
WHY you should BUY RECRUITING SERVICES from MH Executive Search Group
We offer a unique selling proposition and can create a payment program, which fits your needs.
| Services Provided - Search Options |
Engaged
|
FLAT FEE RETAINED |
Contingency |
| Relationship |
Partnering
Your firm is invoiced at the start of the search for an engagement fee which
is a 1/3 portion of the fee payment. If you hire someone from us the balance
2/3rds of the fee is due at the
close of the assignment. |
Partnering
The fee is split into 4 equal parts and is FLAT. No need to worry about rising salaries on this search. If the candidate needs more money to accept your job, our recruiting fee is FLAT predetermined at the start of the search.
|
Transactional If we place a candidate
with your firm we are due the fee, if you hire through another source no fee is due.
|
| Expectations |
Top
Priority - we speak with candidates in your field and
we
recruit and solicit your competitors to find people who can do what you want them to
do. Our researchers work diligently until we place a person with your firm who fulfills your needs. If your firm needs to fill a difficult assignment and needs dedication and a pipeline of qualified individuals to conduct meetings and or interview this is the best choice. As partners in the personnel selection we treat our client company partners to our best pricing for our services. |
Priority Search If you need
to budget your search expenditures or if you just
need to know what the end number of the fee is regardless of the
salary and bonus or commissions paid this is the way to
go.
We act as your agent in arranging meetings, debriefing and let all parties know where each party stands, assisting with the entire search process, making and negotiating the offer and assuring the candidate starts his/her employment with your company. With salaries escalating at such a rapid pace, this plan keeps you in charge of what you pay - predetermined before we start or begin the search. |
We refer those individuals who meet many of your company's objectives and requirements. We act as your agent in arranging meetings, debriefing and let all parties know where each party stands, assisting with the entire search process, making and negotiating the offer and assuring the candidate starts his/her employment with your company.
|
| Fee Structure |
ENGAGED FEE 1/3
of the fee is paid upfront in advance to start the search. The remaining 2/3
of the fee is paid after the new employee starts to work . If you hire someone through a another source, we'll maintain your initial 1/3 payment as a non-refundable credit for 6 months. |
FLAT FEE 1/4 to start the search,
1/4 on candidate presentation 1/4 on the close of the sale and the last 1/4 quarter 30 days after the close of the sale and the employee starts to work. If you hire someone from another source but before the candidate presentation phase, we will maintain your initial 1/4 payment as a non-refundable credit for 4 months against a future search.
|
Contingency
fee is defined as when and if we find a or recommend a candidate that you
hire from us, we charge your firm a percentage of the anticipated first
years annual compensation.
|
| Pricing |
In Engaged search because the risk is evenly spread between our firm
and the client company we are more flexible to listen to your needs. This is not available on
straight contingency work. If you hire someone through a another source, we'll maintain your initial 1/3 payment as a non-refundable credit for 6 months. |
In the Flat Fee we predetermine a Flat FEE based on the discussions we have with you and how much of a needle in a haystack you are looking for in a candidate. In general, for example if it were agreed that the salary of a person hired was to be $120,000 our flat fee would be $7,500 per each 1/4 payment segment or $30,000 FLAT FEE total. However, if you have to pay more for the person i.e. $160,000 your fee remains the same flat fee at $30,000. Other variables apply - depending on how deep the person is buried in a competitors organization. | This fee is based on the first year's annual income including salary, and bonuses or commissions. The entire search is at our risk and therefore we charge a little more on these searches than on engaged fees and on the Flat Fee assignments. |
| Fee Policies | We will send within 1 day of our discussion, and must be signed, dated and returned before we start the search on an Engagement Fee basis. | We will send within 1 day of our conversation, and must be signed, dated and returned before we begin the search on a FLAT FEE basis. | We will send within 2 days of our dialogue, and must be signed dated and returned before we begin the pursuit on a contingency basis. |
| Written Reference Reports | Yes - top 3 candidates | Yes - top 3 candidates | Yes - one candidate receiving the offer. |
| MVR, Credit checks, Criminal Checks | Due to the extreme confidential nature of these reports, we are not permitted by copyright law to rewrite them for your use. We outsource them and your firm pays separately for them Costs range from $25 to $250 depending on how extensive of a checking search you need. | Due to the extreme confidential nature of these reports, we are not permitted by copyright law to rewrite them for your use. We outsource them and your firm pays separately for them Costs range from $25 to $250 depending on how extensive of a checking search you need. | We outsource them and your firm pays separately for them Costs range from $25 to $250 depending on how extensive of a checking search you need. |
| Search Profile | Written & Approved | Written & Approved | Written |
| Performance Profile |
Complete
addendum covering products, computer skills, processes, and machinery
skills knowledge. In sales positions - customer or client knowledge of accounts replaces machinery skills. Plus on Engaged Searches we conduct Standard Performance Profiles on each referred candidate covering standard areas of strengths and weaknesses. |
Complete
addendum covering products, computer skills, processes, and machinery
skills knowledge. In sales positions - customer or client knowledge of accounts replaces machinery skills.
|
We are in a horse race to get people for you firm as quick as we can - from our files, referrals etc. and sometimes we can provide them, if we already have them in house, other times if we don't, it is not feasible. |
| Timely Updates to client by - phone, or email | Yes | Yes | Yes |
|
Replacement Guarantee Each fee policy in Engaged and Flat Fee Retained is custom written, we do not combine terms on any money back guarantee option with the replacement guaranteed offered in these options. |
Yes - above average. On the replacement warranty we will guarantee the individual hired (see fee policy for time limitations) - and offer one free replacement. | On the FLAT FEE RETAINED you can choose either a replacement guarantee, or a modified money back guarantee is available. Money back guarantee is calculated on a 1/60th day basis and at the end of 60 days after the starting date of employment the fee is considered earned. If you choose replacement we will guarantee the individual hired (see our fee policy) - and offer one free replacement. | Optional, all replacement guarantees are are tied to settling our invoice on time and include one free replacement. |
We will gladly discuss any of our search methods with your firm, send you an expanded proposal and work with you on the best method which meets your needs. Just pick up the phone and CALL us at: 727-786-8877. packagingjobs@mhgroup.com
MH Executive Search Group refers candidates based solely upon their qualifications for the position in question, and does not discriminate on the basis of race, religion, color, age, sex, disability or in any other manner which is prohibited by any applicable federal, state or local law.
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Last Updated: Monday, August 18, 2008
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