Permanent Placement Sample Clauses

The Permanent Placement clause defines the terms under which a candidate is hired by a client for a long-term or indefinite position through a staffing or recruitment agency. Typically, this clause outlines the agency's fee structure, payment terms, and any guarantees or refund policies if the placement does not work out within a specified period. Its core practical function is to clearly establish the financial and procedural expectations for both the agency and the client, ensuring transparency and reducing disputes regarding permanent hires.
POPULAR SAMPLE Copied 1 times
Permanent Placement. In event Client would like to hire a employee of Contractor from Temp to hire: The temp to hire term placement is billed as a flat fee of $29,500 at anytime the professional is an employee or subcontractor of ProNation Healthcare Staffing Inc.
View Source
Permanent Placement. Upon Client’s request TES will identify, qualify, and interview individuals pursuant to Client‐ specified job description for Client’s direct hire opportunities. If Client hires such individual, Client will be billed in the next billing cycle a fee equal to the greater of USD $18,750 or 35% of such individual’s annual base salary calculated on a 40‐hour work week. Such fee shall be due and payable under the terms and conditions of this Agreement.
View SourceView Similar (2)
Permanent Placement. Employees who have suffered a permanent work- related accepted and paid for by the and who are medically fit to perform work may be placed as follows:
View SourceView Similar (2)
Permanent Placement. For all full-time direct hires, CLIENT agrees to pay a placement fee to GTS in the amount of fifteen percent (15%) of the candidate’s starting annual salary. CLIENT will be obligated to pay such fee whenever 1. A candidate presented to CLIENT for consideration by GTS is hired for any position, as an employee, by CLIENT within 12 months of the most recent activity on behalf of that candidate by GTS, or 2. A candidate presented to CLIENT for consideration by GTS is referred by CLIENT to another employer or recruiting firm and the candidate is hired for any position, as an employee within 12 months of the most recent activity on behalf of that candidate by GTS. In addition to any fees, CLIENT agrees to pay all reasonable CLIENT preapproved expenses incurred by GTS related to the performance of its services under this Agreement.
View Source
Permanent Placement. This section applies to permanent placements only. a. DESCRIPTION OF PERMANENT RECRUITMENT SERVICES. AMX will use commercially reasonable efforts to recruit qualified Candidates as requested by Client. If Client hires a Candidate presented to Client by AMX, Client will pay AMX a recruiting fee up to 25% of Candidate's annual salary during the first year of employment. Each month, up to a maximum 12 months, a payment of 25% of the Candidate monthly paid salary shall be made to AMX within thirty (30) days of invoicing thereof by AMX. If AMX is the first staffing provider to submit Candidate to Client for consideration, Client will accept that Candidate for employment exclusively through AMX for a period of one (1) year following an introduction from AMX, which obligation shall, notwithstanding anything in the Agreement to the contrary, survive any termination or expiration of the Agreement. Hired Candidates will be the permanent employees of Client. Client will be solely responsible for all credentialing, insurance, benefits, tax withholdings and all other functions customarily required of employers in Client's industry with respect to Candidates. All permanent placements will always be invoiced directly by AMX.
View Source
Permanent Placement. A 25% placement fee shall be earned by Provider when a candidate referred by Provider is subsequently employed by Client within six (6) months of the first presentation of such candidate. Provider offers a 60 day permanent placement guarantee based on the following terms: 1. If within 60 days of placement, the candidate should be terminated for performance reasons or should voluntarily resign from the position, Client may request and receive a replacement at no additional cost. (Terminations due to position elimination or economic downsizing do not qualify for the guarantee). 2. Once the replacement request has been received, if after thirty (30) days, Provider is unable to provide a qualified replacement, and the Client requests for the replacement search to stop, Provider will offer a daily pro-rated refund of up to 75% of the initial fee. 3. This guarantee is valid only if payment is received in accordance with our payment terms in Section 4 of the Agreement. If payment is not received within that time frame, the guarantee will not apply and the fee will remain payable in full.
View Source
Permanent Placement. After the completion of 350 billable hours of contract assignments with APS, APS may hire Contractor personnel as an APS employee at no fee to APS. If APS elects to hire Contractor personnel prior to the completion of 350 billable hours of contract assignments with APS, APS will pay Contractor according to the following schedule. 1 – 125 15% of starting annual salary 126 – 250 10% of starting annual salary 251 – 350 5% of starting annual salary 351 or more $0 Any Conversion Fees paid by APS are subject to the following refund schedule for any Contractor personnel who leaves APS’ employment for any reason with or without cause, voluntarily or otherwise. 0 – 90 days 100% of the Conversion Fee 91 – 120 days 75% of the Conversion Fee 121 – 180 days 50% of the Conversion Fee 181 days or later No refund
View Source

Related to Permanent Placement

  • Step Placement When a reclassification action occurs, the justification for the action taken shall be provided in writing to the affected employee or employees. When an employee is reclassified to a position having a higher maximum regular base hourly rate, the employee’s pay shall be increased to the pay step amount which is at least, and closest to, 3 percent higher than the pay they received prior to the reclassification. When an employee is reclassified to a position having the same maximum regular base hourly rate, the employee’s pay step amount shall remain the same. When an employee is reclassified to a position having a lower maximum regular base hourly rate, the employee’s pay shall be decreased to the pay step amount closest to their present regular base hourly rate. However, when the employee’s regular base hourly rate of pay, prior to the reclassification, is greater than step 9 of the newly assigned pay grade, the employee’s regular base hourly rate of pay shall be frozen as of the date of the reclassification. The employee’s regular base hourly rate shall remain frozen until such time as step 9 of the pay grade assigned to the employee’s classification is equal to or greater than the employee’s frozen rate of pay. When that occurs, the employee shall be placed into step 9 of the new pay grade assigned to the employee’s classification. When a reclassification occurs in a multi-incumbent classification and incumbents compete for the classification, the salary placement shall be administered in the same manner as a promotion in Article 13, Section 3.

  • Order Placement To place orders for the Trustee to create or redeem one or more Baskets, Authorized Participants must follow the procedures for creation and redemption referred to in Section 3 of this Agreement and the procedures described in Attachment A hereto (the “Procedures”), as each may be amended, modified or supplemented from time to time.

  • Private Placement Assuming the accuracy of the Purchasers’ representations and warranties set forth in Section 3.2, no registration under the Securities Act is required for the offer and sale of the Securities by the Company to the Purchasers as contemplated hereby. The issuance and sale of the Securities hereunder does not contravene the rules and regulations of the Trading Market.

  • Scope and Order Placement These terms may be used by Customer either for a single Order or as a framework for multiple Orders. In addition, these terms may be used on a global basis by the parties’ “Affiliates”, meaning any entity controlled by, controlling, or under common control with a party. The parties can confirm their agreement to these terms either by signature where indicated at the end or by referencing these terms on Orders. Affiliates participate under these terms by placing orders which specify product or service delivery in the same country as the HP Affiliate accepting the Order, referencing these terms, and specifying any additional terms or amendments to reflect local law or business practices.

  • Required Filings Relating to Placement of Placement Shares The Company agrees that on such dates as the Securities Act shall require, the Company will (i) file a prospectus supplement with the Commission under the applicable paragraph of Rule 424(b) under the Securities Act (each and every filing under Rule 424(b), a “Filing Date”), which prospectus supplement will set forth, within the relevant period, the amount of Placement Shares sold through ▇▇▇▇▇, the Net Proceeds to the Company and the compensation payable by the Company to ▇▇▇▇▇ with respect to such Placement Shares, and (ii) deliver such number of copies of each such prospectus supplement to each exchange or market on which such sales were effected as may be required by the rules or regulations of such exchange or market.