7. Fee, Costs and Payment Schedule
Recruitment Campaign Fee
The recruitment campaign fee has been calculated at our Higher Education preferential rate of 25% of salary (reduced from our standard terms of 30%) and based on a fixed level of £130,000 p.a. (assumed low-point of the scale), thus giving the University 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 the University’s retained advisor on an exclusive basis. Our charging structure is 1/3rd of fee upon commission of the campaign (Stage 1) and the final 2/3rds payable upon start date of the successful appointee (Stage 3).
Stage 1 fees and costs are payable at the commencement of the campaign with 3 payable upon start date of the successful candidate (unless the campaign is cancelled in which case 50% of stage 3 fees would then be applicable).
All other terms as per appendix 1.
Made with FlippingBook - Online Brochure Maker