Terms & Conditions

If you are interested in being a client please contact us to find out more, we would be delighted to hear from you. Listed below is an outline of standard terms of business. Please contact us on:

contactus@tracerecruit.com or 02070428421

Terms of Business – covering permanent, fixed term contract and temp roles

Trace Recruit Ltd Terms of Business

Summary

Trace will find candidates that meet your employment and cultural requirements for you to interview – if you like them you will employ them. You will pay us a fee for successfully introducing you to a candidate that you decide to employ, based on the fee schedule set out below.

The fee payable to Trace by the Client for the Introduction resulting in an Engagement is calculated in accordance with the following Fee Structure on the Remuneration applicable during the first 12 months of the Engagement. VAT will be charged on the entirety of this fee if applicable.

  • Remuneration Package up to £79,999 25%
  • Remuneration Package £80,000 and above 30%

This fee is based on:

We invoice our fee and ask that you settle it within 14 days of the candidate starting work for you.

If the candidate you employ leaves within 12 weeks we will refund 100% of the fee (and hope that you let us find you a suitable replacement). To be eligible for this refund you have to have settled our fee in line with these terms within 14 days.

If you have not settled the fees in line with these terms (i.e. within 14 days of the invoice date), the refund that we offer is as follows:

  • 0-4 weeks: 75% of the fee is refunded
  • 5-8 weeks: 50% of the fee is refunded
  • 9-12 weeks: 25% of the fee is refunded

More than 12 weeks: no refund

Note for fixed term contracts the refund timeframe is pro rated by the fraction of the year that the fixed term represents. i.e a 6 month fixed term contract will attract the following refunds:

6 weeks full refund if fees settled in line with these terms (i.e. within 14 days)

If you have not settled the fees in line with these terms the refund offered would be:

  • 0-2 weeks: 75% of the fee is refunded
  • 3-4 weeks: 50% of the fee is refunded
  • 5-6 weeks: 25% of the fee is refunded
  • More than 6 weeks: no refund

We can work on a retained basis or a contingent basis, putting forward candidates who have registered with us. The fees for both types of campaign remain the same, however the payment is structured differently, as per the below:

  • Contingent Campaign Fees (payable on signed acceptance of the Offer of Engagement by the candidate)
  • Remuneration Package up to £79,999 25%
  • Remuneration Package £80,000 and above 30%

Retained Campaign

  • Retainer Fee 25% of the total fee payable on acceptance of the Assignment
  • Completion Fee 75% of the total fee payable on signed acceptance of the Offer of Engagement

All fees are subject to VAT

Terms & Conditions – Refer an Interim Star

1. We will gift a retail voucher at the value of £150.00 2. The candidate must not be already known to Trace Recruit Ltd. 3. Referred candidates must have completed six full weeks employment before the reward is valid. 4. If the referred candidate is placed in a contract position, it must be for a minimum term of three months to qualify. 5. Where a candidate is introduced by more than one person, the reward will be on a first-come, first-served basis. 6. All referral payments will be made once, for one individual recommendation.