Employer Fee Plans |
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Now is the time to take advantage of valuable candidates whom are gainfully employed, but open to their next challenge as the right opportunity is presented by the right source. The Pinnacle Source will help find your greatest asset - your people - to help grow your business this year and many to come.
Competition for exceptional talent is tough, and industry leading technology firms are ramping up dramatically and attracting talent with great benefits, work-life balance and awards like ColoradoBiz Magazine’s “Best Companies to Work for in Colorado” for example.
We’re confident we have a fee plan that will work for you company, and more importantly, work with your budget. Contact us today to determine the best plan for your budget and company!
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Engagement Fee Plan
This unique, customized fee agreement works for any employer, and any budget, ready to commit to a dedicated search assignment. The hiring authority and Jordan will determine a one-time, flat fee prior to the search beginning. This ensures no surprises, no sliding scales, and is not based upon percentage of salary; it’s based on a desired profile. This Engagement Fee plan gives you the peace of mind of knowing exactly what the fee budget is and that The Pinnacle Source will not exceed it. The fee will be mutually agreed upon via a conversation consisting of your requirements, profile specifications, compensation plan range, etc. and our service capabilities relevant to the search. Once the total one-time fee is established, The Pinnacle Source requires a 10% non refundable deposit to commence the search and will begin the recruiting process. The remaining 90% is not due until you select and hire one of the candidates we recruit and refer to you.
The Engagement Fee is our most popular plan because you know what to expect and we know you are committed to conducting an extensive professional search. We are committed to providing you with the best talent and best fit for your tech company, so we offer our employer clients of this plan an unconditional 180 day guarantee policy. If you decide to terminate our placed candidate for any reason (other than layoff) and/or our candidate leaves you willfully, we will replace him/her with alternative qualified candidates, per your specifications, free of charge.
Retainer Fee Plan
For clients requiring an even higher level of exclusivity, The Pinnacle Source provides a results-oriented retainer plan. Keep in mind this fee plan comes complete with a full year – 365 day guarantee. If you decide to terminate our placed candidate for any reason (other than layoff) and/or our candidate leaves you willfully, we will replace him/her with alternative qualified candidates, per your specifications, free of charge. Once again, we will mutually agree upon a flat fee so there are no surprises. To begin the recruiting process one third (1/3) of the total fee will be due. The second payment, consisting of an additional one third (1/3) of the fee is due only after you have reviewed and interviewed three candidates through The Pinnacle Source that you deem qualified for the search assignment. The remainder one third (1/3) payment is due upon the selected and hired candidate’s start date.
Contingency Fee Plan
More than 80% of all of the fees we have earned in the past have been based upon a the contingency fee plan – proof that Pinnacle is the performance-based recruitment services firm for sales and sales management in the IT industry. This plan charges 25% of the first year’s annual base salary offered to a candidate that we refer to you if/when you hire him/her. The entire fee is due within 15 days of the new employee start date. For repeat customers, we offer a loyalty rate of 20% of base salary. As with all plans, our commitment to the best hire and best fit comes with a 90 day guarantee policy. If you decide to terminate our placed candidate for any reason (other than layoff) and/or our candidate leaves you willfully, we will replace him/her with alternative qualified candidates, per your specifications, free of charge.
Project Based Qualifying Fee Plan
For employers drowning in resumes and candidates that you have sourced on your own, we are here to make sense and order out of the voluminous paperwork. The Pinnacle Source is an expert at sifting, sorting, and prioritizing candidate’s credentials and will provide assistance in each search requirement. This Project Based Qualifying plan charges a flat fee per search assignment for qualifying and screening service which typically amounts to one half (1/2) of our standard Engagement Fee Plan size. We will customize this plan based upon a free consultation and get to the quality candidate you want to hire for your firm. The time you will save and the expertise you will receive are added bonuses.
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