Hi Seniors,
Please find agreement copy
This Agreement shall be effective from 20th August, 2012 and valid for a period of one year from commencement.
NOW the parties have mutually agreed and record as under:
1. For all recruitments at Junior & middle level with 0-8 yrs. experience, Engineering Consultant would charge at 4.17% of the annual CTC of the candidate placed.
2. For all recruitments at senior level with 8+yrs. experience, Engineering Consultant would charge at 8.33% of the annual CTC of the candidate placed.
3. Prior to any offer made to a candidate, Engineering Consultant will undertake a reference check, if required, to verify facts submitted by the candidate.
4. In accepting Curriculum Vitae, it is agreed that all information about the candidate will be treated as confidential and there’s no independent background checking will be done without Engineering Consultant notice.
5. That in the event of a referred candidate leaving the employment under the Employer before expiry of 3 months from the date of joining, a free replacement (only one time) would be provided to the Employer. Leaving would not include termination.
6. That a candidate referred to the Employer not appointed immediately or rejected but appointed subsequently within Six month of the interview by the Employer shall be deemed as appointed under this Agreement and all terms of this Agreement shall apply accordingly.
7. We will raise invoice within 7 days after joining of the candidate and Payment is to be made to Engineering Consultant within 30 days of the appointment of the candidate. Payment is to be made by an A/C Payee cheque or by demand draft favoring Engineering Consultant. Within 30 days.
8. That any modification or amendment to this agreement shall not be valid unless made in writing by both the parties.