Terms and Conditions

Terms & Conditions

1.     The introduction of an applicant by us will be deemed to be an Employers acceptance of our terms and agreement to pay our fee. Employers are requested to notify us immediately if they engage an applicant introduced by us.

2.     FEES FOR THE PLACEMENT OF PERMANENT STAFF

I) 25% of gross annual salary up to £49,998

ii) 30% of gross annual salary for salaries above £49,999 - £99,999

iii) 35% of gross annual salary for salaries above £100,000

iv) 35% of annual remuneration for executive search

Fees for placement of permanent staff are calculated as a percentage of the first year's gross remuneration. This includes all that forms the gross taxable pay involving all guaranteed commission, bonuses, shift allowance and any form of retainer. In the event of guarantee or retainer for a period of less than 12 months, the fees shall be calculated on a per-rate basis as if the guarantee/retainer were for 12 months.

3.     ADVERTISED ASSIGNMENTS

Fees for placement staff will apply as above. The client is responsible for payment of all advertising cost at the agreed rates, subject to the client's particular brief. All assignment expenses directly connected with the exercise will be passed on a cost.

4.     FEE FOR EXECUTIVE SEARCH ASSIGNMENT

Fees will be calculated at the rate of 35% of total gross remuneration, payable in three instalments, and balance payable on commencement date of the successful candidate. Our rebate scale as detailed below, providing all other terms of business have been satisfied.

5.     A copy of the "Offer letter" must be forwarded to us within seven days of the offer being made to an applicant.

6.     Should the permanent engagement terminate before expiration of two weeks, upon receipt of written notification of such expiry, the fee will be refunded in full. Should a permanent engagement terminate before the expiration of ten weeks, a rebate of one tenth of the placement fee will be allowed for each complete week not actually worked, PROVIDED that the remittance for the introduction has been received within 14 days of invoice.

7.     Should any contract staff introduced by us subsequently be offered permanent contract employment, the employer will become liable to pay our fee.

8.     Should an applicant introduced to a client be passed on to a third party with a resulting permanent engagement, then the original client will become liable for the current fee.

9.     Full fee will be charged for any employee engaged as a consequence of or resulting from application to our Agency even though the introduction is made indirectly, or the applicant was known prior to introduction by the client.

10.   Should any employee of Owen Associates or any of its subsidiary companies be engaged by the client on contract, permanent or self-employed basis these terms of business apply.

11.   Applicants are introduced to Clients on the explicit understanding that if an offer is made within twelve months of the introduction, Owen Associates is informed and the current fees become payable.

12.   Whilst we make every possible effort to ensure suitability of candidates selected on behalf of Clients, we do not personally establish references and cannot accept responsibility for any loss, expense, damage or delay, however occasioned. The Client is responsible for taking up references concerning the candidate's skills, qualifications and general integrity, obtaining Work Permits and satisfying any medical requirements or qualifications as required by law. We can accept no liability of any kind for any loss or damage to property, or any other loss including without prejudice to the generality of the foregoing, loss of profits of the foregoing or for any injury to persons arising directly or indirectly from any act or omission of candidates introduced by us, if such act or omission is negligent or fraudulent or reveals dishonesty.

13.   All invoices must be paid within 14 days. We reserve the right to charge 2% interest per month on all overdue accounts.

14.   These terms and conditions apply to applicants employed directly by the company or on a self- employed basis for a permanent position or specific project.

15.   The customer acknowledges that they have read the agreement, understood it and agree to be bound by its terms and conditions.

16.   These terms supersede any other previous terms of business on any of the agreed terms.