Dear Aarti,
It differs from agency to agency usually 8.33 is preferred by both employer and client.8.33 % is a magic figure its equivalent to one months gross salary.If placement is done for Executive position some times it varies from 10-12% of gross annual salary,usually all employers seek afree placement of candidate if the candidate leaves the organization with in 6 months.
If you wants recruitment to be done in African countries like Nigeria,Morocco usually agencies charge some amount to be deposited as an initial deposit so that if at any point of time if the recruitment is cancelled the amount is not refunded(getting the price for the work---in other sense).If the recruitment is done this amount is adjusted with final payment.
They payment of amount is usually done within 30-45 days by employer after receving the invoice (some times only after 45-60 days after candidate joins the org)
To cut the story short It all depends on org policy
Suresh
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