7. Fees, costs & payment schedule
Recruitment Campaign Fee
We are proposing a fixed fee of £35,000 for this campaign, thus giving ETL the certainty of a fixed campaign fee.
We expect the salary level to be in the £140,000 per annum range thus giving a likely percentage figure in the range of 25%.
Our methodology is to manage the campaign as ETL’s retained advisor on an exclusive basis. Our charging structure is 1/3rd of fee upon commission of the campaign (Stage 1) and the final 2/3rds payable upon start date of the successful appointee (Stage 3).
Costs
Any specialist advertising and psychometric assessment can be arranged by MRG and will be discussed at the briefing. In the event that a campaign is cancelled by ETL at any point after the closing date 50% of stage 3 fees will be charged. All other terms as per MRG Standard Terms of Business.
Payment Terms
Stage 1 Fees and Costs are payable 30 days from date of commission of assignment
Stage 3 Fees are payable 30 days after commencement of employment of successful candidate.
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