Chasing a placement fee through the guarantee window
An invoice goes out when the person starts, and the agreement usually hangs two conditions on it. A guarantee is commonly conditioned on the fee being settled inside terms, and a departure is meant to be notified in writing without delay. Neither condition enforces itself. A fall off claimed long after the event turns into a documents argument settled by the start date and the notice, so what the placement record holds outweighs what anyone remembers. Replacement obligations then roll on quietly until somebody closes them.
The parser reads the resume, then somebody corrects the employment dates it merged, which is most of the time it was supposed to save.
Resumes arrive in every format that has ever existed, including scans with no text layer and designed templates in two columns that get read in the wrong order. Parsing is nearly always a third-party component, and its characteristic failure is employment history: dates written as ranges with words in them produce merged employers and wrong tenure.
- Bullhorn
- QuickBooks Online
- Outlook
When this is the wrong thing to build
Pick something else if permanent work is an occasional side line beside a contract book, or if your terms are replacement only with no money at stake. Chasing is worth building where many fees sit open at once and where guarantee terms differ from client to client.
The constraint that shapes it
This is the sector where the boundary is sharpest, and it is worth stating plainly: rejection is the regulated act, not enrichment. More on how this sector works.
A list of things that are missing, worked until it is empty. Read what this shape is, or start from one of these.
- Chasing a compliance file to complete
- Chasing a referral fee through to a closing you cannot see
- Asking for the replenishment before the retainer runs to zero
- Chasing medical records until the set is complete
- Getting a deposition on the calendar of every party
- Chasing the warranty credit the distributor has not issued
- Does a placement fee invoice go out at offer or at start?
- What voids a recruitment guarantee if the invoice was paid late?
- How do I track guarantee end dates across open placements?
- Does a client have to tell us in writing when a placement leaves?
- How do I evidence a fall off claim that arrives months later?
Back to recruiting and staffing, or see how this is priced and scoped.