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Assessment Inc.
| Profile Sections: |
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Printable PDFPricing
1. Overview of Pricing Model
- Please describe your general pricing model (i.e., price ranges per assessment, cost for consulting services, licensing fees, start up costs, etc).
- Our model is totally contingent upon the situation. Our customization philosophy requires start up fees. Once up and running we offer a variety of models for licensing fees most of which are based on volume. We also offer a performance promise as part of our pricing. This means that if the client does not realize an agreed upon level of ROI, we will adjust our price downward.
Specific Pricing Elements
This vendor utilizes the following types of fees:
- Start up Fees
- Consulting Service Fees
- License Fees
- License Fees Based on Company Size
- Volume-Based License Fees
- Per Assessment Fees
- Pay for Performance Model
2. Cost Estimates
Guidelines to help consumers better understand this vendor's pricing model.
Overall Pricing Level
- High End Solutions
- Our products and services are likely to cost more than other competitors but deliver a much greater level of effectiveness and value
- Moderate
- Our products and services are priced in the middle of the range
- Inexpensive
- Our products and services are less expensive than most
- Wide range
- We offer a range of products that meet many different price point
3. Pricing Specifics
- At a minimum, how much should clients budget for using your assessment tools or services?
- Our start up fees begin at about $10,000. Most of our clients typically budget about $100,000 per job but this figure varies greatly due to hiring volume and other factors.
- What are the major factors that impact the costs of your tools and services?
- The level of customization required and the volume of applicants flowing through the system.
- Does your company support and encourage the use of its assessments by third party resellers (e.g. allowing independent consulting companies to use your assessments with their clients)?
- Yes and No. We do allow other companies to resell our products but we do not allow individuals to do so. We feel that individuals cannot offer the level of service required to support our products at the level required to ensure they return value to the client.
Estimate of Price Points Based on Volume of Usage
| ASSESSMENTS/YEAR | PRICE |
|---|---|
| 100 | $50 |
| 1000 | $45 |
| 10,000 | $30 |
| > 10,000 | $20 |