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Invoice templates

Recruitment agency invoice template

Placement fee, retained search deposit and replacement guarantee terms — stated explicitly, not left to a side conversation.

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See the template as a client-facing document, then open the same starting point inside Hanko.

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People & Partners

billing@example.com

Recruitment placement

INVOICE

#INV-2026-042

Bill to

Northstar Group

Alex Morgan

Issue dateSeptember 1, 2026
Due dateOctober 1, 2026
Amount due$18250.00

Engagement details

Candidate: [Candidate name] Role: Senior product designer Start date: [Date] Fee basis: 18% of $100,000 annual base salary
Placement / fee basis
Qty
Fee
Amount
Permanent placement fee Senior product designer / 18% of annual base salary
1
$18000.00
$18000.00
Approved assessment costs Skills assessment and background screening
1
$250.00
$250.00
Subtotal$18250.00
Total$18250.00
Replacement and rebate terms are governed by the signed recruitment agreement.

What this is

A recruitment agency invoice bills a placement fee calculated against a stated salary basis, with retained search deposits and replacement guarantee terms referenced directly on the invoice so they aren't tracked separately from the billing record.

When to use it

  • Billing a placement fee once a candidate is hired
  • Invoicing a retained search deposit before work begins
  • Documenting a replacement guarantee period tied to a specific placement

What to include

Fee calculation basis

The percentage and salary figure used to calculate the fee, stated explicitly.

Deposit vs. balance

For retained search, the deposit already paid and the remaining balance due on placement.

Replacement guarantee

The guarantee period and the candidate's start date, so the window is unambiguous.

Template text

Copy this into your own document, or open it directly as a branded starting point in Hanko. Bracketed text like [Client Name] is a placeholder to fill in.

Invoice

Invoice #: [INV-001]

Issue date: [Date] | Due date: [Date]

Candidate: [Name] | Position: [Title] | Start date: [Date]

From / Bill to

[Your Agency Name] / [Client Company Name]

Line items

Description Amount

Placement Fee (20% of $120,000 base salary) $24,000

Retained Search Deposit (paid [Date]) -$8,000

Balance Due on Placement $16,000

Replacement guarantee

90 days from start date ([Date]) per the signed agreement. If the candidate leaves within this period, [replacement placement at no additional fee / prorated refund per the agreement].

Totals

Total due: $[amount]

Payment terms & methods

Due within [15] days of issue date.

Card, ACH, wire transfer [and stablecoin — USDC, if applicable].

How to customize it

  • State the exact percentage and salary basis used for the fee calculation
  • Track the deposit against the balance clearly for retained search engagements
  • Reference the start date and guarantee period explicitly for every placement invoice

Common mistakes

  • Fee basis not stated (percentage of what, exactly), causing disputes if bonuses or total comp are involved
  • Deposit not clearly tracked against the balance due
  • No stated guarantee period or start date, leaving the replacement window ambiguous

Frequently asked questions

How is a recruitment placement fee usually calculated?

Most commonly a percentage (often 15-25%) of first-year base salary. State the basis explicitly on the invoice, since disputes often center on whether bonuses or total comp were included.

How should a replacement guarantee be documented?

State the guarantee period and the candidate's actual start date on the invoice, so the guarantee window is never ambiguous if a dispute arises.

Running this whole industry's workflow

See how Hanko fits the complete client workflow for this industry, not just the invoice.

Bill your next placement with guarantee terms built in

Invoice contingency or retained search work with the guarantee period documented on the record.