BENEFITS OF DOCUMENT
DESCRIPTION
When hiring a consulting company/individual for your own consulting business, an agreement before engagement inception should be put in place.
A secondment takes place when an employee (or group of employees) is temporarily assigned to work for another organization. This template secondment agreement is used where consulting work has been outsourced to third parties and this agreement provides a basis for establishing the terms and conditions between the parties (primary contractor and the party seconded to the primary contractor) to the agreement prior to inception of a project.
It covers the following key areas to ensure alignment between the parties upfront:
• Secondment of employees;
• Secondees to remain employees of service provider;
• Scope of duties of the secondees
• Fees and payment frequency;
• Termination;
• Intellectual property.
This template is used globally and can be used across industries.
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Source: Consultant Service Provider / Secondment Agreement Word (DOCX) Document, Corporate Finance 101
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