Compensation & Benefits Advisory Services, LLC
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Fee Structure (More Value)
Hourly Rate
The vast majority of our engagements are billled on a standard rate per hour basis (plus out-of-pocket expenses), CBAS provides full transparency for hourly rate engagements, and we generate more value for our clients by:
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Offering a standard rate per hour of up to 20% - 60% less than other boutique firms, large consulting firms and the Big Four Accounting firms
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Completing projects within smaller time budgets by using only highly qualified experts
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Eliminating time charges for "on the job" training and evaluations of inexperienced staff
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Removing charges for "administrative" or "overhead" costs which can directly or indirectly increase overall rate per hour
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Never charging for prior research and development or "value-added" time allocations
We have implemented controls for documenting and certifying all time charged, and we bill our clients only for the time spent directly on their engagement.
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Fixed Fee
Certain well defined projects, recurring engagements, or risk based engagements may be billed at an agreed upon fixed fee or with a maximum billing cap (plus out-of-pocket expenses).
Typical fixed fee engagements include:
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Opinion letters
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Employee communications sessions
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Valuations
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Reasonable compensation assessments