Starting a Recruitment Consultancy in Mumbai: Do I Need Naukri or Quikr, and How Do Clawback Periods Work?

I have a few doubts regarding the Recruitment Consultancy. I want to start my own consultancy in Andheri, Mumbai. I want to know whether a Naukri/Monster login is required or if Quikr.com is sufficient.

I also want to know if companies pay only when the candidate completes 90 days, or if they require a replacement and that's it. For example, if I am recruiting a candidate in a BPO, and he works for 70 days and then leaves the company. If I have a clawback period of 90 days, does the company need a replacement for the remaining 20 days or for the full 90 days?

Kindly help me out.

What about the replacement period? Are companies paying only when the candidate completes 90 days, or do they want a replacement and that's it?

Suppose I am recruiting a candidate in a BPO. If he works for 70 days and then leaves the company, what happens if I have a clawback period of 90 days? Does the company need a replacement for the remaining 20 days or for the full 90 days?

The 90 days that you are talking about is the "minimum period" that the candidate sourced through you needs to stay with your client's company for the charges that they would have paid to you. You can call it a "free replacement period." If your candidate leaves the company before completing 90 days, you need to provide a suitable replacement (for the same position) within a suitable period free of cost or else adjust the same amount (if the company has already paid you) by filling some other positions for your client company.

To avoid these issues, some companies make the payment condition of 90 days with the recruitment consultancy firm, whereby they release the payment to the consultancy firm within a week after the candidate has completed 90 days with them. I hope your confusion is cleared.

Cheers,
A.B.