On appointment of each selected candidate referred by Prabh Placements, your company shall confirm in writing about emoluments offered to candidate. Against which an invoice will be raised for a one time service fee @ 8.33 % of annual CTC, to be paid within 45 days of joining.
The payment should be made by cheque/DD in the name of “Prabh Placements” payable at Chandigarh within 7 days of the receipt of the bill.
In case any tax is deducted from the bill raised to your company, then your company will need to issue a Form 16A or provide a TDS certificate at the end of financial year.
All transactions carried out with us by your company will always be kept confidential.
A copy of the appointment letter along with a detailed break up of remuneration / package will be made available to us within 10 days of the joining date of candidate to your organization.
Should any candidate recommended by us joins your organization within six months from the date of sending his/her resume and/or the first interview, you shall still be required to pay our professional fee, as applicable.
We will help you organizing the meeting/interview of shortlisted candidates at mutually decided time, date and venue.
If the selected candidate leaves the organization on his own accord within three months of joining, there will be no fee charged for appropriate replacement. However, we are being informed within a week.
If payment is not made within the stipulated time period an interest @ 2% will be charged on the outstanding amount and the free replacement guarantee will stand nullified.
Prabh Placements does not take responsibility for any deeds or misdeeds of the candidates during or after the recruitment procedure. It will be the sole responsibility and discretion of your company to appoint the candidate after complete reference check.