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Recruiting
Agreement
| Between
Consultant: |
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Campion Services, Inc. (DBA: Campion Recruiting
Services) |
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Campion Recruiting Services
220 South Street, Suite 203
West Lafayette
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Indiana
47906
765-743-8576 (voice)
765-743-8578 (fax) |
| And Organization: |
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Org Name: |
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Phone: |
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Address: |
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Fax: |
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Org Representative: |
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Let this letter serve as an agreement
between the above parties for the purpose of the consultant providing
recruiting services to the organization.
The conditions of this agreement are listed below.
| 1. |
The fee is 25% of the new hire’s first year gross compensation, including a reasonable estimate of any commissions, yearly bonuses, signing bonuses, and other incentives, as indicated in the offer letter to the candidate or as agreed upon at the time the search assignment is initiated. The fee is on a contingency basis and only paid if a candidate is hired. (For organizations that have policies not to pay on bonuses, the fee can be 30% of base only, if agreed upon at the time the contract is signed.) |
| 2. |
There is a
$5,000 nonrefundable initiation fee to cover the administrative
costs of conducting the search. If a placement is made, this fee
will be applied to the 25% fee described above. The search will
continue for 6 months or until a placement is made, whichever
comes first. |
| 3. |
Should the
organization hire a candidate on a part-time or contract basis
(instead of on a full-time basis), the fee shall be 25% of the
first two year's total candidate billable hours (or other fee
basis). This applies for two years for all projects or services
from the start of the first project or service conducted by the
candidate for the organization. The calculation of fees excludes
normal expenses incurred by the candidate in the course of the
project(s) (e.g., travel, phone, supplies, postage, etc.). |
| 4. |
The
organization will notify the consultant within 10 days of the
acceptance of a job offer. An invoice will then be sent to the
organization, and payment is due within 30 days. |
| 5. |
If a new
hire quits the organization or is terminated for cause (not
reduction in force) within 180 days, then 50% of the fee will be
refunded (excluding initiation fee), or a new search will be conducted for 50% of the normal
fee (50% of 25%). |
| 6. |
At the
beginning of the search, the organization will inform the
consultant of any candidates currently being considered. This will
avoid recruiting candidates that are already identified, and will
clarify which candidates are identified through the search. |
| 7. |
A recruited
candidate is defined as either someone referred by us or someone
who contacts the organization directly as a result of us making
the candidate aware of the position. |
| 8. |
The fee is payable
if a recruited candidate is hired by the organization for any position
within 2 years of the end of the search |
| 9. |
This
agreement is fulfilled when an offer for employment is made and
accepted. |
| 10. |
Because a
search involves substantial effort and expense on the part of the
consultant, it is expected that the organization will: (a) give
the candidates full consideration, including at least a phone
interview with each referred candidate, (b) make hiring decisions
in a timely manner (e.g., month or so), and (c) give the
consultant specific and detailed feedback on unsuccessful
candidates so that the search can be refined. |
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