How much do Executive Search Firms cost? Often, its hard to find Executive Search Firm fees with a simple google search. TruPath, a national recruiting firm, breaks down their Executive Search Firm fees in a very transparent manner.
Executive Search Firm Fees
Fees range from 25-45% when it comes to executive search. Usually, the more difficult the search, the higher the percentage. Not the most helpful, right?! That’s a pretty broad range and translates into thousands of dollars.
TruPath’s Unique Approach to Executive Search Firm Fees
How Much are TruPath’s Executive Search Firm Fees?
TruPath offers to fee tiers for clients:
- Positions up to SVP – 25%
- C-Suite Positions – 27%
The fee is based off of the position’s first year annual salary. Many recruiting firms fee based off of total compensation (base + projected bonus). TruPath chooses to be as transparent as possible. Total compensation can be somewhat subjective as it often depends on individual and company performance. No need to guess! This approach also lessens the client’s financial burden.
How Much is TruPath’s Retainer?
- 1/4 to initiate search
- 1/4 at 30 days after the search is executed
- 1/2 upon fill