Fairantee

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Fairantee is an executive search pricing tool that uses an AI-driven algorithm to determine a fixed fee for recruiting services. It ensures transparent, value-based pricing that doesn't change with candidate compensation.

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At a glance

Pricing

Custom

Free tier

API

Skill level

Non-technical

About

What is Fairantee?

Fairantee revolutionizes executive search pricing by employing an AI-driven algorithm to establish a fixed fee for each role, moving away from traditional compensation-based models. This innovative approach ensures that clients pay for the true complexity and value of the search, rather than a percentage of the candidate's salary, which can incentivize firms to present higher-paid candidates. Fairantee utilizes real-time market data and proprietary algorithms to calculate competitive rates, considering factors like pay competitiveness, location desirability, and work environment. This guarantees a transparent and fair price from the outset, eliminating conflicts of interest and providing certainty in recruitment costs. Quotes are valid for five business days, reflecting current market conditions.

Best used for

Ideal for executive search firms and companies who need to establish transparent and fixed pricing for executive recruitment, avoid traditional compensation-based fee increases, and ensure fair rates based on role complexity. Especially valuable for those seeking a data-driven approach to recruitment budgeting.

Common actions

calculate recruitment fees

determine executive search costs

ensure fair pricing

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Capabilities

Key features

AI-driven pricing algorithm
Value-based fixed fees
Real-time market data analysis
Competitive rate calculation
Transparent pricing

Target Audience

hiring managersrecruitment agencieshr professionalsc-suite executives

Integrations

Not yet documented

Pricing & Plans

Custom

Freemium

FAQs

How does Fairantee™ calculate its guaranteed prices?

Fairantee™ uses real-time market data and proprietary AI algorithms to calculate a fair, competitive price. It considers factors such as the competitiveness of pay, location desirability, work environment, and other relevant criteria to ensure the price reflects the true complexity of the role.

Why does Fairantee™ avoid traditional compensation-based fees?

Traditional fee structures, often a percentage of the candidate’s compensation, can incentivize search firms to present higher-paid candidates. Fairantee™ eliminates this conflict of interest by setting a fixed price based on data, ensuring candidates are chosen solely on merit, not potential fee increases.

How long is a Fairantee™ quote valid for?

Each Fairantee™ quote remains valid for five business days from its issuance. This short validity period ensures that the pricing you receive is the most accurate and current, reflecting the latest market conditions and data.

Can Fairantee™ prices be negotiated?

No, the prices provided by Fairantee™ are fixed to ensure fairness and transparency for all clients. This fixed pricing model guarantees that everyone receives the best possible rates without the need for negotiations, streamlining the process.

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