Client Fee Options
Phoenix Global Search offers 2 fee options:
Option 1: Traditional Contingency Fee
Option 2: Container Fee - A mix of contingency and retainer resulting in a reduced overall fee
The Container Fee
A combination of contingency and retainer fees.
A SGD5,000 retainer fee is charged at the start of the search.
Upon completion, a lower contingency fee will be charged for the first year's annualized compensation minus the SGD5,000 retainer.
For both Contingency and Container Fees the success fee percentage will be lowered for subsequent hires for multiple placements made within six months of each other.
The advantage of a container fee for both parties is the mutual commitment made to complete the assignment. In addition, the client fee will be lower than the traditional contingency fee.
We invite you to contact us to discuss the positions you are looking to fill, and if you have any questions regarding the client fee options.