-
7/29/2019 Recruitment Agreement - RedPine Consulting
1/3
Agreement for Manpower Supply
Date: ................................
Mr/Ms................................
Subject: Manpower Recruitment Agreement
Dear Sir,
Further to our Telephonic Communication on the above subject,
please findherewith the detailed Agreement for empanelling us with
you.
We would request you to sign the referred agreement and send the
original back tous for our records. Please keep a photocopy for
your records.
Regards,
For RedPine Consulting
Address: G-15, Pushkar Enclave, PaschimVihar, New Delhi -
110063Contact Number: +91-9873352989 | [email protected]
-
7/29/2019 Recruitment Agreement - RedPine Consulting
2/3
This Agreement is made between __________________
__________________________,India and RedPine Consulting.
BOTH PARTIES HEREBY AGREE AS FOLLOWS:
Effective Date
This Agreement shall be effectivefrom
.............................................................................,
Termination
Both the parties can terminate for convenience this Agreement,
at any time for anyreason upon written notice of one month to the
other parties upon payment ofservices rendered till such date and
other amount due.
Scope of Services
Based on the requirements of the Company for various positions,
the Agency willidentify appropriate persons through either any one
or a combination of meanssuch as external advertising, in house
search of existing data bank andheadhunting. After in house
assessments of the relevant skills and interviews, theAgency will
send resumes of short listed appropriate candidates to the Company
fortheir review. Based on the Companys input, the Agency would
arrange for
interviews with Companys personnel.
To facilitate above the Company will: -
For all positions, define and provide the Agency, recruitment
criterion for each ofthe job family
Designate an Executive who would be a person of authority, to
facilitate day-to-day coordination
Provide a days induction to the Agency team designated to the
account, toobserve the interviews and understand the job/ process
requirements
Allocate one day of the week, for a detailed feedback on the
candidatesforwarded by the Agency to the Company during that
week
Provide the Agency a quarterly rolling plan of their staffing
requirements, alongwith the job specifications at the beginning of
every month
Inform the Agency of any duplication of candidates through any
other source incompanys database within two days of receipt of the
candidature
Professional Fee
Upon selection of the candidate recommended by the Agency, the
Company willpay the Agency for the services rendered along terms as
follows:
Address: G-15, Pushkar Enclave, PaschimVihar, New Delhi -
110063Contact Number: +91-9873352989 | [email protected]
-
7/29/2019 Recruitment Agreement - RedPine Consulting
3/3
1. Sourcing fee for Operational /Executive level position
personnel 8.33% +12.36% service tax of the annual total of monthly
cost to company
2.Sourcing fee for Managerial level position personnel 10% +
12.36% services taxof the annual total of monthly cost to
company
3.Sourcing fee for senior manager and above level position
personnel 12% +12.36% service tax of the annual total of monthly
cost to company
TERMS & CONDITIONS:
a) Gross Annual compensation would cover the employees total
cost to companyincluding Basic, HRA/CLA, Fixed Allowances, LTA,
Medical, Car relatedreimbursements, Retirals, Assured Performance
Bonus. It would not include anycomponent of a Variable nature such
as Company Bonus/Ex-gratia and VariablePerformance Incentives that
may be decided by the management from time totime.
b) Taxes and levies if any, shall be charged extra
c) On selection, the Company must give the Agency a complete
breakup of thecompensation offered to enable the Agency to bill the
Company. (Agency shall keepthe CTC details in strict
confidence)
d) In case some of the profiles are not short listed, the
Company will inform theAgency of the same
e) All payments are to be made within 30 days of the Agency
raising the invoiceafter the candidate joins the company
e) All requisitions and requests and other work related
communication from thecompany would be in writing.
f) Unless otherwise agreed in writing, the company will not hire
or solicit theemployment of the agencies personnel without mutual
consent during the period ofagreement and six months thereafter for
themselves.
g) In case of breach of above (pt.( f)) the company would be
liable to pay theagency three months cost to company of the
proposed candidate to the agency.
h) In case any employee recruited through the Agency leaves the
Company within 3month of having been recruited, the Agency shall
then recruit a new employee tofill such a position and for the
same, the Agency shall incur the complete cost ofsuch
recruitment.
Confidentiality
Both the agency and the company shall at all-time will keep the
informationprovided by each other in complete confidence.
Authorized Signatory
Name: ___________
Date: ____________
Place:____________
Address: G-15, Pushkar Enclave, PaschimVihar, New Delhi -
110063Contact Number: +91-9873352989 | [email protected]
