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How We Work: Expected Costs and Length of Service

Photo: Transition consultants meetETP believes in a whole process (see Philosophy) that includes the search, an organizational assessment, establishing a transition team, developing the job profile and designing a marketing/advertising strategy for the position (but not including the cost of advertising). Expect a cost of $15,000 to $25,000. You can reduce those costs if your organization already has a relevant strategic plan, your transition team is in place, you choose to do the first round of interviews with applicants, etc.

TSNE charges a placement fee of $1,500 to find you an interim executive director if you also use one of our transition consultants, or $2,500-3,500 (on a sliding scale) if you don't. You then negotiate directly with the IEDs for their time, the equivalent of $50-100 per hour for a 24-hour week.

The time a transition consultant spends with an organization depends on the latter’s readiness. Anticipate an average of six months. An IED is ususally in place four to 10 months, with the average being six.

Next: How the Executive Transitions Process Differs from a Traditional Search

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