TALENT MANAGEMENT SERVICES
Adress
Contact No, Email: [Login to view]
Dear Sir,
Talent Management Services would like to empanel itself and provide exclusive staffing and other HR solutions to your organization, as per its requirements from time to time, on terms and conditions given below:
· You shall pay Talent Management Services Professional Fees for each assignment.
· Our Consulting fee is equivalent to 8.33% of annual Cost to Co. (CTC) for placement work.
· The term CTC would mean the sum total of all salary components as given in the Appointment letter and will also include retirement benefits, if any.
· In cases where exact amount of perk value is not made available, notional values shall be considered.
· Outstation candidate/s called for interview by you will be reimbursed boarding & lodging and any other out – of – pocket expenses upon production of bills.
· All CVs sent to you remain the property of Talent Management Services for a period of 12 months from the date sent. In case, for any reason, a candidate is rejected for the referred position, but is selected for another position during those twelve months, full Professional Fees shall be payable to Talent Management Services.
· To enable billing, CTC details of the selected candidates shall be sent to us within 3 days.
· Professional Fees shall become payable immediately on joining of the selected candidates, shall be settled maximum within 30 days of
TALENT MANAGEMENT SERVICES
joining. Payment shall be made by cheque payable at New Delhi/ Gurgaon.
· Service Tax, currently at 12.24%, and any other levies & taxes as imposed by the Govt. authorities from time to time shall be applicable and payable by you.
· TDS Certificate shall accompany all payments made to us.
Replacement: In case a candidate placed by us leaves your employment within 90 days of joining, then we shall provide a panel of candidates to select a replacement, for which no Professional fees would be payable to us.
During the course of performance under this Agreement, Talent Management Services may have access to information pertaining to your organization or its related companies/ firms past, present, or future research, development, or business activities and any proprietary products, materials services, or technical knowledge or is identified as confidential by citation. In connection therewith:
· The Confidential Information would be used by Talent Management Services only to assist your organization in hiring and related HR services.
· Talent Management Services shall protect the confidentiality of the Confidential Information in the same manner that it would protect its own Confidential Information of like kind.
· Talent Management Services agrees that it will not hire or solicit for employment any employees from your organization during the term of this Agreement.
TALENT MANAGEMENT SERVICES
C4A-96 & 113 Carlton Estate DLF Phase – V, GURGAON – 122001, (HARYANA) INDIA
Off: 0124-6416498, 4377704, Fax: 0124-4377705 Email: [Login to view]
· The duplicate copy of this may kindly be signed as a token of having accepted the terms and conditions mentioned hereinabove.
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Agreed & Accepted KARAN ANAND (Director)
Talent Management Services