Many retained executive search firms offer 6 months to 1 year as their standard replacement guarantee. The issue with that is typically the MBOs and/or role objectives have longer timelines (as in 2 to 3 years) that are often the basis for bonuses and stock options and/or equity. NextGen Global Executive Search leads the recruitment industry with a 2-to-4 year replacement guarantee. This is also the reason why our retention rates are longer at 94% of our placements with the client at the at the 5-year hire anniversary date. That means they are excelling and often have been promoted because they have added laudable intellectual property, strategic direction, or increased revenues and market share.
Industry Leader in Replacement Guarantee
Many retained executive search firms offer 6 months to 1 year as their standard replacement guarantee. The issue with that is typically the MBOs and/or role objectives have longer timelines (as in 2 to 3 years) that are often the basis for bonuses and stock options and/or equity. NextGen Global Executive Search leads the recruitment industry with a 2-to-4 year replacement guarantee. This is also the reason why our retention rates are longer at 94% of our placements with the client at the at the 5-year hire anniversary date. That means they are excelling and often have been promoted because they have added laudable intellectual property, strategic direction, or increased revenues and market share.
Recruitment Replacement Guarantee
NextGen Global Executive Search leads the recruitment industry with a 2-to-5-year replacement guarantee for executive search placements. See why NextGen’s average retention for placements is 94% at the 5-year hire anniversary date. That means those placements are excelling and often have been promoted because they have added laudable intellectual property, strategic direction, or increased revenues and market share.
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