GET TALENT! | #34 | Contracts

Episode 34,   Jun 15, 2023, 03:00 PM

📃✒️ GLOMO’s clients are shocked to learn that our recruiting contract is only one page long! However, that’s all we require to sign off on the most important contract takeaway: trust.

Ben and Danny break down GLOMO’s five key recruiting contract elements to set the stage for successful relationships and placements. From replacement guarantees to non-solicitations to the elephant in the room, recruiting fee percentages, they explain the philosophy that informs fair contracts for both parties.

00:55  Why are recruiting contracts topical?
01:48  GLOMO’s contracts philosophy
02:20  Simple + clear contracts
03:32  Trust fills the void in contract disputes
05:05  Five key contract elements
05:56  Why include a commencement fee
07:32  The fee drives recruiters to do their best work
09:54  Payment terms demonstrate value in the partnership
11:03  The value behind the recruiting fee percentage
13:33  What is a replacement period guarantee?
13:50  What’s a fair replacement guarantee?
15:25  Why GLOMO specifies one-time replacement
17:12  Non-solicitation clause in a contract
17:58  The reasons behind the contract terms
18:24  Fair for both parties
18:56  Consistent communication
19:33  Being on the same page
20:20  Open to topic suggestions

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GLOMO is dedicated to scaling global mobility companies through sales, recruitment, and acquisitions. We love helping businesses and entrepreneurs achieve their destinies! At the same time, we believe that doing good is good for business, and our true purpose.