Dear Nicky

I received a call from an NPAworldwide partner telling me she placed my candidate, which is great news. I then saw in the Membership Updates that her firm is resigning. I know the placement has not been entered into Marketplace yet. I called my partner to remind her, but so far the placement is still not entered. Since that firm's resignation is likely to be final before the client makes payment, am I covered by indemnification if something goes wrong?

Nervous in Newaygo

Dear Nervous,

All NPAworldwide placements must be entered into Marketplace within 7 days of the candidate's acceptance of the offer. This is a joint responsibility of BOTH partners. While that responsibility begins with the importer (representing the client), if the importer cannot meet the 7-day deadline, then the exporter is responsible for completing this task. Failure to meet this obligation can result in disciplinary action, including expulsion, for both parties.

Unreported placements are NOT protected by indemnification.

If you are aware of a split placement involving your firm, and the importing partner has NOT reported that split, it is incumbent upon you to ensure that the placement gets reported. As a reminder, former members do not have access to Marketplace. If your candidate has been placed by a firm that has recently resigned, that firm is not able to report the placement, and you must assume the responsibility for doing so.

Here is the link to the Report A Placement page: https://marketplace.npaworldwide.com/#/splits/create

Nicky

send letters to: nanderson@npaworldwide.com