Hireaxis Advisors — Recruitment Partnership Agreement
These terms apply to all recruitment mandates undertaken by Hireaxis Advisors on behalf of employer clients across the Mumbai Metropolitan Region. By sharing a job requirement or accepting a candidate shortlist from us, the client acknowledges and agrees to these terms.
01 — Scope
What We Do
Hireaxis Advisors will source, screen, and present qualified candidates for positions shared by the Client. Services include executive search, bulk hiring, and contract staffing for real estate roles.
Core Service
02 — Fee
Fee Structure
- Standard fee: 8.33% of the candidate's annual CTC (1 month gross salary) per successful placement.
- Senior / leadership roles (CTC above ₹12 LPA): 10% of annual CTC.
- Fee is payable within 30 days of the candidate's date of joining.
Transparent Pricing
03 — Guarantee
90-Day Free Replacement
If the placed candidate exits within 90 days of joining (for any reason other than client-side termination without cause), Hireaxis Advisors will provide a free replacement. Replacement guarantee is valid for one cycle per position.
Your Safety Net
04 — Ownership
12-Month Referral Period
Candidates introduced by Hireaxis Advisors remain our referral for 12 months from the date of first submission. If hired during this period — directly or through any other means — the recruitment fee applies.
Referral Ownership
05 — Exclusivity
Retainer & Exclusive Mandates
For retainer or exclusive mandates, a non-refundable advance of ₹10,000–₹25,000 per position is applicable, adjusted against the final fee on successful placement.
Priority Service
06 — Payment
Invoicing & Late Payment
- Invoice raised on Day 1 of the candidate's joining.
- Payment due within 30 calendar days.
- Late payments attract 2% per month interest after the due date.
Payment Terms
07 — Confidentiality
Mutual NDA
Both parties agree to keep candidate details, job description specifics, and commercial terms strictly confidential. This obligation survives the termination of any engagement.
Mutual Obligation
08 — Governing Law
Jurisdiction
These terms are governed by the laws of India. Any disputes arising out of or in connection with these terms shall be subject to the exclusive jurisdiction of the courts in Navi Mumbai, Maharashtra.
India — Navi Mumbai Courts
Last updated & effective from January 2024. For an officially signed copy, contact us at [email protected].
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