situations.) Threatening them with turning them into a source company, badmouthing them, etc. is not going to get them to turn their ship around. There is no value (other than making yourself feel better for the moment) to any of that.
Informing the candidate will do nothing for your fee situation. The company will most certainly convince the candidate you are somehow at fault - and that will add no value. You will only look like a sore loser.
Very simply put - you have no leverage here. You've already provided the services. The candidate has accepted.
Send the invoice including all documentation. Follow up with them letting them know you expect to be paid. When/if they do not pay turn it over to a collections attorney who will work on contingency.
Take the high ground. Take the hit. Move on. (After sending the invoice.......)…
for firms with strong relationships with their clients and quick turnaround on invoice payments.
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Sr. Technical Recruiter
ll and medium-sized enterprises (SMEs).
However, less than half have actually taken steps to deal with the problem, according to a study conducted by NatWest and Royal Bank of Scotland (RBS).
UK businesses have invoices worth £15.7 billion that are more than 120 days in arrears and 71 per cent of SMEs in the country have suffered from late payments over the last 12 months.
Smaller businesses are worst affected by the situation and 235,000 claim that the time wasted chasing debt has greatly affected their operations.
According to Peter Ibbetson, chairman of small business at NatWest and RBS, bad debts and late payment of invoices "are endemic problems for UK businesses".
"What's concerning is that so few are making use of services from their bank to help alleviate the problem."
Specialist agencies offer services that can help companies deal with invoice finance, as well as back office requirements.…
o outsource back office solutions such as recruitment agency invoice financing could put themselves in a better position to capitalise on opportunities arising from growing business confidence.
Recruiters who do this may be better placed to benefit from moves like that revealed by Deloitte, which plans to recruit more than 1,100 graduates within the next 12 months.
According to the business advisory firm, which states that there are "lots of opportunities out there", competition for graduate opportunities is high.
Commenting on its own opportunities, graduate recruitment partner Sarah Shillingford said that the company is looking for "a well rounded skill set with a strong academic background".
"The majority of our vacancies offer candidates the opportunity to study for professional qualifications alongside soft skills training, so a strong desire for development is essential," she added.
UK financial services are growing, according to the Confederation for British Industry/PwC Financial Services Survey.…