How We Work: Expected Costs and Length of Service

The Executive Transitions Program of Third Sector New England believes in a whole process (see Philosophy) that includes the search for a new executive director, 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 $25,000 to $45,000. You can reduce those costs if your non-profit 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 $3,000 to place and provide support to an interim executive leader. If you also work with us for the executive search/transition, the interim placement fee is reduced. You then negotiate directly with the interim executive director for his or her time. The cost for an interim executive leader is usually the equivalent of somewhere between $60-125 per hour on a part-time basis.

The time a transition consultant spends with a nonprofit depends on the latter’s readiness. Anticipate an average of 6 months. An interim executive director is usually in place for 4 to 10 months, with the average being 6.

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