Services Terms of business
Terms and conditions of business for Part and Company Ltd
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Part and Company effects the introductions between employers and potential employees. These terms apply to such services of introduction provided by Part and Company will apply unless a variation is agreed by a director.
Fees: Fees are charged for each introduction of an employee and are calculated as a percentage of the projected total remuneration in the first year of employment. The new employee’s total remuneration is defined as salary/wages and or profit share together with the value of any bonuses, commission payments, accommodation allowances, premiums for working abroad, insurances, pension payments, school fees, benefits in kind, the provision of a motor car will be valued at £1,000 additional salary and of single status accommodation at £6,000.
Employers undertake to Inform Part and Company immediately in writing of terms of employment agreed with a person introduced by Part and Company so as to allow for the fees to be calculated.
Part and Company reserves the right to charge an additional fee based upon the actual total remuneration in the first year when the actual remuneration is materially different from the projected total remuneration used in calculating the initial fee. Employers undertake to supply Part and Company with such information in writing as may be necessary to calculate such an additional fee.
Part & Company will charge a fee as calculated as a percentage of the projected total remuneration for the first year of employment for the introduction as follows:
Placements located within Great Britain and Northern Ireland up to the salary level of £19,999 (Nineteen thousand and nine hundred and ninety nine pounds – 8% of the annual salary.
Placements located within Great Britain and Northern Ireland up to the salary level of £20,000 (Twenty thousand pounds) and above – 12% of the annual salary.
The fees above will become due upon a person introduced by Part and Company commencing employment with the employer.
All fees are calculated are exclusive of VAT and will bear VAT at the applicable rate.
Invoices are payable upon receipt – Part and Company reserves the right to increase the above percentages on overdue invoices outstanding after 14 days by a further 8% per annum until the day of payment.
Introduction – An introduction will have been affected once the employer and potential employee meet as a result of Part and Company notification to either of the others requirements, be they current, potential or otherwise. Fees will be charged for an employee engaged as a consequence of, or resulting from, an application by an employer to Part and Company even though the introduction is made directly.
Fees will also be charged if a potential employee introduced by Part and Company to an employer located in Great Britain and Northern Ireland is engaged within six months of the date of initial introduction having been rejected by or having rejected an offer of employment from an employer.
Guarantees – Part and Company will introduce a replacement at no extra charge provided that;
- Part and Company fee in respect of the introduction of the employee has been paid within 14 days of the starting date.
- The employee has terminated or has been dismissed within 8 weeks of the commencement of the employment.
- The employer notified Part and Company verbally or in writing of the termination of the employment within 7 working days.
- The employer or any subsidiary or associated company or firm of the employer shall not engage the person within nine months of the day of termination.
- The termination is not due to redundancy or the liquidation, bankruptcy, dissolution or amalgamation of the employers company.
In the event of that an employer is entitled to a replacement and that Part and Company is not able to provide one within 2 months, the employer will receive a credit calculated as a proportion of the introduction fee net of VAT.
When candidates are employed on a flat fee basis and this is confirmed in writing, all terms relating to guarantees are nullified. Where an employer or a representative for the employer are introduced to a candidate via Part and Company and then intentionally collude and deny employment when employment has been taken Part and Company reserves the right to charge an additional fee of 8% of the annual salary.
References – Employers will be responsible for taking up references for potential employees, as well as any medical examination required or any work or other permits.
Privacy – The benefit of introductions made by Part and Company is not assignable by employees and an employer who passes on the introduction of a potential employee to another will be charged the appropriate fee, if employment results.
Warranty – In effecting introductions made by Part and Company is obliged to rely upon the good faith of potential employees and cannot accept responsibility for any loss of expenditure incurred by an employer attempting to effect employment under contract Terms Act 1977, Part and Company cannot accept responsibility for any information or representation concerning potential employees to whom employers may be introduced and in particular the history, character, age, capability, or suitability of any potential employee. No representative of warranty is made that any employee is or will be available to fill a situation.
Acceptance – By notifying Part and Company, whether or not in writing of a vacancy or agreeing to meet or employ a potential employee introduced by Part and Company an employer agrees to be bound by these terms and conditions of business.
VAT No: 947703693
