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Placement Agreement Template for Singapore

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Key Requirements PROMPT example:

Placement Agreement

"Need a Placement Agreement for our Singapore-based tech company to engage a recruitment agency for hiring software developers, with specific provisions for international candidate placements and a 90-day replacement guarantee starting March 2025."

Document background
The Placement Agreement serves as the foundational document governing the relationship between employment agencies and their client companies in Singapore. This contract type is essential for organizations seeking professional recruitment services and agencies providing them. The agreement must comply with Singapore's Employment Agency Act and related regulations, including licensing requirements and fee restrictions. It typically covers service scope, payment terms, candidate warranties, and replacement provisions, while also addressing data protection and employment law compliance.
Suggested Sections

1. Parties: Identifies the contracting parties and their details

2. Background: Context and purpose of the placement agreement

3. Definitions: Key terms used throughout the agreement

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

5. Fees and Payment Terms: Placement fees, payment schedule, and conditions

6. Term and Termination: Duration of agreement and termination provisions

7. Obligations of Parties: Responsibilities of both agency and client

8. Confidentiality: Provisions for protecting confidential information

9. Governing Law: Specification of Singapore law as governing law and jurisdiction

Optional Sections

1. Foreign Worker Provisions: Required when placing foreign workers, including compliance with Employment of Foreign Manpower Act

2. Non-Compete Clause: Restrictions on competitive activities and protection of business interests

3. Replacement Guarantee: Terms for replacing candidates who leave within specified period

4. Data Protection Clause: PDPA compliance provisions for handling personal data

5. Force Majeure: Provisions for unforeseen circumstances preventing performance

Suggested Schedules

1. Schedule 1 - Fee Schedule: Detailed breakdown of placement fees and charges

2. Schedule 2 - Service Level Agreement: Specific performance metrics and service standards

3. Schedule 3 - Candidate Requirements: Detailed job specifications and requirements

4. Schedule 4 - Compliance Checklist: Required documentation and compliance requirements under Singapore law

5. Schedule 5 - Data Processing Terms: Detailed terms for handling personal data in compliance with PDPA

Authors

Alex Denne

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

Relevant legal definitions




























Clauses




























Industries

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

Employment Agencies Act (Cap. 92): Regulates employment agencies and placement services in Singapore, including licensing requirements and operational standards

Employment Agency Rules 2011: Detailed regulations governing the operation of employment agencies, including fee caps and administrative requirements

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

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data, ensuring privacy protection in employment relationships

Tripartite Guidelines on Fair Employment Practices: Guidelines promoting fair and merit-based employment practices, preventing discrimination in the workplace

Contract Law: Common law principles governing contract formation, terms, and enforcement in Singapore

Unfair Contract Terms Act: Regulates unfair terms in contracts, protecting parties from unreasonable contract provisions

Workplace Safety and Health Act: Ensures workplace safety standards and health protection measures for workers

Central Provident Fund Act: Mandates contributions to Singapore's social security savings system for retirement, healthcare, and housing

Competition Act: Regulates anti-competitive practices, relevant for non-compete clauses in placement agreements

Mediation Act: Framework for mediation as a dispute resolution mechanism in Singapore

Arbitration Act: Governs arbitration proceedings as an alternative dispute resolution method

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

Immigration Act: Controls and regulates the entry and stay of foreign individuals in Singapore, relevant for foreign worker placements

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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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