MH Executive Search Group

Fee Policies

At the beginning of any type of search we conduct, we will require a signed fee policy. We will work with you to establish the best way for your company to use our services below our 3 most popular arrangements.

Engagement Fee

Our client company is billed 1/3 of the total fee upon its acceptance of the search assignment, and the remaining 2/3 of the fee when the actual placement is made. To effect the additional replacement guarantee on the placed individual the balance must be paid within 25 days from the candidate's starting date.

This 1/3 of the fee deposit is made at the start of the search and should you decide to use another source, it will be kept as a non-refundable credit for 6 months against a future assignment with a similar title. If after 6 months you decide to do nothing, it is considered earned income.

The benefit of making you a first priority account meaning we will work until we find an individual, who suits your needs up to 6 months.

Flat Fee Retained Search

This is generally set up for those firms who's income offered to the new employee exceeds $150,000 per annum.

With salaries escalating our flat fee is designed for a company who wants to know exactly how much it will cost them before the start of the search.

When you sign this fee policy we will charge an agreed upon FLAT FEE in USD, regardless of the eventual salary/income which is offered to the candidate.

For example only, we split the agreed upon fee into 4 equal parts and payment is due as follows:

Part 1 on the start of the search for research and developing candidates, we earn a non-cancelable fee on this part of the search, when we refer our first candidate.
Part 2 is billed when we are prepared to present the candidates to your firm, and upon candidate acceptance, we will invoice you for the second quarter of the fee.
Part 3 of the fee - is billed when the candidate accepts the offer of employment.
Part 4 is due sixty days after the starting date of employment.

Because each client is unique and different, call us and we will evaluate your search assignment for the FLAT FEE arrangement. The first payment, will be made at the start of the search and should you decide to use another source before we present the first candidate, it will be kept as a non-refundable credit for 6 months against a future assignment. If after 6 months you decide to do nothing, it is considered earned income.

Should you need us to meet all of the candidates face to face additional travel and time charges apply.

Contingency Fee

We work on contingency fee on a select basis meaning for those companies which we agree to work on a contingency basis with we do the research for candidates, tell them about your opportunity, set up meetings, follow-up, do references at our expense prior to your firm spending a dime, until the end of the successful search when we will invoice you in full for our services at a rate based on the first years' income.

We reserve the right to be selective on the business job assignments, which we will consider working on contingency. Those without defined goals or a timetable of projected actual starting dates, as well as speculation searches are un-acceptable searches.

Referrals and Guarantees

The MH Executive Search Group refers the best candidates for the job and expects that the company meeting them will give us a feed back on the positives and negatives of each interview. This is a tool that we use to learn more about the hiring habits of our client company helping us to select the candidates in the most efficient way.

Our replacement guarantees are very reasonable and our guarantees are tied to settling our invoice on time and are outlined in the fee policy sent to you.