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| Search Fee Payback Calculations |
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For a "Senior Manager"-level hire (manages major client projects, total compensation $150K - $250K):
This analysis uses only the individual's billings.
Assume billings are 1.5 times total compensation and benefits cost (33% contribution margin) with total compensation at 60% of billings, including base salary at 80% of total compensation.
At 30% of base salary, Whitehouse Pimms fee equals 14% (60% X 80% X 30%) of the individual's annual billings and 44% (14% / 33%) of annual contribution dollars generated.
Whitehouse Pimms's client achieves a 100% payback on the search fee in 159 (365 X 44%) calendar days using contribution dollars once the individual is billable.
For a "Manager"-level hire (total compensation $100K - $150K):
This analysis uses only the individual's billings.
Assume billings are two times total compensation and benefits cost (50% contribution margin) with total compensation at 45% of billings, including a base salary at 90% of total compensation.
At 30% of base salary, Whitehouse Pimms fee equals 12% (45% X 90% X 30%) of the individual's annual billings and 24% (12% / 50%) of annual contribution dollars generated.
Whitehouse Pimms' client achieves a 100% payback on the search fee in 88 (365 X 24%) calendar days using contribution dollars once the individual is billable.
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