Non-TSG Contingency Hire ($7,500 fee) 2017 Revenue – $1.528M 2018 Revenue – $1.027M ($500K) loss; < 12 mo. tenure; terminated and refill |
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TSG Retained Hire ($30K fee) 2017 Revenue – $832K 2018 Revenue – $1.9M > $1M gain; Rep of Year Promotable |
TSG Retained Hire ($30K fee) 2017 Revenue – $2.4M 2018 Revenue – $3.5M > $1.1M gain Promoted |
Non-TSG Retained C level Executive Hire ($183,500 total fee paid)
On paper, extremely Qualified, Pedigreed; Professional Success Extremely Charismatic; Great Interviewer; had ‘Powerful Friends’ as References FAILURE – Never physically engaged (wasn’t driven); Unknown to company pre-hire, was having significant marital, extra-marital with employee(s) and other issues that impacted engagement, decisions and business outcomes – Exercised Employment Agreement Termination with Severance after 14 months (company forced) |
TSG Retained to ‘Clean Up’ Above Hire ($124,575 total fee paid)
Seven (7) qualified, prospective candidates within 4 weeks or less; Client narrowed to top 3; Could have hired all 3; Hired #1 and extended offer to 2nd candidate (turned down as not a level desired) SUCCESS – Employee engagement at all time high; mid-double digit revenue and EBITA growth globally last 2 years exceeding performance plan; Stock value appreciation of over 57%; In process of acquisition conversations for $B’s additional valuation |