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Discover LudwigThe phrase "monthly retainer fee" is grammatically correct and commonly used in written English
It refers to a regular payment made to a service provider, typically a professional or consultant, in exchange for their ongoing services. Example: According to the contract, our company will pay a monthly retainer fee of $5,000 to the marketing agency for their services.
Exact(2)
Chanel hired the firm for occasional parties; it did not pay a monthly retainer fee.
He provided a January 2017 contract between the Justice Democrats PAC and the LLC showing that the company charged the PAC a monthly retainer fee of $60,000.
Similar(58)
Ms. Loughery said that several clients are still paying monthly retainer fees.
But other clients -- the image-conscious purveyors of luxury goods and services that paid $10,000 monthly retainer fees -- have left, including Chanel and the City Club Hotel in Manhattan.
But, I can tell you this…for startups that have begun to enter the phases around Series A into the growth phase, PR oftentimes pays dividends over and above the monthly retainer fees.
Monthly retainer fees of $15,000 for a 10-12 month campaign are not uncommon (i.e. a single school campaign contract generates $150,000 to $180,000 plus travel expenses).
There are still plenty of fee-only planners who use that model, but a growing number now offer different fee structures, including monthly or quarterly retainer fees or hourly fees that aren't based on investable assets.
That policy allows the association to control how much money it wants to spend on a particular project or transaction, spend only that amount, then move on without the burden of large monthly or yearly retainer fees.
He was paid "a small fee and a monthly retainer" by Lord Moyne's UK company, Guinness Management.
He gets compensated up front for a "normal master plan fee plus a monthly retainer for my consultancy services," Ho says.
The network will pair consumers up with planners who are willing to work on a monthly retainer and make money only from the fees they charge their customers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com