Toto, I Have A Feeling We’re Not In The State That Paid TFA A Finder’s Fee Of $90K Per Recruit Anymore
A few days ago I wrote about how Texas pays TFA $5.5 million for 400 recruits, or about $15,000 per recruit. Yesterday I wrote about how Ohio paid $2 million to TFA for 100 recruits, or about $20,000 per recruit. As TFA is in about 40 states, I wondered what state is paying the highest amount per recruit. I got a tip today for one that I think cannot be beat.
The state of Kansas paid TFA $270,000 for a total of 3 recruits. First they had a $520,000 contract for 12 recruits which would be about $40,000 per recruit. But when TFA only delivered 3 recruits, they had to give back $250,000. As a result, they ended up paying TFA a staggering $90,000 per recruit.
TFA says that this was an investment for them to start placing corps members into a new region and they needed the money for training and to pay a staff member to go around and observe the new recruits. With the $300 million TFA has, though, they should bear the risk and burden of the overhead in entering a new region. And they should pay their own staff member.
And how is it possible that they were not able to deliver the 12 recruits that were originally promised? When people sign up for TFA, they do select preferences, but they are also told that they must be flexible and go where they are most needed. How TFA could not have CONTINUE READING: Toto, I Have A Feeling We’re Not In The State That Paid TFA A Finder’s Fee Of $90K Per Recruit Anymore | Gary Rubinstein's Blog