Month One
100% Of Hiring Fee
Month Two
80% Of Hiring Fee
Month Three
60% Of Hiring Fee
Month Four
40% Of Hiring Fee
Month Five
20% Of Hiring Fee
Month Six
80% Hiring Fee
With a try/buy solution, we find you qualified candidates based on your staffing criteria and you get to use them as consultants before you hire them, to ensure they are the perfect fit.
You can hire them at any time but the finders fee declines month-over-month until the sixth month when there is no longer any fee to hire them.
Example of Try/Buy Costs
TRY: Initial consulting cost for resource = $9,165 per month ($110,000/Yr)
BUY: If moving to FTE, reduced cost with benefits, FTE salary is $7,083 per month ($85,000/Yr).
INITIAL HIRING FEE: 25% of $110,000 first year salary or $27,500.
Cost to hire in Month 1 @ 100% fee
Salary $87,078 + $27,500 Fee
Month 1 FTE Yearly Cost = $114,578
Cost to hire in Month 2 @ 80% fee
$89,160 + ($27,500*80%=$22,000)
Month 2 FTE Hire Cost = $111,160
Cost to hire in Month 3 @ 60% fee
$91,292 + ($27,500*60%=$16,500)
Month 3 FTE Total Cost = $107,742
Cost to hire in Month 4 @ 40% fee
$93,324 + ($27,500*40%=$11,000)
Month 4 FTE Total Cost = $104,324
Cost to hire in Month 5 @ 20% fee
$95,406 + ($27,500*20%=$5,500)
Month 5 FTE Total Cost = $100,906
Cost to hire in Month 6+ @ 0% fee
$97,488 + No Fee
Month 6+ FTE Total Cost = $97,488
After the first year cost as shown above, each subsequent year the salary cost would be $85,000/Yr + benefits
