Can a company pay finder’s fee to an employee of other organization for getting them a client?
Can a company pay finder’s fee to an employee of other organization for getting them a client?
Yes, a company can pay a finder’s fee to an employee of another organization for bringing in a client, but there are important legal considerations and potential risks involved. Companies should ensure compliance with relevant laws, have clear agreements in place, and consider any implications for both their own employees and those of other organizations. Consulting with legal counsel before entering into such arrangements is highly recommended to mitigate risks and ensure compliance with all applicable regulations.
Normally, it is not unless a contract, or legally binding agreement, is made for a finder's fee to be paid between the person facilitating a sale and the person who wishes to make the sale.
Ma'am, paying finder’s fee to an employee is often not legally binding unless it is a contract. It is advised to consult an expert lawyer who will assist you with the best course of action. For further legal assistance contact us on our helpline number.
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