September 12, 2018 TruPath

Executive Search Firm Fees

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

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
Most Executive Search Firms offer retainers of 1/3 up front, 1/3 after a specific period of time, and 1/3 upon fill. Because an organization’s risk is greatest upfront, TruPath chooses to lessen the initial financial burden on its partners by reducing this to 1/4. 
 

What Type of Guarantee Does TruPath Offer?

TruPath guarantees executive placements for one year. If the candidate does not work out for any reason within the first year, TruPath will do a one-time replacement for FREE. This is an unlikely scenario, but recruiters are in the business of people! This guarantee protects client’s in the unlikely scenario that a new Executive is asked to vacate a recently filled role.
 
TruPath is a national Executive Search Firm based on a foundation of partnership. With placements all across the U.S., TruPath recruiters excel at finding clients the right type of talent for their individual needs.