Terms

Daire - Terms of Business

1. One-Off Placement Fee
   - Daire charges a one-time fee of $6,000 AUD plus GST for their recruitment services. This fee is payable at the start of the process in order to engage Daire.
   - Our service is deemed successful when a candidate receives and accepts a formal offer of employment.

2. Service Guarantee (Relates to One-Off Placement Fee Only)
   - If Daire is unable to secure an accepted offer for a candidate within three months from the start of the engagement, the client will receive a 50% credit note ($3,000 AUD) applicable to future services.
   - If the search is continued after three months and Daire is unable to secure an accepted offer within six months, the client can either:
     - Retain the 50% credit note, or
     - Opt for a refund of 25% ($1,500 AUD).

3. Subscription Model
   Daire offers subscription-based recruitment options for ongoing hiring needs:
   - 1 to 3 candidate introductions per annum: $1,000 AUD/month plus GST ($12,000 AUD plus GST)
   - 4 to 6 candidate introductions per annum: $2,000 AUD/month plus GST ($24,000 AUD plus GST)
   - 7 to 9 candidate introductions per annum: $3,000 AUD/month plus GST ($36,000 AUD plus GST)
   - 10 to 12 candidate introductions per annum: $4,000 AUD/month plus GST ($48,000 AUD plus GST)
   - 13 to 15 candidate introductions per annum: $5,000 AUD/month plus GST ($60,000 AUD plus GST)

4. Daire’s Executive Search fee structure is different to our standard terms and is as follows;
   - Flat fee of $20,000 + GST, paid in two parts.
   - Initial, retained fee of $10,000 + GST first payment.
   - Second, success fee of $10,000 + GST after offer and acceptance.

5. Daire’s AI Talent Recruitment Fee structure is seperate and different to our standard terms and is as follows;
   - Permanent Position: 30% of first year’s annual salary package. Retained fee of 50% initial payment. Remainder on successful offer and acceptance.
   - Temporary Position: 30% margin of hourly / day rate.
   - Contract Position: 30% of contract package.

6. Definitions  
   - An “introduction” refers to the presentation of a candidate profile suitable for the client's open role. Where there is an offer and an acceptance.
   - The introduction count resets each year and does not roll over to subsequent years.

7. Payment Terms  
   - All invoices are payable within 7 days of issuance. Late payments may incur additional charges.
   - A minimum of 30 days’ written notice is required to cancel a subscription.
   - However, if cancelling, the total cost of placements must be equal to at least $6,000 per placement before the subscription is terminated.
   - If the annual payments to date fall below $6,000 per introduction, the remaining balance must be paid in full, calculated at $6,000+GST per introduction.

8. Any candidate introduced by Daire to any company on a speculative approach* which results in a positive hire (offer and acceptance), will incur an introductory fee of $6,000 + GST. *Speculative approach - resume of candidate introduced without initial briefing or current working relationship. This fee can however be exchanged for a subscription option for further recruitment savings.

9. Confidentiality 
   - Both parties agree to maintain the confidentiality of all candidate information and sensitive business information disclosed during the recruitment process.

10. Termination  
   - Either party may terminate this agreement by providing 30 days’ written notice, subject to the client settling all outstanding payments.