Re: [Image_Management] Performance based fee

Hi   Yes there is something called bonus clause wherin if we exceed beyond what was comitted clients do pay bonus amount.   Best regards Narren --- On Tue, 7/29/08, sangeeta_irani <sangeeta_irani@rediffmail.com> wrote: From: sangeeta_irani <sangeeta_irani@rediffmail.com> Subject: [Image_Management] Performance based fee To: Image_Management@yahoogroups.com Date: Tuesday, July 29, 2008, 6:50 AM The time for review of a retainer arrived and I asked for an increase for we had delivered. The client talked of performance based fee. I have checked with a few Pr friends and only one had heard of an incentive - but that was over and above the basic retainer. Has any one heard of performance based fee system only - no retainer ? If yes some questions ? What is performance ? The 250 clips and the 400 internet clips you have for the year . The qualitative articles in ET, HT ,CNBC etc How do you quatity performance - vauation of clippings, cirrus score? What if client is too small not even listed company - you know in cirrus he may not get good scores inspite of the work you have put in.And that fact that client has non-metro cities news. And just wondering if like Ekta Kapoor and Star Tv deal for Tv shows - In Pr we have basic fee and extra fee. Star TV paid if TVR's of serials increase. Except in our case what is the way we judge the work?It's not as transparent or easy. Would appreciate inputs and also gyan - is this the trend any where ? I have never ever heard of it- may just be a cost controlling measure by client ! Regards Sangeeta Irani

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