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Our fee structure consists of an Engagement Fee and a Success
Fee. Under certain circumstances these fees are paid by a third
party. This may occur when Nisus is engaged in connection with
1) outplacement or termination arising under a negotiated buyout,
severance or exit package; or 2) as part of an employee-retention
package for the benefit of the spouse, relative or partner of
a valued employee. For some clients, the Success Fee may be paid
from a signing bonus, which Nisus has negotiated with the prospective
employer on our client's behalf.
- Engagement Fee - Due at the commencement of every assignment, this fee is based
on the individual's present compensation, all-inclusive, for the
current year. In cases where our client is not presently working,
this fee is based on the most recent year of completed full-time
employment.
- Sucess Fee - In private sector, for-profit placements, the success fee is based
on the aggregate compensation for the initial employment year.
For public sector and not-for-profit opportunities, Nisus adjusts
this fee to reflect its support for those professionals choosing
such opportunities and in accordance with the significant salary
reduction required by such positions. In these cases, the success
fee is based on the aggregate compensation for the initial employment
year, which is further reduced by the amount already paid as the
engagement fee.
- Payment Arrangements - Under the terms and provisions of the Agreement between Nisus
and its client, the Engagement Fee is due at the commencement
of services, and the Success Fee is earned and payable upon the
occurrence of certain described events. From time to time, Nisus
has entered into flexible arrangements for payment of the Success
Fee. Such arrangements are negotiated on a case-by-case basis.
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