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A
retained executive search firm is engaged by a client
company to fill a specific opening, on an exclusive
assignment basis, usually to fill higher level positions
with compensation packages of $90,000 and above.
Here is
a quote from Bill Sitter, the Owner of our firm,
explaining JSA's unique partnering relationship with our
clients:
"During
an exclusive, retained search assignment, our firm
becomes a temporary extension of our client's
activities. This relationship can be likened to one
between a company and its CPA firm or law firm. The goal
of this partnership clearly becomes the prompt
acquisition of the best qualified manager for our client
company."
At JSA,
the retainer portion of the fee is paid up-front on a
non-refundable basis. A second payment is due in 60 days
and the balance of the fee is paid on completion of the
search assignment, which is signified by offer
acceptance.
Typically,
retained search firms have received all of their fees in the
first 90 to 120 days, regardless of the status of search
completion. NOT JSA...JSA
is not fully paid until our client's needs are met! |