Johnson Associates
accepts both contingent and retained search assignments and is a client
fee paid executive search firm; there is no cost to our candidates.
Contingent
Search: Contingent fees are paid only if the client hires a candidate
submitted by Johnson Associates. Fees paid on a contingent search basis
are paid at the successful conclusion of a search, and are due in full
on the candidate's start date. The contingent search fee is a competitive
percentage of all first year's income including base salary and any other
guaranteed incentive paid to the candidate within the first year of employment.
If the position is filled with a candidate not submitted by Johnson Associates,
no fee is due.
Retained
Search: Fees paid on a retained search basis are paid in equal one-third
installments. One-third upon initiation of search, one-third paid at 60
days into the search and the remaining one-third paid upon completion
of the search. Retained searches are conducted on an exclusive basis and
all candidates, regardless of origin, shall be processed through Johnson
Associates. The retained fee amount is determined by a competitive percentage
of the candidate's anticipated first year's projected total guaranteed
compensation.
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