Terms & Conditions - Split Fee Recruitment
Process
Please review our terms and conditions before proceeding
UNDERTAKING OF RECRUITER
Recruiter / Agencyagrees to use its best efforts in an attempt to find a suitable Candidate for a Job Order with iBovi Staffing.This includes thefollowing types of positions: Direct Hire, Temp-to-Hire, Consultants, and other business ventures.
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CONFIDENTIALITY
Recruiter / Agencyand IBovi Staffingeach agree to keep all submissions of Job Orders and Resumes submitted by one to the other confidential.
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SHARING OF FEES RECEIVED
In the event that Recruiter / Agencysubmits a Candidate to iBovi Staffingand that Candidate is hired as a result of a Job Order belonging to iBovi Staffing, then Recruiter / Agencyshall be entitled to a fee payable by iBovi Staffingfor the pre-agreed amount.
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RECRUITMENT PERIOD
Payment of Split fee under this Agreement are due based on the warranty period between iBovi Staffing and the End Client. The warranty period ranges from 60 days – 120 days from the date of hire.
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All Job Order and Candidate Resume information shared under this agreement will be considered “confidential”. Recruiter / Agency can NOT directly contact the hired employee or the client of iBovi Staffing for 12 months from the date of hire.
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Both parties shall share responsibility equally for any issues related to the warranty and/or replacement policies in place with end client. In the event of a fall-off where the fee must be returned to the client, Recruiter / Agency supplying the candidate will immediately return their portion of the collected fee to iBovi Staffing who made the placement for reimbursement to the client. This applies if the check was sent out before the warranty period is up.
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OTHER TERMS
Either party upon written notice to the other party may terminate this agreement at any time. However, placement fees resulting from candidates supplied by one part to the other before the termination of this agreement will be split between the two parties as if such termination had not occurred. Should either party cancel this agreement, both parties agree to honor the term of this agreement related to candidates, clients and job orders for a period of one year from date of termination.
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IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their authorized representatives on the day and date first above written. The Recruiter / Agency has read, understands, and agrees to the terms and conditions herein.