What does the Growth Partner Programme cost?
The programme begins at Essential: R5,000 per month or R50,000 per annum. Professional is R10,000 per month or R100,000 per annum. Elite is R15,000 per month or R150,000 per annum. Growth Pass™ is a separate R5,000 once-off recruitment pass and is not a membership. All fees are quoted exclusive of VAT and are subject to signed terms.
Do I have to become a member to use ACG Recruitment?
No. Standard Recruitment has no upfront recruitment fee. The placement fee is 12% of the successful candidate’s annual total guaranteed CTC and falls due only once your chosen candidate accepts the offer, subject to signed terms.
When does the recruitment placement fee become payable?
The placement fee becomes immediately due and payable when the candidate accepts an employment offer or agrees to the appointment, whether verbally, electronically or in writing. Payment is not conditional upon the candidate’s commencement date. This applies to Standard Recruitment, Growth Pass™ and every Growth Partner tier, subject to the signed recruitment agreement.
Who counts as an ACG Growth Member?
A Growth Member is an active, fully paid Essential, Professional or Elite client. Standard Recruitment is a pay-on-success recruitment option and Growth Pass™ is a 12-month recruitment pass — neither is a Growth Member product, and neither receives Growth Member book-acquisition pricing.
What is Growth Pass™ and how long is it valid?
Growth Pass™ is a recruitment pass, not a membership. It costs R5,000 excluding VAT once-off, reduces the recruitment placement fee to 7% of annual total guaranteed CTC, and is valid for twelve months from the later of agreement signature and receipt of the R5,000 excluding VAT payment.
What does a non-member pay to buy or acquire a book through ACG?
Standard Recruitment and Growth Pass™ clients are treated as non-members for book acquisitions. A non-member pays R15,000 excluding VAT upfront plus a 1% success fee calculated on the final transaction value, subject to a signed acquisition mandate.
What does a Growth Member pay for a book acquisition?
Essential, Professional and Elite clients pay no upfront acquisition engagement fee and a 0.5% success fee calculated on the final transaction value, subject to a signed acquisition mandate. Membership fees and transaction success fees are separate charges for different services.
When is the R15,000 acquisition engagement fee paid?
The R15,000 excluding VAT is payable upfront after the acquisition mandate is signed and before ACG begins a dedicated search, releases detailed opportunities or facilitates introductions. It does not apply to Essential, Professional or Elite clients while the membership is active and fully paid.
When is the 1% or 0.5% acquisition success fee due?
The success fee becomes due when the transaction becomes unconditional and must be paid no later than the purchaser’s first payment under the sale agreement, subject to the signed mandate. Non-members pay 1% of the final transaction value; Essential, Professional and Elite members pay 0.5%.
Is replacement support automatic?
12-month replacement support is provided subject to the eligibility, notification, payment and replacement conditions in the signed recruitment agreement.
Are fees inclusive of VAT?
No. All published rates exclude VAT unless expressly stated otherwise.
How are fees calculated for commission-only advisers?
Where there is no guaranteed annual CTC, the placement-fee basis must be agreed in writing before search activation. For commission-based advisers the placement fee is normally calculated on the adviser's total gross earnings over the previous 12 months rather than on a basic salary, subject to agreement.
Is there a guarantee on a placement?
Every successful placement carries 12-month replacement support, and every candidate presented carries 12-month introduction protection, both subject to the terms and conditions of the signed recruitment agreement.
What happens if I do not recruit during my membership year?
The Growth Partner Guarantee extends your Essential, Professional or Elite membership by three months at no additional cost if you do not recruit through ACG during a 12-month membership.
