What is a Employment Agency Agreement ?
Employment Agency Agreement is for hiring an employment agent/headhunter (i.e a recruiter who finds employees and receives commission for placing them in employment).
If you want to hire an employee or a consultant directly, you should utilise an employment agreement, a temporary employment agreement, or a consultancy agreement.
Why use a Employment Agency Agreement ?
A Employment Agency Agreement specifies the terms and conditions around the placement of a candidate in a post, as well as the agency’s remuneration for effectively delivering their services. The agreement should also spell out what happens if a recruit leaves the organisation. such an agreement is frequently signed by both the organisation looking for a candidate and the agency.
In the agreement it is critical to specify whether the agency’s remuneration will be calculated as a percentage of the starting salary or the starting package. This is especially crucial if the starting package includes administrative expenditures like as relocation and immigration fees, which should not be included in the agency’s fee calculation.
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