the project and dedicate a team of professionals whose only function is to complete the assignment.
Generally, a negotiated fee is agreed to and is billed in three installments. The initial amount is due upon execution of the retained search agreement which secures our full commitment to the initiative. The next payment is billed 30 days subsequently. The balance is due only after the search is concluded which is defined as acceptance and established start date. Gordon-Hughes & Associates utilizes this approach to communicate our commitment to project completion.
& Associates created this hybrid service offering to provide our
client base an option between contingency and retained. Engagement search
requires partial funding in advance and is given high priority by our consultants.
It is viable when the search is for urgent and critical positions and requires
immediate action. This is also an effective way to fill multiple openings
or high level search assignments. The initial payment to secure the service
is one-third of an estimated compensation level and the balance is due
upon the new employee's start date.
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