Hunter and Chase - Terms & Conditions

Retained Search – We work with our clients primarily on a retained basis.  

Billing – The fee for our services is billed in three equal instalments or two equal instalments - unless otherwise agreed. As a professional firm, Hunter & Chase works for clients on a retainer basis. The total fee is 30% of first year’s estimated compensation for each individual employed. Cash compensation includes base salary, bonus, allowances and any other elements that make up the total package the executive receives.

Payments: All payments are due within fourteen (14) days after date of invoice. Any amount not paid within fourteen (14) days after invoice shall incur interest at the rate of four percent (4%) over the then current Barclays Bank plc base rate, further, Hunter & Chase will be entitled to reimbursement for all reasonable expenses (including legal fees) incurred with respect to collection of overdue invoices or unpaid amounts. If payment is overdue, or if any invoice is not paid in full as above, Hunter & Chase reserve the right to stop all further work relating to the Services (and any other related or unrelated services currently ongoing). In addition Hunter & Chase may retain all research data and documents as well as candidates until paid in full.

Invoices are due for payment without deduction upon presentation and timelines specified. All UK fees and expenses are exclusive of VAT which will be added.

Fee structure – Hunter & Chase charge industry standard fee structure at 30% of package, charged in three instalments, at the beginning as retainer, on shortlist/ interview stage, and finally on completion. For percentage fee, should the actual remuneration exceed the estimate, Hunter & Chase will seek to address the balance.  

 

The client is obliged to notify us of the intention to appoint a successful candidate and to provide us with all relevant information with regard to the estimated and the actual remuneration payable, to enable us to calculate our fees. For the purposes of any such calculation, remuneration includes all gross salary, profit share, consultancy fees, allowances, pension, bonus and commission payments, or to any service company or other organisation for which the candidate works.

 

Expenses – It is our practise to bill expenses incurred in the course of an assignment in addition to our fees, however these will only be major expenses such as hotel and flights - for which advanced permission will be sought.

Cancellation – If any invoice is not paid within 30 days, grace period of due date, Hunter & Chase reserve the right to cancel the assignment immediately but without prejudice to our right to submit further invoice in relation to the assignment.

Client protection – As Hunter & Chase operates globally and indeed with global expansion of many of our clients, thus the multifaceted relationships that result, it is appropriate to restate our long-standing policy not to recruit placed executive-level employees from a client for a specified period of time – agreeable with client.

 

Modifications - In the course of an assignment we may be asked to alter the terms of our brief, for instance to change the position profile, causing additional work for us. In such cases, we may charge a further fee to reflect our additional work and responsibilities, although we will usually agree this with the client in advance, and take circumstances into account.

Confidentiality – The effectiveness of our work depends on a detailed understanding of our client’s requirements and culture and style of management. Hunter & Chase therefore respect absolute confidentiality when dealing with sensitive information provided to us about a client organisation and its personnel and we will use our best efforts to keep this information confidential. Of course confidentiality is important for us too, as most of the people recommended by Hunter & Chase are currently employed. Client companies must respect this fact and work to minimise exposure of candidates during the search and interviewing process.

Candidate Confidentiality - Details of candidates (including any assessment notes or other documents prepared or information concerning candidates) are provided to the client in strictest confidence and on the understanding that the client will not disclose it to third parties without our or candidate's written agreement.

 

Exclusivity – To avoid confusion in the marketplace, we ask that only one recruitment procedure be followed. Thus, clients should not advertise or use any other recruitment method whilst Hunter & Chase is engaged in working on a search and refer to us for consideration any potential candidates already known to them or presenting themselves spontaneously. Our search activity may occasionally provoke such activity through awareness.

Research – Our objective on each search is to discover relevant and high calibre people through professional research and access the passive talent pools. Our methodology enables us to identify key individuals with the specific qualifications, skills and experience sought across sector and national boundaries.

Ownership – All candidates remains the intellectual property of Hunter & Chase for a period of 24 months. This means if the candidate introduced to the client by Hunter & Chase re-applies or is re-engaged through other channels and is subsequently hired within a period of 24 months of the initial introduction, then the agreed fee is still payable.

 

If the client passes on the details of a candidate to another organisation which subsequently engages the candidate, this will be treated as a further appointment and a fee based upon one quarter of the total first year remuneration will be payable by the client.

References and Information – If requested, Hunter & Chase will take up references, including the confirmation of any professional or academic qualifications. However, the client is ultimately responsible for any references or other information about candidates, as well as any decisions regarding their suitability. We cannot be held liable if any information proves to be inaccurate or misleading or if the candidate is unsuitable for the position. The client is also responsible for arranging all medical examinations and other investigations and for obtaining any work or other permits.

In general – These terms of engagement apply to all executive search assignments carried out by Hunter & Chase and are deemed accepted by the client when the client instructs Hunter & Chase with an assignment or otherwise requests or makes use of our services. They apply to the exclusion of any other terms and conditions, except those agreed in writing between the client and Hunter & Chase.

Our full fee is not based on selection of final candidate if the rejection is not related to Hunter & Chase delivering suitable candidates, or if all candidates are rejected due to outside influences or if the client decides to cancel the process or decides not to hire for any other reason unrelated to delivery or activities of Hunter & Chase. Our contract with the client shall be governed by the legislation and courts of the United Kingdom.

 

Confidentiality – The effectiveness of our work depends on a detailed understanding of our client’s requirements and culture and style of management. Hunter & Chase therefore respect absolute confidentiality when dealing with sensitive information provided to us about a client organisation and its personnel and we will use our best efforts to keep this information confidential. Of course confidentiality is important for us too, as most of the people recommended by Hunter & Chase are currently employed. Client companies must respect this fact and work to minimise exposure of candidates during the search and interviewing process.

Candidate Confidentiality - Details of candidates (including any assessment notes or other documents prepared or information concerning candidates) are provided to the client in strictest confidence and on the understanding that the client will not disclose it to third parties without our or candidate's written agreement.

Exclusivity – To avoid confusion in the marketplace, we ask that only one recruitment procedure be followed. Thus, clients should not advertise or use any other recruitment method whilst Hunter & Chase is engaged in working on a search and refer to us for consideration any potential candidates already known to them or presenting themselves spontaneously. Our search activity may occasionally provoke such activity through awareness.

Research – Our objective on each search is to discover relevant and high calibre people through professional research and access the passive talent pools. Our methodology enables us to identify key individuals with the specific qualifications, skills and experience sought across sector and national boundaries.

 

If the client passes on the details of a candidate to another organisation which subsequently engages the candidate, this will be treated as a further appointment and a fee based upon one quarter of the total first year remuneration will be payable by the client.

References and Information – If requested, Hunter & Chase will take up references, including the confirmation of any professional or academic qualifications. However, the client is ultimately responsible for any references or other information about candidates, as well as any decisions regarding their suitability. We cannot be held liable if any information proves to be inaccurate or misleading or if the candidate is unsuitable for the position. The client is also responsible for arranging all medical examinations and other investigations and for obtaining any work or other permits.

In general – These terms of engagement apply to all executive search assignments carried out by Hunter & Chase and are deemed accepted by the client when the client instructs Hunter & Chase with an assignment or otherwise requests or makes use of our services. They apply to the exclusion of any other terms and conditions, except those agreed in writing between the client and Hunter & Chase.

Our full fee is not based on selection of final candidate if the rejection is not related to Hunter & Chase delivering suitable candidates, or if all candidates are rejected due to outside influences or if the client decides to cancel the process or decides not to hire for any other reason unrelated to delivery or activities of Hunter & Chase. Our contract with the client shall be governed by the legislation and courts of the United Kingdom.