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Costs and pricing

Part of How to budget for employer branding costs with a worked example

Why employer branding pricing models reward a fixed scope of work

Day rates, project fees, retainers and performance-linked deals compared, with labelled pound examples and a checklist for employer branding pricing models.

What to take away

  • ONS population estimates put England and Wales at just under 59.6 million people at the 2021 Census, which is where audience sizing starts (Population estimates).
  • Four models cover most quotesday rate, fixed project fee, monthly retainer and performance-linked fees.
  • Fixed fees push scope risk onto the supplier. Retainers leave that risk with you.
  • Compare quotes only after the deliverables and review dates are written down.
  • Keep a separate budget line for compliance review of advertising claims.

The four employer branding pricing models

Suppliers seldom name their model. They quote a number and let you infer the structure underneath. Asking which of the four shapes a quote follows is the quickest way to make two bids comparable.

Four employer branding pricing models

Day rate

How fee is set
Hours at daily rate
Where it fits
Audits, one-off projects
Example figure
£400–£800 a day

Fixed project fee

How fee is set
One price per deliverable
Where it fits
Careers copy, EVP
Example figure
£12,000 per deliverable

Monthly retainer

How fee is set
Set days each month
Where it fits
Always-on content
Example figure
£4,000 a month

Performance-linked

How fee is set
Part tied to measures
Where it fits
Measurable campaigns
Example figure
Baseline agreed pre-launch

How the fee is set

Day rate
Hours at an agreed daily rate
Fixed project fee
One price for a defined deliverable
Monthly retainer
A set number of days each month
Performance-linked
Part of the fee tied to agreed measures

Where it fits

Day rate
Audits and one-off projects
Fixed project fee
Careers site copy, EVP writing
Monthly retainer
Always-on content and community work
Performance-linked
Campaigns with measurable applications

The figures above are illustrative. A mid-level consultant might quote £400 a day and a senior one £800, so a ten-day audit would land between £4,000 and £8,000 on those rates.

Performance-linked fees need a baseline agreed before launch. Tying part of a fee to applications per vacancy only works if the opening figure is fixed in advance, since a seasonal dip can look like supplier failure.

What retainers hide about cost

A retainer spreads spend evenly, which helps cash flow and conceals drift. At an illustrative £4,000 a month, a year of work costs £48,000, and the supplier decides what fills any unused hours.

Retainer versus fixed fee cost

  • £4,000illustrative monthly retainer
  • £48,000cost of a year of retainer work
  • £12,000illustrative fixed fee for a deliverable

Fixed fees invert that arrangement. Take a supplier quoting an illustrative £12,000 for a defined deliverable. That supplier absorbs the risk of the work running long, which is why one scope can look dear as a fixed fee and cheap as a day rate.

Ask what happens to unused days. Some suppliers let them roll forward for a month and others lose them at the period end. That clause changes the effective day rate more than the headline fee.

How to compare two quotes fairly

Two bids for the same brief rarely describe the same work. Rewrite both before you weigh the numbers. Insist on like-for-like wording, or you will compare a copywriting fee with a campaign fee.

Normalise the deliverables before you compare fees

List what is produced, in what format, by when, and how many review rounds are included, then price excluded items yourself. A bid that omits video editing is not cheaper if you must buy editing separately.

The employer branding costs and budget guide for England lists the line items most often missing, so read it before you shortlist anyone.

Price review rounds and compliance work separately

Quotes hide cost in two places. Each extra review round adds days, and claims about pay, culture or flexibility can be challenged.

The ASA sanctions list records what follows when advertising falls short, so treat compliance review as paid work, not a favour. Use CIM's articles and reports to cross-check a supplier who says a longer scope is normal.

A checklist for pricing conversations

Bring these six points to any pricing meeting. Take a written brief, even a one-page one.

  • Ask which of the four models the quote uses.
  • Request the day rate and the assumed number of days, even inside a fixed fee.
  • Name the deliverables and the review rounds in the contract.
  • Agree in writing what happens if the brief changes mid-project.
  • Separate compliance review from creative production in the budget.
  • Diarise a review of the model itself, not only of the work.

Common questions

Which model is cheapest?

Day rates look cheapest at the start. They rarely stay that way, because nothing in the arrangement rewards a supplier for finishing early. An uncapped day-rate audit can cost more than a fixed fee for the same output.

Should I pay for performance?

Only where the measure sits firmly under the supplier's control or is jointly owned. Applications per vacancy are shaped by salary, location and line managers, so a large performance element can create disputes rather than results. The employer branding return on investment in England article explains how to agree the measure before any money moves.

How do I compare a retainer with a project fee?

Divide the project fee by the number of days you expect it to take, then compare that with the monthly retainer rate. If the retainer is cheaper per day but the work is intermittent, you are buying availability rather than output.

Do I need a separate compliance budget?

Yes, usually a modest one. Someone must check pay claims, imagery and testimonials against the advertising codes before anything is published.

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