HR Outsourcing - Human Ressource Recruitment

By: Execute Technologies  09-12-2011

Over the years, Executive 2000 Institute recruitment services have successfully completed unlimited high calibre search assignments with some of Canada’s leading organizations. What makes Executive 2000 Institute so unique is that:

Special contract arrangements are available on request. All non-standard terms and conditions must be approved in writing by both parties prior to date of hire.

Fees for placements are based on a percentage of the successful candidate’s total annual compensation, including base salary, bonus potential, commissions, car allowances and other benefits according to the table below:

Annual Income Rate

  • $14,999 or below – 15%
  • $15,000—19,999 – 20%
  • $20,000—29,999 – 25%
  • $30,000 or more – 29%

Terms and Referral Policy

The client is obliged to pay a permanent placement fee for any candidates presented by our firm who is employed within twenty-four (24) months of the date of referral, in any position within the client company, its affiliated divisions, subsidiaries or associated companies. Similarly, a fee is payable if our candidate is employed in any position in any other organization to which the client may refer the candidate during the said twenty-four month period.

Guarantee Policy

All permanent placements are covered by the following refund or credit policies unless otherwise arranged and authorized in writing prior to the date of hire

30 Calendar Days

If employment is terminated within 30 calendar days from the starting date of employment, a credit of 75% of the original placement fee may be applied toward the cost of a new replacement.

60 Calendar Days

For permanent placements that extend beyond 30 calendar days from the starting date of employment, but terminate within 60 days, a credit of 50% of the original placement fee may be applied toward the cost of a new replacement.

90 Calendar Days

For permanent placements that extend beyond 60 calendar days from the starting date of employment, but terminate within 90 days, a credit of 25% of the original placement fee may be applied toward the cost of a new replacement.

120 Calendar Days

For permanent placements that extend beyond 90 calendar days from the starting date of employment, but terminate within 120 days, a credit of 25% of the original placement fee may be applied toward the cost of a new replacement. For permanent placements that terminate beyond 120 calendar days from the starting date of employment, no credit will be applied unless a special guarantee policy was authorized at or prior to the time of original hire.

Validation of Guarantee

The invoice must be paid in full within ten days of the invoice/start date.
The client must give notice in writing to our firm detailing full particulars regarding termination of employment.
The guarantee does not cover terminations arising from work shortages, layoffs, or employee/employer relocation.

The information in this article was current at 06 Dec 2011


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