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Placement Contract Agreement

Placement Contract Agreement for Singapore

Placement Contract Agreement Template for Singapore

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What is a Placement Contract Agreement?

The Placement Contract Agreement is essential for organizations engaging recruitment services in Singapore. This document establishes the legal framework for recruitment relationships, ensuring compliance with Singapore's Employment Agency Act and related regulations. It defines key aspects such as service scope, fees, warranties, and obligations of both parties. The agreement protects both the placement agency and client company while ensuring transparent terms for successful recruitment partnerships.

What sections should be included in a Placement Contract Agreement?

1. Parties: Identifies and defines all parties to the agreement, including legal names and addresses

2. Background: Sets out the context and purpose of the placement agreement

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Services: Details the placement services to be provided

5. Term and Duration: Specifies the duration of the placement agreement

6. Fees and Payment Terms: Outlines fee structure and payment conditions

7. Obligations of the Parties: Details responsibilities of both placement agency and client

8. Termination: Conditions and process for ending the agreement

9. Governing Law: Specifies Singapore law as governing law

What sections are optional to include in a Placement Contract Agreement?

1. Non-Competition: Restricts competitive activities between parties and protects business interests

2. Non-Solicitation: Prevents poaching of employees or clients during and after the agreement term

3. Force Majeure: Addresses unforeseeable circumstances preventing contract performance

4. Insurance: Details required insurance coverage and liability provisions

5. Data Protection: PDPA compliance provisions and data handling requirements

What schedules should be included in a Placement Contract Agreement?

1. Fee Schedule: Detailed breakdown of fees and charges

2. Service Level Agreement: Specific performance metrics and standards

3. Required Documentation: List of documents required for placement

4. Placement Process: Detailed workflow of the placement process

5. Compliance Requirements: Regulatory and statutory requirements checklist

Authors

Alex Denne

Head of Growth (Open Source Law) @ ΊμΠΣΦ±²₯ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























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Industries

Employment Act (Chapter 91): Primary legislation governing employment relations in Singapore, covering basic terms of employment, working hours, leave entitlements, and other employment standards

Employment of Foreign Manpower Act: Regulates the employment of foreign workers in Singapore, including work pass requirements and employer obligations

Work Injury Compensation Act: Provides framework for work injury compensation and insurance requirements for employees

Central Provident Fund Act: Mandates contributions to employees' retirement, healthcare, and housing savings accounts

Industrial Relations Act: Governs relations between employers and trade unions, including collective bargaining processes

Trade Unions Act: Regulates the formation and operation of trade unions in Singapore

Personal Data Protection Act 2012: Governs the collection, use, disclosure and care of personal data, including employee information

Employment Agencies Act: Specific legislation governing placement and recruitment agencies, including licensing requirements

Employment Agencies Rules: Detailed regulations for employment agencies' operations and compliance requirements

Unfair Contract Terms Act: Regulates unfair terms in contracts, ensuring fairness in contractual relationships

Fair Consideration Framework: Guidelines ensuring fair employment practices and consideration of local workforce before hiring foreign employees

Tripartite Guidelines on Fair Employment Practices: Guidelines promoting fair, responsible and merit-based employment practices

Ministry of Manpower Guidelines: Regulatory guidelines and advisories issued by MOM for employment practices and workplace standards

Employment Agencies Licensing Conditions: Specific conditions and requirements for licensed employment agencies in Singapore

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, Β Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, Β Severance Pay, Governing Law, Entire Agreemen

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