April Showers = the Largest Split Fee of the Month
You’ve probably heard this expression before: “April showers bring May flowers.” But we really don’t care about flowers right now, do we? Especially since Mother’s Day is over? No. You’re recruiters. You care about making placements. And collecting recruiting fees.
Really, who can blame you? So when we talk about showers, what we really want to talk about are money showers.
Showers of value . . . and cash
This dovetails nicely into our current Pinnacle blog post. That’s because this post deals with the Largest Split Fee of the Month in Top Echelon Network. And it might look familiar, since we highlighted this particular deal in a recent blog post listing Network split placements.
Let’s try an exercise. Let’s take one of the recruiter’s portion of this $56,250 fee and see how long it would take for them to use that portion to pay their monthly Network membership fee.
Okay, so that portion is $26,437.50. The monthly membership fee for Top Echelon’s split network is $130. So 26,437 divided by 130 equals . . . a little over 203. Now we divide 203 by 12 (representing the months in a single year). That equals 16.9.
In other words, one recruiter’s portion of this fee would pay for their Network membership for almost the next 17 years. Now THAT is what you call a return on your investment.
Congratulations to Lisa DeBenedittis and Gail Williams for winning the Largest Split Fee of the Month Award!
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Largest Split Fee for April:
Lisa DeBenedittis of Elite Executive Search and Gail Williams of Williams Recruiting
The position for this split placement was a Director, Research – Immuno-Oncology. Lisa was the job order recruiter and Gail was the candidate recruiter.
The action that stimulated this split placement was listed as “Discussion Forum.”
The fee for this split placement was $56,250.
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Top Echelon determines the monthly and quarterly winners of its Network split fee recruiting awards in four distinct categories:
1.) Recruiter of the Month
2.) Largest Split Fee of the Month
3.) Recruiter of the Quarter
4.) Largest Split Fee of the Quarter
We only announce the winners of these awards in The Pinnacle Newsletter Blog. We do so usually (but not always) in the issue following the conclusion of each month and/or quarter.