TEMP to PERM conversion Sample Clauses

TEMP to PERM conversion. If CLIENT elects to hire an Execu|Search temporary staff, CLIENT agrees to pay Execu|Search a “temp to perm” conversion fee according to the below scale: All outstanding temporary service invoices for the employee must be paid in full before the hire can be made. “Temp to Perm” placements are not guaranteed. Hours of Service Conversion Fee 1-180 hours 30% of the Temporary Staff’s first year salary/ hourly rate multiplied by 2,080 hours worked 181-360 hours 25% of the Temporary Staff’s first year salary/ hourly rate multiplied by 2,080 hours worked 361-540 hours 20% of the Temporary Staff’s first year salary/ hourly rate multiplied by 2,080 hours worked 540 + hours 15% of the Temporary Staff’s first year salary/ hourly rate multiplied by 2,080 hours worked
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