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George Butunoiu
executive search consultants

Terms of Business

 
1. Objective
The objective of our executive search assignment is to help the Client find the best recruiting solution: to analyze the job and the ideal Candidate's profile, to identify, contact, verify and persuade the Candidates who satisfy the outlined profile; to assist the Client in his final decision.
 
2. Duration of Mission
The duration of our recruitment mission is 1 to 6 months from the signing of the contract. In the normal development of an executive search mission, a first progress report is made to the Client after 2 weeks, either verbally or in writing. After which, the contact with the Client is continuous.
 
 3. Fees
At George Butunoiu we quote a fixed fee for each recruitment assignment based on estimated professional time and degree of complexity. This has the advantage of enabling the Client to budget accurately for the work from the outset. Our minimum fee is € 12.000 / assignment. For multiple positions, a discount may be applicable.
 
 4. Invoicing
Payments are non-refundable and are due as follows:
  • 1/3 when the contract is signed
  • 1/3 unpon the Client accepting the short list
  • 1/3 when the Candidate starts his new job
 5. Internal Candidates
Any Candidate(s) internally or externally submitted by a Client will be fully assessed by George Butunoiu as part of the recruitment assignment with the full fee, as originally agreed, being charged if the Candidate submitted is ultimately appointed.
 
 6. Multiple appointments
If more than one Candidate is hired from an assignment shortlist where the original intention is a single appointment, in a different or in a similar position, within 12 months from the first Candidate's employment, the Client shall pay GB an extra fee equal to half the initial fee. This also applies for circumstances in which Candidates are introduced to a Client on a speculative basis.
 
 7. Guarantees
We guarantee the new employee for a period of two years. During the guarantee period, should he decide to leave your organization for reasons which may question the quality of our work (such as: inadequacy with the established profile, non-observance of the regulations, etc.), we commit ourselves to undertake a new search, under the same conditions, without charging an additional fee.
 
 8. Cessation or Suspension of the Assignment
The Client can, at any time, decide to cease or to suspend the recruitment assignment with no questions asked. An assignment can be resumed within one month from the date of suspension under the same terms at no additional fee.
 
 9. Confidentiality and Exclusivity
Our professional relationship with our customers is founded on mutual confidence and trust. An executive search assignment is undertaken on the clear understanding that a Client will not simultaneously employ any other consultancy to handle recruitment for the same appointment.