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terms and conditions of business
Like you, we know that time is money, so why not going ahead and sign our T&C's in the meantime? The sooner we find your ideal candidate the better!
TERMS AND CONDITIONS
With a proper understanding of what the needs of our clients are, we provide the highest quality of service to the Personnel Recruitment Industry. The Placement Fee is payable by the Client if a candidate was introduced by MC Technology Staffing & this candidate was offered a position as a partner/associate/employee/contractor / independent contractor/distributor/supplier to the Client within a twelve (12) month period of presentation of the candidate. The Placement Fee is also payable should the candidate be introduced by the Client to a third party or engaged in any business relationship with the Client.
The Placement Fee will be calculated according to the Total Cost to Company per annum (TCTC) as set out below (exclusive of VAT):
1. Placements Based on Commission only, will be charged at a Flat Fee of R20,000.00 (Excluding VAT), No Guarantee Period will be applicable.
2. PERMANENT PLACEMENT GUARANTEES:
2.1 The Client is covered in the event of the employee leaving your employment for reasons other than retrenchment or death, or if employment is terminated in accordance with any provisions of the applicable Labour law within the first 90 days.
2.2 In the event of the candidate leaving the employment of the Client, the agent will pass a Credit Note (valid for 12 months) towards the next placement at the Client as a percentage (%) of the fees paid relating to such candidate’s appointment in the following manner:
• 75% – If the candidate’s last working day is on or before the thirtieth day. (All days of the month included)
• 50% – If the candidate’s last working day is on or before the sixtieth day. (All days of the month included)
• 25% – If the candidate’s last working day is on or before the ninetieth day. (All days of the month included)
2.3 Our guarantee period will only be validated once our invoice is paid within fourteen (14) days from the starting date. Interest will be charged on overdue amounts calculated at a rate of 2% per month.
3. SETTLEMENT OF ACCOUNT
3.1 The Client shall pay MC Technology Staffing fees for providing the services contemplated in this agreement.
3.2 Unless otherwise specifically agreed to by MC Technology Staffing in writing, all amounts shall be paid by the Client to MC Technology Staffing, without deduction, demand or set- off within 14 (fourteen) days after the candidate’s commencement date.
3.3 Any amount not paid on due date shall bear interest from the due date until it is paid (both days inclusive), at a rate of 2% per month.
3.4 The Client undertakes to pay any and all legal costs incurred in the collection of overdue accounts, with the client’s liability inclusive of the recovery of legal representative(s), attorney fees on attorney’s own client scale as between attorney and client, collection commission, tracing fees, & the like.
3.5 The Client further hereby consent & submits to the jurisdiction of the Magistrate’s Court having jurisdiction over its person in respect of all proceedings connected with MC Technology Staffing & in terms of the standard terms & conditions of business, notwithstanding that the amount claimed for in the specific instance exceeds the jurisdiction of the Magistrate’s Court. The client selects their respective addresses as their domicilium cetandi et executandi which shall be the address to which all correspondence and legal notices may be served.
MC Technology Staffing will not accept any responsibility directly or indirectly for accidents in the workplace or work-related accidents or any damages of any nature caused by the candidate/assignee willingly or unwillingly, locally or abroad; the client indemnifies & holds MC Technology Staffing harmless against any claims whatsoever of the candidate/assignee in terms of any persons, cash, equipment, vehicles, third parties, lives of persons or the company.
By signing this Fee Structure, you state your acceptance of the above Terms & Conditions on behalf of your company / business & further that you are duly authorized to do so. The signatory here with binds him/her in solidium with the client. This agreement is the whole agreement between the parties & no variation or amendments thereof is of any force & effect unless agreed to in writing by both parties. The parties acknowledge that no representations of warranties other than those provided for herein were made by either party in connection with any matter included herein.
Further, do I hereby confirm that I have read, was explained and understood the terms and conditions as set out herein.
CAPE TOWN OFFICE
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