We do things differently than most search firms when it comes to fee structure. We offer you three different options, each of which protects you, our client.
- Engagement Fee – The simplest and most effective way to get engaged with J. Louis Lynn is to begin with an engagement fee. We ask for one third of the estimated fee in advance as we begin your exclusive search. This comes with our standard “rollover guarantee.” If you must cancel your search (or redirect it) for any reason, any monies paid to J. Louis Lynn remain available to you as a credit and can be used for any other search for up to one full year from the date of initial payment! Example: You engage us to find a key leader but, part way through the search, your organization changes direction. You decide that instead of filling this role, you will combine this division with another, thereby eliminating the role we were working to fill. In these types of scenarios, when working with most other firms, you forfeit any monies paid. Not with J. Louis Lynn. These monies remain available to you as a credit to be used on any other search.
- Partner Account – This is your most efficient way to fill multiple roles or to manage your annual search budget. If you are planning a major hiring initiative, or simply need to move some budgeted money into another fiscal/calendar year, the Partner Account is for you. After consultation and discussion, this account is tailored to you and your needs. It behaves much like the Engagement Fee, simply in multiples. Each time a hire is made, one third of the total fee is subtracted from your partner account, and the remaining two thirds is invoiced to you. As with the Engagement Fee, your funds remain as a Partner Account credit until consumed.
- Exclusive Contingent Search – Exclusive Contingent Searches are offered on a space available basis. This can be a great way to learn more about J. Louis Lynn and the quality of service that we provide. The only thing we ask is that it truly be an exclusive search for both your protection and ours.
At J. Louis Lynn, we offer two guarantees.
First and foremost, no money paid to J. Louis Lynn will ever be lost due to a change in direction or cancellation of a search. Unlike most firms, if you need to change some of the parameters of a search, or need to cancel a search altogether, you don’t lose a dime. These funds, while not refundable, can be applied towards any other search with J. Louis Lynn and any new search you give us will be treated as if it’s a brand new retained search!
Secondly, we offer highly competitive replacement guarantees. If any candidate we place resigns or is terminated for performance related reasons during the guarantee period, we will replace that candidate, in that same role, at no additional charge.