Retained Assignment definition
Examples of Retained Assignment in a sentence
In respect of Retained Assignment, the Agency Introduction Fee, as specified in 1 above, shall be payable in three instalments as follows: Search Fee - One quarter (25%) due immediately on commencement of the assignment and non-refundable under any circumstances Progression Fee – One quarter (25%) due on progression of a candidate to second stage interview.
The Initial Fee of the Retained Assignment is payable on RW’s acceptance of a Retained Assignment; • The Interim Fee of the Retained Assignment is payable on RW’s presentation to the Client of a short list or within three (3) weeks from the date of the T&Cs being signed, whichever comes first.
Retained assignment services require an exclusive agreement where you will pay us in three stages as detailed in the Retained Assignment document.
The Service will be conducted on a Contingent Assignment (defined below) or Retained Assignment (defined below) basis as requested by the Client.
In the event that the Client, retains the Employment Agency on a Retained Assignment, but subsequently cancels or alters the Retained Assignment at any time prior to submission of the Applicant Shortlist, the Client shall pay a proportion of the shortlist fee, calculated pro rata to the amount of work carried out on the Retained Assignment.