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Open
Disclosure
We
believe that there are definite advantages for companies, recruiters and
RecruiterXchange when the financial details of an
assignment are shared
openly between the parties.
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COMPANIES
can decide the appropriate rate to
pay a recruiter they engage through RXC. They can
readily adjust that rate during the assignment to
recognize and reward performance. Companies
can
stay in control of the
cost of their engaged recruiting
talent. We add an
up-charge to the rate selected
which is known to the company and
recruiter.
RECRUITERS
can
concentrate on their performance
and the value they bring to their assignment when
the financial terms are fair and fully disclosed.
BOTH
have a
better chance of building a mutually beneficial contractual
relationship and,
potentially, an employment relationship with open disclosure.
OUR
OPEN DISCLOSURE PRICING
1. Contract Staffing
& Consultants --
After a company
has decided on an
appropriate pay rate for their selected recruiter, RXC calculates
the
company's bill
rate by marking it up the recruiter's rate to cover our
payroll
expenses, operating costs and margin.
2. Contract-To-Perm -- A conversion fee is
due when a company
decides to
hire an RXC contract recruiter for regular
employment with the
company.
We use a sliding conversion scale which starts at 10% of the
offered salary
and declines monthly. There is no conversion fee after
the 10th month
of
a recruiter's assignment.
3. Executive Search --
Our standard fee is 22% of the successful candidates
first year's income. We offer clients the option of
contingent or retained
search as best serves their purposes on each search.
Invested Search is our
featured option. A company can initiate a
contingent search with an investment or deposit, typically
$500 to $3,000.
When the search is completed, RXC triples (3X) the deposit
amount and
deducts it from the final search fee due.
Example:
Company initiates a search for a National Recruiting
Manager
with a deposit of $3,000. Manager is hired at 80k
resulting in a search fee
of $17,600
(80k X 22%).
RXC triples the company's $3,000 investment and
deducts $9,000 from the search fee resulting in a net due of
only $8,600.
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