Shared placement or Split Fee agreements allow one recruiter to match their job orders with another recruiter's candidate in an attempt to make a shared placement with the placement fee money being split between the two recruiters. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Oregon Recruiting — Split Fe— - Agreement is a legal document that outlines the terms and conditions agreed upon by two parties involved in a recruitment process. It specifically pertains to partnerships between recruiters or agencies in Oregon who agree to share fees when a successful candidate is placed with a client. In this agreement, the recruiting parties agree to split the placement fee between them based on certain conditions, usually a predetermined percentage of the total recruitment fee. The purpose of this agreement is to establish clear guidelines and promote transparency in the collaboration between recruiters. There are various types of Oregon Recruiting — Split Fee – Agreement, each with its own variations and stipulations. Some common variations include: 1. Traditional Split Fee Agreement: This is the most common type of agreement where two recruitment agencies or recruiters agree to split the placement fee at an agreed-upon percentage, usually 50-50. The agreement outlines the responsibilities of each party in the recruitment process and defines the terms of fee sharing. 2. Split Fee Agreement Exclusive to Industries: This type of agreement focuses on specific industries, such as technology, healthcare, finance, or engineering. The agreement may include industry-specific clauses, requirements, or exclusions, depending on the specialization of the recruiting agencies involved. 3. Regional Split Fee Agreement: This variation pertains to agreements between recruiters operating within specific regions of Oregon. It may involve dividing territories, candidate pools, or even specialization areas, allowing recruiters to focus on their strengths while strategically collaborating and sharing fees within their respective regions. 4. Niche Split Fee Agreement: This agreement type supports niche or specialized recruiting agencies that focus on a particular field or skill set. It ensures that agencies with complementary expertise can collaborate, providing their clients with a comprehensive pool of candidates and increasing the chances of successful placements. Regardless of the specific type, an Oregon Recruiting — Split Fe— - Agreement typically includes key elements such as the definition of terms, fee sharing percentages, candidate ownership, payment terms, client ownership, termination conditions, and confidentiality clauses. It aims to protect the interests of all parties involved and establish a mutually beneficial arrangement for efficient and successful recruitments in Oregon.
