7. Fee, Costs & Payment Schedule
Recruitment Campaign Fee
The recruitment campaign fee has been calculated at our Education sector preferential rate of 25% of salary (reduced from our standard terms of 30%) and based on a fixed level of £80,000 p.a. (assumed mid-point of the scale), thus giving the certainty of a fixed campaign fee regardless if the salary offered is in excess of this figure. Our methodology is to manage the campaign as LTE group’s retained advisor on an exclusive basis. Our charging structure is 1/3rd of fee upon commission of the campaign and the final 2/3rds payable upon start date of the successful appointee.
Stage 1 fees and costs are payable at the commencement of the campaign with Stage 3 (appointment) fees payable upon start date of the successful candidate.
All other terms as per our Standard Terms of Business.
Costs
Advertising Costs – as per the recommended schedule and to be agreed at the briefing meeting.
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