tiktok³ÉÈË°æ

The Placement Fee Agreement is essential for Australian businesses engaging recruitment agencies to source and place candidates. This document establishes the commercial relationship between recruitment agencies and their clients, detailing service scope, fee structures, and mutual obligations. It is designed to comply with Australian employment law, privacy regulations, and consumer protection legislation. The agreement typically includes provisions for permanent placements, guarantee periods, replacement candidates, and payment terms. It's particularly important for protecting both parties' interests in the recruitment process and ensuring clarity around financial obligations and service expectations. The document should be reviewed by legal counsel to ensure compliance with current Australian legislation and state-specific requirements.

1. Parties: Identifies the recruitment agency and the client company, including their full legal names, ABN/ACN, and registered addresses

2. Background: Establishes the context of the agreement, stating that the agency provides recruitment services and the client wishes to engage these services

3. Definitions: Defines key terms used throughout the agreement, including 'Candidate', 'Placement', 'Placement Fee', 'Successful Placement', etc.

4. Services: Details the recruitment and placement services to be provided by the agency

5. Fee Structure: Outlines the basis for calculating placement fees, including percentage of annual salary or fixed fees

6. Payment Terms: Specifies payment timeframes, invoicing procedures, and late payment consequences

7. Guarantee Period: Defines the period during which replacement candidates will be provided if initial placement fails

8. Agency Obligations: Lists the agency's responsibilities in candidate screening, presentation, and placement process

9. Client Obligations: Specifies client's responsibilities including providing accurate job descriptions and timely feedback

10. Confidentiality: Addresses the handling of confidential information exchanged during the recruitment process

11. Term and Termination: Specifies the duration of the agreement and circumstances for termination

12. General Provisions: Includes standard legal clauses such as governing law, notices, and entire agreement