Annual Remuneration Package	Up to £24,999	£25,000 to £49,999	£50,000 and above
PERMANENT FEES
CONTINGENCY SEARCH
Completion Fee	20%	25%	30%

Retained Assignments
Retainer Fee	6%	8%	10%
Shortlist Fee	6%	8%	10%
Completion fee	8%	9%	10%

	20%	25%	30%

CONRACT FEES
Duration (months)
Up to 6	30%	35%	40%
7-11	25%	30%	35%
12+	A contingency search fee charged as per above

TERMS and CONDITIONS

All fees are expressed as a percentage of the first year’s 'Gross Annual Remuneration Package'. The candidate's projected gross remuneration in the first year of employment (hereafter the "Gross Remuneration") comprises the following constituent elements/is calculated on the following basis:

Basic salary (where the candidate is a salaried employee). The basic salary will be the salary at which the candidate commences employment, but will include any uplift during the course of the first 12 months of employment, if the amount of such uplift is certain and agreed at the time of commencement of employment.
Bonus (of whatever nature, including, but not limited to, signing-on bonuses and guaranteed bonuses).
Other forms of remuneration. These will include: stocks and shares; housing/accommodation allowances; relocation allowances; car allowances (where a car is provided, this will be assessed as remuneration at the rate of £6,000 or the value attributed to the car allowance by the Client, whichever is greater).

CONTRACT FEES

The Contract Fee due will be calculated as 'x'/12ths of the Gross Annual Remuneration Package multiplied by the appropriate Contract Fee percentage where 'x' denotes the contract duration in months.

ADVERTISING, RESEARCH, PSYCHOMETRIC TESTING AND INTERVIEW EXPENSES

The Client shall be charged for all advertising, research and psychometric testing costs together with all agreed travel and interview expenses incurred by a Candidate.

PAYMENT TERMS

Invoices will be rendered upon commencing employment by a candidate(s) and are payable by the Client within 21 days of the invoice date. Where applicable, VAT will be charged at the prevailing rate. Failure to pay the fees in full within the 21 day period will result in interest being charged on overdue amounts, calculated at 2% above the Lloyds TSB base rate for the time being in force.

1. Definitions

"Client" means the person, firm or corporate body together with any subsidiary or associated company as defined by the Companies Act 1985 to whom the Candidate is introduced or supplied.

"Engagement" means the engagement, employment or use of the Candidate by the client or any third party to whom the Client has introduced the candidate whether on a permanent, contract or temporary basis and whether under a contract of service or for services of any other direct or indirect engagement and includes an agreement to engage the candidate in the future and "to engage" shall be construed accordingly.

"Introduction" means (i) the Client's interview of a candidate in person or by telephone, following the Client's instruction to Collier Banks to search for a candidate, or (ii) the passing to the Client of a curriculum vitae or other information which identifies the candidate; and which leads to an Engagement of that Candidate by the Client.

"Candidate" means the individual whose services are introduced by Collier Banks Ltd to the Client.

2. Fees

On a Contingency Search, the Completion fee shall become payable by the Client on the first day of employment of the candidate. On a Retained Assignment fees will be payable as follows: a retainer fee element immediately upon commencement of the assignment and not refundable under any circumstances; a shortlist fee element, non-refundable, payable upon the presentation to the Client of a minimum of three Candidates who in the reasonable opinion of Collier Banks Ltd meet the agreed specification; a completion fee element payable on the day a Candidate commences employment with the Client.. All fees shall be calculated in accordance with the Retainer Fee, Shortlist Fee and Completion Fee.

3. In the event that any Candidate is rejected by the Client or the Candidate rejects an offer of Engagement, if the Candidate is subsequently engaged by the Client within 12 Months of the Introduction, the Client shall pay an Introduction Fee to Collier Banks Ltd in accordance with Clause 2.

4. If the Client introduces a candidate to another person, firm or corporation resulting in the Engagement of the Candidate by that person, firm or corporation within 12 Months of the Introduction, the Client shall pay the completion fee in accordance with Clause 2 above.

5. If a Retained Assignment is cancelled by the Client, or if, in Collier Banks Ltd opinion, the Client for any reason materially alters its requirements submitted to Collier Banks Ltd, then, in addition to the fees payable in accordance with the scale of fees, the Client shall pay an additional 10% of the stated remuneration package, plus all the agreed advertising costs and other expenses incurred by Collier Banks.

6. When an offer of Engagement has been made in writing by the Client and is subsequently withdrawn by the Client after an acceptance by the Candidate through no fault of the Candidate, the Client shall pay the full permanent or contract fee.

7. The Client agrees to notify Collier Banks Ltd immediately of any offer of an Engagement which is made to the Candidate and to notify Collier Banks Ltd immediately that an offer of an Engagement to the Candidate has been accepted and to provide Collier Banks Ltd with full details of the remuneration package.

8. Collier Banks Ltd is able to provide an advertising service to the Client, for which the charges incurred by Collier Banks are payable by the Client. Cancellation of an advertisement will only be accepted by Collier Banks Ltd provided that the Client gives sufficient notice to Collier Banks Ltd to enable Collier Banks Ltd to cancel the advertisement before going to press. The Client shall pay advertising accounts within seven days of the date of invoice.

9. Replacement/Rebate

Permanent Placements: In the event an Engagement is terminated within 12 weeks of the date of the candidate commenced work for the Client Collier Banks Ltd Shall endeavour to find a replacement at no further cist to the Client except for any additional advertising costs as may be agreed. If in the opinion of Collier Banks Ltd, a suitable replacement cannot be found Collier Banks Ltd shall refund the completion fee paid in the same proportion as the un-worked period bears to 12 weeks (calculations being done to the nearest week). For Retained Assignments only the completion fee element shall qualify for replacement/rebate.

Clause 9 will only apply if

(i) The client has notified Collier Banks Ltd in writing of the termination of the Engagement within 7 days of it taking effect.

(ii) There shall be no Engagement of that Candidate other than through Collier Banks Ltd within 12 Months from the date of termination;

(iii) The termination is not due to redundancy; and

(iv) All fees have been paid in accordance with these terms and conditions.

10. Liability: Collier Banks Ltd endeavours to ensure the suitability of any Candidate introduced to the Client however it shall be the Client's responsibility for taking up/verifying references and taking other such steps as may be required to satisfy itself as to the suitability of the Candidate including the existence of relevant work permits, qualifications and undertaking medical checks. The Client must not approach a Candidate's current employer until the Client has made a written offer of Engagement which has been accepted in writing by the Candidate. Any information supplied to the Client by Collier Banks Ltd is supplied in good faith based on information given by the Candidate and Collier Banks Ltd does not represent or warrant such information to be true. No liability whatsoever is accepted by Collier Banks Ltd in respect of the matters referred to in this cause.

11. Collier Banks Ltd shall not be responsible for any loss, expense, damage, delay, costs or compensation (whether direct, indirect or consequential) arising from or in any way connected to Collier Banks Ltd seeking a Candidate for the Client or from any Introduction or Engagement or from any failure to introduce any Candidate or from any negligence, dishonesty, misconduct or lack of skill of the candidate.

12. When making an Introduction of a Candidate to the Client Collier Banks Ltd shall inform the Client of the identity of the Candidate; training, qualifications and any authorisation required by law or a professional body to work in the position; and that the Candidate is willing to work in the position.

13. Where information is supplied by Collier Banks Ltd to the Client about the Candidate this shall be treated as confidential and must not be disclosed without the prior written consent of Collier Banks Ltd which will, where necessary, obtain the consent of the Candidate for any disclosure to a third party.

14. The client, by accepting these terms and conditions confirms that it is aware of the legal and/or professional requirements for the placement and knows of no reason why it would be detrimental to the interests of the Candidate for him/her to undertake the placement.

15. If the Client has any cause for complaint about a Candidate or an invoice Collier Banks must be notified as soon as possible and this must be confirmed by the Client in writing in any event within 7 days of the complaint arising.