Pricing & Policies

Membership Fees: Marketplace

TalentPuzzle aims to render the employer-recruiter relationship as simple and transparent as possible. Signing up is free for both parties. We don’t charge the employer for posting a vacancy, nor do we charge the recruiter for submitting candidate CVs.

In case of a successful placement, TalentPuzzle charges the supplier a small commission. The commission varies depending on the type of supplier.

Existing Supplier

Existing Supplier means any supplier who had an existing contractual relationship with the employer prior to the introduction of TalentPuzzle. Any existing supplier shall be entitled to 100% of the fee. TalentPuzzle will not charge a fee.

Marketplace Supplier

Marketplace Suppliers do not have existing contractual relationships with a particular employer. Marketplace suppliers are entitled to receive 75% of the fee posted by the employer. For any repeat business within 12 months with the same employer, a marketplace supplier will be entitled to 85% of the fee. 

EXAMPLE
Recruiter X places a candidate with Company Y at a base salary of £50,000 at a fee of 20%. So, Company Y pays TalentPuzzle £10,000 or 100% of fee.

If recruiter X is not an existing supplier 
- TalentPuzzle pays recruiter X £7,500 or 75%* of the fee 
- TalentPuzzle keeps £2,500 or 25% of the fee.

If recruiter X is an existing supplier 
- TalentPuzzle pays recruiter X £10,000 or 100% of the fee

* this assumes a first placement. In case of a repeat placement with Company Y, Recruiter X receives 85% of the fee. 

Membership Fees: Vendor Management

Please contact us for pricing enquiries regarding the vendor management product. 

Terms of Use

TalentPuzzle enters into a standard set of terms with each employer and with each recruitment supplier. This eliminates the hassle of each party having to negotiate and agree multiple sets of contracts, and enables an efficient marketplace. Each marketplace participant must agree to the terms and conditions as part of the sign up process.

Each employer may vary specific parts of these terms according to their requirements. Each supplier must agree to these variations when requesting engagement.  

Employers

Invoices

On the candidate’s start date, TalentPuzzle will invoice the employer for the specified placement fee which is due within 30 days. Upon the passing of the 60 days rebate period, we will transfer the relevant amount, as set out above, to the successful recruitment supplier.

Rebate Period

If a candidate does not work out in the first 60 days, employers benefit from an 100% rebate. In this instance, TalentPuzzle will refund the full placement fee in cash.

Non solicit agreement

All recruitment suppliers agree not to solicit any candidates from an employer where they have made a placement for a period of 12 months.

Recruitment Suppliers

Fees

TalentPuzzle will transfer the appropriate amount, as set out above, to the successful recruitment firm after the 60 days rebate period is met.

Invoices

TalentPuzzle will self-invoice on the candidate’s start date for the appropriate percentage of the placement fee, saving the recruiter time and effort.

Previously submitted candidates

Employers do not need to pay a placement fee for candidates whose CVs they have already received via a different source within the previous 180 days.

Candidate Ownership

A recruitment supplier owns a candidate for 180 days after initial CV submission. If the employer hires the candidate during this period for any role within the company the employer owes a placement fee.

Candidate Representation

Prior to submitting a candidate’s CV, the recruiter must obtain the candidate’s approval and consent.

Duplicate Submissions

TalentPuzzle blocks duplicate CV submissions. However, should the system fail to prevent it, the recruiter who first submits the CV will represent the candidate in question. All CV submissions are time and date stamped.

 

For the complete terms and conditions, please see the TalentPuzzle Terms and Conditions available upon sign up. 

 
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Identify the best agencies at fees you set

The TalentPuzzle marketplace enables you to post your vacancy, set the recruitment fee, and anonymously reach out to our global network of thousands of vetted and reviewed recruitment suppliers. Our recommendation technology highlights those suppliers who will deliver the best quality candidates.

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Manage your agencies centrally

Centralise all of your recruitment supplier interactions through the TalentPuzzle Vendor Management tool. Invite your preferred suppliers onto TalentPuzzle and distribute your vacancies with just one mouse click. If they can’t fill it, open it up to over 1,000 rated suppliers on our marketplace. You also benefit from a single billing relationship and zero negotiation on terms.

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Benefit from our rich reporting functionality covering all of the recruitment activity across your organisation. Download reports on spend, supplier performance and time to hire. With data from thousands of marketplace transactions you can accurately benchmark the performance of your existing preferred suppliers.

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