When you employ a candidate we refer to you, our standard placement fee will be 25% of the anticipated annual gross remuneration package (“cost to company” or CTC), payable within one week of the candidate joining. The charges we refer to are all exclusive of VAT.
It is important for us that you are as committed to the process as we are, so we require a retainer of 15% of our anticipated fee, payable at the start of the assignment. This amount is deducted from the final fee due upon placement of the successful candidate.
Should a candidate referred by us be employed by you within 18 months of the initial referral, AfricaSearch will still be considered the effective cause of that referral, and our placement fee will apply.
Guarantee period: Should the employment be terminated within 90 days by either party because of an absence of suitability or compatibility, we will seek a new candidate if you wish. Alternatively we will credit your account with us (in proportion to the time during which the person was in your employ) to be worked off against future recruitment assignments.