Hi Priya,
At the outset its better to have MOU signed among the two.
As you mentioned it varies and depends on the services provided by consulting firms.
It starts from 8.33% and varies based on years of experience/CTC offered.
However its always within HR team to negotiate it for uniform rate irrespective of positions/CTC.
Regards,
VGA
Quote:
Originally Posted by priyaranganathan Dear all,
Kindly help me to find the consultant fee to close the opening.
I heard its 8.33% is the market rate for any closure.
But i have a consultant whos working for my company for almost 3 years and he charges almost 12% and to say our company has not signed MoU with the consultant.
Does the closure fee varies with CTC or the position.
Kindly enlighten me on this.
Regards,
Priya |