RATES AND TERMS OF BUSINESS FOR THE INTRODUCTION OF PERMANENT STAFF
Scale of fees:
* special rates apply for PSL status.
10% total remuneration to £24,999
15% total remuneration from £25,000 to £49,999
20% total remuneration of £50,000 to £99,999
25% total remuneration of £100,000 and above
The Agent will seek to introduce a free replacement. If the Agent is not able to provide one within 3 months, the Client will receive a repayment calculated as a proportion of the introduction fee net of VAT. 10% of the fee relating to a candidate introduced by the Agent shall be refunded for every week of the 10 weeks that the candidate was not in the Client’s employment.
Fees and costs for executive search assignments will be detailed in a separate assignment proposal following a full briefing between the agent and the Client. All other terms detailed here will apply to retained work unless excluded or varied in the assignment proposal.
Where a candidate, previously employed through the Agent on a temporary or contract basis, is offered a permanent position then the full fee as calculated under Clause 6 above is due. When a candidate employed on a temporary basis continues to be employed for a period greater than 12 months, the Agent will charge the Client on a continual basis unless otherwise agreed in writing.
Valued Added Tax will be charged on the fee payable by the Client to the Agent at the applicable rate.