BEFORE YOU BEGIN

Please be sure to add the Retainer Candidate Placeholder. Please visit Creating a Placeholder Candidate for Retained Placements for further instruction.


Also - please ensure you attach the Client Agreement both at the Company level and on the Job you are creating

  1. Populate the Placement Details (Placement Edit Screen) & Save

    1. While adding a Placement for a 1st Retainer, please complete the following mandatory fields in these sections
      1. Basic Information: 
        1. Retainer #
          1. Indicate what retainer # this is
            1. Choose from the drop down Retainer #1, Retainer #2, Final Retainer
        2. Retainer Search Type
          1. Is this a Confidential, Standard or Team Build search?
        3. LOB
          1. Line of Business
        4. Branch Name
          1. Name of the Branch location you are assigned to
        5. Work Structure
          1. Will the role be Onsite, Hybrid, Remote?  

      2. Installment/Retainer Details
        1. While adding a Placement for a 1st Retainer, please complete the following mandatory fields in this section:
        2. Installment/Retainer Details:
          1. Commission Fee Amount
            1. Enter the Commission Fee Amount on Retainer Installment #1
          2. Commission Fee Amount (Same As Above)
            1. Enter the Commission Fee Amount on Retainer Installment #1 again - exactly the same as the previous field. 
          3. Commission 100%
            1. Enter 100% in this field as this is the % of Commission for this Installment - this will default to 100% if the values in the 2 previous fields match
          4. Under/Over Allocation of Commission
            1. Enter $0 in Installment #1 as typically no $ is held back in the first retainer
          5. Retainer Billed Amount
            1. The Total Fee Amount billed to the Customer for Retainer #1
          6. Retainer Invoice Date
            1. The Date that you want Accounting to invoice Retainer #1 

      3. Final Installment Details
        1. While adding a Placement for a 1st Retainer, please do not complete any fields in this section except Placement Start Date
          1. You will enter the same date in Placement Start Date as in the Retainer Invoice Date field. 
            1. There is a Placement validation in Bullhorn across the enterprise that will not allow you to save the Placement if you do not complete this field.