These Terms of Business apply to the provision of permanent placement, retained executive search and contract / locum recruitment services by MB Talent Partners Ltd to its clients (the "Client"). They incorporate the requirements of the Conduct of Employment Agencies and Employment Businesses Regulations 2003.
1. Engagement
These Terms apply when a Client engages us in writing or, in the absence of a written instruction, accepts the introduction of a Candidate. Any variation to these Terms must be agreed in writing.
2. Permanent placement fees
- Standard contingent placement fee: 20–25% of first-year gross salary, agreed in writing per engagement
- Retained executive search engagement (Head of Department / Director / Partner): 30–35%, billed in three instalments at engagement, shortlist and acceptance
- Salary inclusive of guaranteed bonus and car allowance for the purposes of fee calculation
- VAT charged in addition at the prevailing rate
3. Rebate
Where a Candidate placed on a permanent basis ceases employment within the first eight weeks and the Client has paid our invoice within 14 days of the date of invoice, we will offer a sliding-scale rebate against fees paid:
- Weeks 1–4: 75% rebate
- Weeks 5–6: 50% rebate
- Weeks 7–8: 25% rebate
The rebate is contingent on the Client notifying us in writing within five working days of the Candidate ceasing employment.
4. Introductions
Introduction of a Candidate is confidential. If the Client engages an introduced Candidate within twelve months of the introduction (whether or not in the role originally contemplated), our fee is payable in full.
5. Contract / locum engagements
Where we supply a worker on a contract or locum basis we act as an employment business. The worker is engaged through their own limited company or umbrella, with day-rate or hourly terms agreed per engagement. Right-to-work and AML checks are completed before assignment.
6. Invoicing and payment
Invoices are payable within 14 days. Late payment may attract interest under the Late Payment of Commercial Debts (Interest) Act 1998.
7. Equality and confidentiality
We comply with the Equality Act 2010 in our recruitment practice and expect our Clients to do the same. All Candidate information shared under these Terms is confidential and may not be passed to third parties without our written consent.
8. Liability
Our total liability under any engagement is limited to the fees paid for that engagement. We are not liable for indirect or consequential loss. Nothing in these Terms limits liability that cannot be limited under English law.
9. Governing law
These Terms are governed by the laws of England and Wales and subject to the exclusive jurisdiction of the English courts.