Placement Fee Agreement

Placement Fee Agreement Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Placement Fee Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"Need a Placement Fee Agreement for our tech recruitment agency in Singapore, covering both permanent and contract roles, with a replacement guarantee period of 3 months and volume-based discounts for clients placing more than 5 hires per year."

What is a Placement Fee Agreement?

The Placement Fee Agreement is essential for businesses in Singapore engaging recruitment agencies for talent acquisition. This document establishes the commercial relationship between employment agencies licensed under Singapore's Employment Agencies Act and their client companies. It outlines placement fees, payment structures, and service obligations while ensuring compliance with Singapore's regulatory framework. The agreement is particularly important as it provides clarity on fee calculations, refund policies, and replacement guarantees, protecting both parties' interests in the recruitment process.

What sections should be included in a Placement Fee Agreement?

1. Parties: Identifies the employment agency and the client company, including full legal names and registered addresses

2. Background: Sets out the context: client seeking recruitment services and agency's capability to provide them

3. Definitions: Defines key terms used throughout the agreement, including 'Candidate', 'Placement', 'Introduction', 'Remuneration'

4. Services: Details the recruitment services to be provided by the agency

5. Fees and Payment Terms: Specifies placement fee structure, calculation method, payment timeline, and invoicing process

6. Obligations of the Agency: Lists the agency's responsibilities including compliance with Employment Agencies Act

7. Obligations of the Client: Details client's responsibilities including information provision and cooperation

8. Term and Termination: Duration of agreement and circumstances for termination

What sections are optional to include in a Placement Fee Agreement?

1. Replacement Guarantee: Terms for candidate replacement if placement fails within specified period

2. Multiple Introductions: Handling of scenarios where candidate is introduced by multiple agencies

3. International Placements: Additional terms for cross-border recruitment

4. Volume Discounts: Fee reduction structure for multiple placements

What schedules should be included in a Placement Fee Agreement?

1. Fee Schedule: Detailed breakdown of fee structure and calculation methods

2. Service Level Agreement: Specific performance metrics and service standards

3. Data Protection Agreement: PDPA compliance terms and data handling procedures

4. Replacement Guarantee Terms: Detailed conditions and process for replacement guarantee

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Technology
Financial Services
Professional Services
Manufacturing
Healthcare

Relevant Teams

Human Resources
Legal
Finance
Procurement
Operations

Relevant Roles

HR Director
Talent Acquisition Manager
Legal Counsel
Procurement Manager
Finance Manager

Find the exact document you need

No Win No Fee Agreement

A Singapore-compliant agreement where legal fees are only payable upon successful outcome of the case.

������Ƶ

How a Sales & Marketing Lead uses ������Ƶ to reduce contract drafting time by 95%

Let's create your Placement Fee Agreement

What is a Placement Fee Agreement?

What sections should be included in a Placement Fee Agreement?

What sections are optional to include in a Placement Fee Agreement?

What schedules should be included in a Placement Fee Agreement?

Authors

Alex Denne

Find the exact document you need

No Win No Fee Agreement

Intercompany Management Fees Agreement

Flat Rate Agreement

Costs Agreement

Cost And Fee Contract

Contingency Fee Agreement

Service Fee Agreement

Partial Contingency Fee Agreement

International Master Fee Protection Agreement

Finders Fee Contract

Fixed Fee Agreement

Finder's Fee Agreement For Raising Capital

Insurance Agent Commission Split Agreement

Trustee Fee Agreement

Commercial Loan Referral Fee Agreement

Tuition Grant Agreement

Late Rent Payment Agreement

Cost Fixed Fee Contract

Reservation Deposit Agreement

Fee Contract

Software Referral Agreement

Referral Contract Agreement

Finders Fee Consulting Agreement

Referral Agent Agreement

Sourcing Fee Agreement

Placement Fee Agreement

Guaranty Fee Agreement

Conditional Fee Agreement

Marketing Fee Agreement

Guarantee Fee Agreement

Development Fee Agreement

Assignment Fee Contract

Split Fee Agreement

Reservation Fee Agreement

Rental Fee Agreement

Flat Fee Agreement

Consulting Referral Fee Agreement

Mutual Referral Agreement

Master Fee Agreement

Consulting Fee Agreement

Success Fee Agreement

Commission Split Agreement

Success Fee Consulting Agreement

Introduction Fee Agreement

Fee Share Agreement

Royalty Fee Agreement

Management Fee Agreement

Broker Commission Agreement

Agent Commission Agreement

Agent Commission Sharing Agreement

Loan Consultant Fee Agreement

Broker Fee Agreement

Sales Agent Commission Agreement

Agency Fee Agreement

Retainer Fee Agreement

Finder's Fee Agreement

Contingency Agreement

Download our whitepaper on the future of AI in Legal

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Use Cases

��Ƶ

How a Sales & Marketing Lead uses ��Ƶ to reduce contract drafting time by 95%

�ұ�Ծ��’s Security Promise