Pay-for-Performance Fee Structure
Our
pay-for-performance fee structure guarantees we'll do more than just search
for the right candidate... we'll deliver.
Most retained search firms are paid to search, not to deliver. They collect their fee up front, regardless of whether or not they ultimately deliver a viable candidate. This model typically puts the search firm's goals out of alignment with the client's, and that’s why, after all the fees have been paid, the industry's average completion rate is only 60%.
At Chen Partners, we employ a pay-for-performance fee structure that puts both our reputation and compensation on the line. It's proof of the confidence we have in our ability to deliver.
Our full fee is due only after we have successfully recruited your new senior manager or executive. This demands that we take on only searches we know we will complete, and that we commit or create any resource necessary to succeed. It's designed to deliver actual results for our clients, and requires that our ultimate objective match yours: to hire the right person for the job.
Most retained search firms are paid to search, not to deliver. They collect their fee up front, regardless of whether or not they ultimately deliver a viable candidate. This model typically puts the search firm's goals out of alignment with the client's, and that’s why, after all the fees have been paid, the industry's average completion rate is only 60%.
At Chen Partners, we employ a pay-for-performance fee structure that puts both our reputation and compensation on the line. It's proof of the confidence we have in our ability to deliver.
Our full fee is due only after we have successfully recruited your new senior manager or executive. This demands that we take on only searches we know we will complete, and that we commit or create any resource necessary to succeed. It's designed to deliver actual results for our clients, and requires that our ultimate objective match yours: to hire the right person for the job.
A brief introduction to what we do and how we do it.
Take a look at our pioneering, pay-for-performance fee structure.
Our 3-part search process is based on the latest research techniques.
See the common search and hiring mistakes that we avoid.