Temporary placements

The Client shall pay Optimise hourly rates as notified to and agreed with the Client. The hourly rates cover all costs associated with employment of the Candidate by Optimise. Rates are invoiced weekly according to timesheets authorised by the Client and no rebates are payable. Transfer and Introduction fees apply if the Client subsequently employs the Candidate.

Permanent placements

The permanent introduction fee payable is calculated by applying the relevant percentage to the total first years remuneration, as set out below. The total first years remuneration means all emoluments together with all benefits that form part of the annual gross taxable pay to include, where a car or car allowance is provided, the sum of £2’500 or the car allowance, whichever is greater.

 Minimum Introduction Fee

A minimum fee of £1’500 is chargeable, to include where commission, bonus or similar payments form the whole or major part of the emoluments.

Remuneration Band                Permanent Introduction Fee

Up to £19’999                          15%

£20’000 - £29’999                    20%

£30’000+                                25%

Fixed Term placements

For the purposes of calculating the permanent introduction fee, the total first years remuneration is the Candidate’s gross taxable pay, for the period of the fixed term contract extrapolated on a directly proportional basis, to the amount payable over a 12 month period. The Minimum Introduction Fee will not apply. If the contract duration is extended, or the Client engages or makes use of the Candidate in any capacity within 12 months of introduction, the Client shall be liable for the balance of the Permanent Introduction Fee, subject to the Minimum Introduction Fee.

 Contract Duration                   Introduction Fee

Up to 6 months                        0% of Permanent Introduction Fee

6 –12 months                          0 – 100% of Permanent Introduction Fee

                                             (apportioned on a pro rata basis)

Client Guarantee

In the event of a Candidate leaving the Client’s employment within 8 weeks of commencement for any reason other than through redundancy, provided that the Client informs Optimise in writing of the fact within 7 days of the termination of employment and the introduction fee has been paid, Optimise offer the following rebate.

 Period of Employment            Rebate

Up to 4 weeks                         50% rebate of the introduction fee or one free replacement

4 – 8 weeks                             25% rebate of the introduction fee

 If the Client re-engages the Candidate within 12 months of introduction any rebate paid to the Client shall be repayable to Optimise; or if the Client accepted a replacement, then the Client shall be liable for a permanent introduction fee in respect of the replacement.

 This Client Guarantee does not apply to Fixed Term Contract placements or Fixed Term to Permanent conversions.