The Wickline Group offers a variety of fee programs to its client companies:
- Contingency Search: A placement fee is due and payable only if a candidate is hired as a result of our efforts. The placement fee is a percentage of the candidate’s first-year guaranteed compensation, and a 30-day replacement guarantee is offered.
- Engaged Search: At the inception of the search, a non-refundable engagement fee of one-third of the projected overall fee is due and payable. In exchange for the up-front commitment, a reduced placement fee is offered, also calculated as a percentage of the candidate’s first-year guaranteed compensation. The final two-thirds of the placement fee is due upon the candidate’s start date. A 90-day replacement guarantee is provided with an engaged search.
- Retained Search: Typically for senior-level or critical niche roles, the retained search program will be customized to suit the exact needs of the company. One-third of the projected fee is due at the inception of the search, one-third is due upon selection of a defined number of candidates for the interview process, and the final third is due upon the candidate’s start date. The retained search program may also offer more in-depth interviews, deeper reference and background checking and a longer guarantee period.
In addition to the programs above, The Wickline Group has the ability to customize a fee program for your organization based on special criteria, including multiple-hire scenarios, consulting assignments, temporary or seasonal positions, and skilled hourly positions.
Please feel free to contact us with any questions or to discuss your recruiting needs in further detail.