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CONTINGENCY
BASED SERVICE AND FEE POLICY
recruiting/staffing firm name
here
, provides search and
placement recruitment services to the
industry
served by search firm here industry. Our
services include providing the Client Company, (hereafter known as
the “Client”) with information concerning applicants whom you agree
to consider for employment with your company. The applicants we
present are obtained as a result of
recruiting/staffing
firm name here reputation,
recruiting partners, and effective recruiting tools. Client agrees
to keep confidential the identities and related information
concerning applicants presented by
recruiting/staffing
firm name here to use the
information solely for the purpose of Client’s consideration of
these applicants.
CONTINGENCY
RECRUITMENT
It is understood by the Client that our recruiters work on
retained, engagement, and contingency basis and as
such a contingency search job order is worked on a
"time/resource available" basis. Each order must be balanced against all the other
orders currently available to the Recruiter.
Because the relationship is nonexclusive, the applicants surfaced can be and will
be presented to more than one Client. The Client has determined
a contingency-based search is acceptable either because the open
position(s) is not a high priority to the organization or the
timing for hiring is not critical. The fee for our services is earned if a
applicant is hired, directly or indirectly on a permanent basis or on a
contract or consulting basis by the Client or any of its affiliates,
as a result of our efforts within one year
of the date applicant(s) are submitted to the Client. The
fee is also earned in the event the
Client refers the applicant to another company who hires
the applicant or sources and hires a reference supplied
by applicant or recruiting/staffing
firm name here. The fee is contingent on the hire, not the referral and is
payable if the applicant is hired within one year of the last
referral.
WARRANTY/COST
If the employee
voluntarily leaves, or is discharged by the Client within 60 days
from the date employment or contract work commences for reasons
other than corporate restructure, recruiting/staffing
firm name here
will make every effort to provide a suitable
replacement applicant within 30 days. Warranty is contingent upon
the Client paying full fee in accordance with the net terms of this
contract. It is further understood that
recruiting/staffing
firm name here does not guarantee the
performance of applicants.
FEE SCHEDULE
Our placement fee
for position(s) on a contingency basis is 25% (Twenty Five Percent)
of the first year’s total cash compensation (excluding sales
positions which are based on total base salary plus 50% of estimated
1st year’s commissions) or minimum total contract compensation
(excluding per diems), as agreed upon at the time of hiring as
accepted by the applicant, Client, and recruiting/staffing
firm name here. The first year’s total compensation can only be
confirmed after the employer has made a specific offer in writing by
fax, postal mail, or authorized email transmission; and the
applicant has accepted, and signed the offer of employment letter.
TERMS AND PROCEDURE
recruiting/staffing
firm name here will contact both the Client and the applicant
to review the conditions of employment or contract work when a bona
fide offer of employment or contract has been tendered and accepted.
recruiting/staffing
firm name here will confirm the specific placement fee
based on salary and/or hourly and/or draw and commissions (if
applicable). The Client must fax a copy of the signed offer letter
immediately to recruiting/staffing firm name here
upon receiving
a signed acceptance of the offer from the applicant. The Client will
be invoiced for the placement when it has been determined by recruiting/staffing
firm name here that the offer has been tendered and accepted.
Terms are net fifteen (15) days from the applicant’s start date.
Invoices that are not paid in full by the due date are subject to a
late fee charge of 1.5% per month (18% per year) on the unpaid
balance until paid. In the event a third party is required for
collection of a debt, recruiting/staffing
firm name here will be entitled to
collection, court costs and reasonable attorney fees in the state
where the placement occurred.
AGREEMENT
Acceptance of
referred applicants constitutes approval of the above Fee Policy
Provisions with or without signatures on this document.
| Recruiting
Company |
| ____________________________________________ |
| Executive recruiter's
Signature
|
| ____________________________________________ |
| Executive recruiter's
Title
|
| ____________________________________________ |
| Date |
| ____________________________________________ |
| Client
Company |
| ____________________________________________ |
| Clients Accounts Payable Contact
Name
|
| ____________________________________________ |
| Title |
| ____________________________________________ |
| Phone |
| ____________________________________________ |
| Fax |
| ____________________________________________ |
| Email |
| ____________________________________________ |
| Address |
| ____________________________________________ |
Site Map
© Copyright 2006, BlackDog Recruiting Software Inc.
PO Box 3004 Crested Butte, Colorado, 81224
Contact us: go4recruitingsoftware@go4.bz
Phone: 970 349 0364
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