The agency can go ahead with the contract placement once the credit check has been approved. All details of the contract placement will be sent to the TBOS team via a new starter form. The TBOS team will then use this information to prepare the contracts for the client, recruitment agency and candidate.
The client contracts are three-way contracts between the client, the recruitment agency and TBOS as the service provider.
In the client contract the recruitment agency still retains ownership and responsibility of the client, candidate and placement, with TBOS responsible for the invoicing and credit control of the recruitment services detailed in the contract. The contracts also cover Agency Workers Regulations and are fully compliant with international contract placements.
The candidate contracts are also three-way contracts between the candidate and the recruitment agency, with TBOS listed as the service provider. (The candidates Limited/Umbrella Company may also be listed if applicable).
The candidate contract will still show that the agency retains ownership and responsibility for the client, candidate and placement, with TBOS responsible for receiving invoices and funding for issuing payment to the contractors within payment terms.
All contracts are IR35 compliant and cover the Opt-Out legislation (if applicable). They will also display the TBOS logo and the recruitment agency’s logo to help retain the agency’s identity within the recruitment process.
For PAYE candidates TBOS will require a starter checklist form or a P45 along with a copy of ID (passport or driver’s licence) and a copy of Professional Indemnity Insurance(If applicable). For Limited/Umbrella Company candidates, TBOS will require a copy of the Certificate of Incorporation, VAT Certificate (if applicable) and a copy of Professional Indemnity Insurance (if applicable).