- What is the FEE?
The following % of Compensation is payable to TalentQuest by the Client for the Appointment of a Candidate:
Compensation (HKD) | Fee |
$1 to $249,999 | 25% |
$250,000 to $499,999 | 28% |
$500,000 or above | 30% |
2. How is the PAYMENT?
TalentQuest will invoice the Client for the Fee upon the Candidate’s start date. The client will pay TalentQuest’s invoice within thirty (30) days from the date of invoice.
The Fee payable to TalentQuest under this agreement do not include Goods and Services Tax (GST), Local Government Tax or local withholding Tax. The Client will not make any deduction or withhold taxes from any payment to TalentQuest.
TalentQuest will charge interest on invoiced amounts unpaid after the due date at the rate of 8% per annum above the base interest rate of HSBC from the due date until the date of payment. The Client will bear any legal costs or other expenses incurred by TalentQuest as a result of non-payment or late payment of an invoice and TalentQuest reserves the right to charge forex for currency fluctuations in the event of late payment