Welcome Guest! The IOSH forums are a free resource to both members and non-members. Login or register to use them

Postings made by forum users are personal opinions. IOSH is not responsible for the content or accuracy of any of the information contained in forum postings. Please carefully consider any advice you receive.

Notification

Icon
Error

Options
Go to last post Go to first unread
Sharon7  
#1 Posted : 07 May 2012 21:48:50(UTC)
Rank: New forum user
Sharon7

Hi everyone Does anyone know how much a retainer fee should be for a H&S person? Sharon
rockybalboa  
#2 Posted : 08 May 2012 16:12:26(UTC)
Rank: Forum user
rockybalboa

Depends what youre doing and how often the person will be contacting you for information, if infrequent then I suggest a flat rate, more often then a flat rate breaking into a pay per consultation fee over a set amount of consults. Our dangerous goods guy is on a £250 a month retainer and that is flat rate plus unlimited any time calls to advise on dangerous goods. He also carries out a yearly DSEAR survey at our site's. The dangerous goods thing is infrequent contacts, mainly in exceptional circumstances and the yearly audits are fairly standard too, money for old rope if you ask me. Oh btw, dont price yourself too low and you may want to consider a fixed contract of 6 or 12 months running into a monthly contract after that period.
John M  
#3 Posted : 08 May 2012 17:44:32(UTC)
Rank: Super forum user
John M

Our company ensures that there are no Retainer Fees paid to any of our professional advisors including accountants, lawyers, CDM Co-ordinators, H&S bods etc. If we require their professional expertise we pay the rate for their services. None of them require retainer fees, we hire them as required. We negotiate a firm and fixed price for their services. Any consultant or other service provider peddling a retainer is dismissed without further engagement or process. Works well for us and certainly weeds out a number of the less scrupulous actors. Jon
Zyggy  
#4 Posted : 10 May 2012 09:18:22(UTC)
Rank: Super forum user
Zyggy

Jon, I have just entered the world of consultancy & my first client has actually asked me to work on a retainer basis! Whilst it might not work for your organisation, it doesn't mean that it can't for others & where is your factual evidence that anybody doing so has less scruples?? Zyggy
Heather Collins  
#5 Posted : 10 May 2012 09:50:42(UTC)
Rank: Super forum user
Heather Collins

Sharon - it's impossible to say how much it should be without knowing the size of the business and what response / service the client expects. One way to estimate is to see what you might actually be doing for the client (number of visits and so on) and base it on your daily rate. Be very careful to set out a proper contract with the client though. If they think the retainer means they can call you 24/7 and you will turn up at their premises to do absolutely anything they ask, then you need to be sure they are paying you properly!
Victor Meldrew  
#6 Posted : 10 May 2012 12:46:10(UTC)
Rank: Super forum user
Victor Meldrew

Totally agree Zyggy - 10% of my clients prefer paying me a retainer. Admitedly, they are small businesses but it works very well for both the clients and myself. The much larger companies and 'blue chip' global corporations prefer 'pay as you go' and that works for both of us as well. A bit like a Health & Safety Policy/Manual really, in business there is no 'one size fits all'.
John M  
#7 Posted : 14 May 2012 11:53:23(UTC)
Rank: Super forum user
John M

Totally agree Zyggy - 10% of my clients prefer paying me a retainer. So 90% prefer not to pay a retainer - this seems to chime with my contention. Zyggy. We sought the services of a Consultant from a well known outfit. He (the employee) had 300+ clients to provide 2 visits per year all over the UK. A 315 A4 page H&S Manual containing 99% useless material would be presented on signing up for a 3 year deal at £3K per annum . There would be two visits per year one to review and the other to audit. Each visit would be followed by a Report of his findings. He had no exposure to our industry. Take a look at the figures presented - 300+ clients from every corner of UK over a 42 week period. Factor in travelling times and preparation of Reports to establish the quality of service provided. We used consultants as required and saved our £K9. If you can persuade a punter to pay a retainer fee so be it. All I say is that it is not necessary or desirable. Jon
Users browsing this topic
Guest (2)
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.