


Retained fees and associated expenses are quoted and agreed in writing when an understanding of the assignment brief has been established with the client after the initial discussion. There are three elements of cost to the client, varying according to the nature of the assignment.
Retained Fees
These are normally based on the first year’s cash compensation paid to the appointed candidate, including base-pay and bonus / commission where relevant. Fees are invoiced in stages – when assignment is authorised and, thereafter, when appropriate to the progress of the assignment.
Outlay
Advertising, when used, is charged at normal media rates.
Expenses
There are the costs of travel, subsistence, accommodation etc. necessarily incurred by the consultant in seeking and meeting candidates and by candidates in attending interviews.