Hiring team reviewing a decision together in a meeting

PLACEMENTS

What a Placement Means on Employment Networks

A placement is a verified hire event created when a company records the hire and start date in the system. That single event triggers billing, holdback rules, and payouts with a clean audit trail.

5 min readUpdated Feb 26, 2026
Verified
Company-confirmed hire and start date
Logged
Auditable actions and stage changes
Protected
Redacted review until you approve
Automatic
Invoice, holdback, and payout rules

01 -- THE DEFINITION

A placement is the platform’s source of truth

On Employment Networks, a placement is a system event that represents a real hire. It is created when the company records a hire decision and a start date in the platform.

That single verified event turns recruiting work into an enforceable outcome. It anchors billing, retention rules, and payouts so everyone is working from the same record, not hearsay.

What a placement is not: a text message, a spreadsheet note, or a verbal promise. If it is not recorded and verified in the platform, it is not a placement.

Person reviewing a checklist and notes on a laptop

02 -- THE RECORD

The placement record is the receipt

Every placement ties back to the submission that led to the hire and the contributors attached to that work.

This is what creates clarity: who participated, what was done, what the company approved, and what the payout rules are for that specific hire.

Linked to the submission

The placement connects to the exact submission that was reviewed and hired.

Roles and contributors are explicit

Credit is tied to role participation inside the platform, not side agreements.

Billing and payout are derived from the record

Invoice, holdback, and payout release are computed from the placement data and rules.

Audit log backs it up

Key actions are logged so disputes can be resolved using evidence, not opinions.

HOW WE CREATE MORE PLACEMENTS

Built to turn motion into starts

Most systems track activity. Employment Networks is designed to convert real work into verified hires with clear rules.

One shared workflow

Submissions, stages, decisions, and approvals live in one place so nothing gets lost in email or DMs.

Quality-first submissions

AI scoring and structured evidence reduce noise so companies can review faster and decide with confidence.

Specialists on demand

Assign company-side and candidate-side work to the right contributors so hiring keeps moving.

Privacy by design

Companies can review redacted submissions first, then unlock identity when they are ready to proceed.

Auditable actions

Key events are logged so accountability is clear when questions come up.

Predictable payout rules

Payment, holdback, and payout release follow the platform rules automatically so the finish line is clear.

PLACEMENT FLOW

From submission to verified placement

This is the simplest way to understand how the platform produces placements.

Candidate is connected and represented

The candidate is connected through Applicant Network and representation is recorded before submissions.

Submission is created

A submission becomes the canonical record of the candidate being presented for a specific role.

Evidence and match scoring are attached

The submission includes AI scoring and structured evidence so companies can review quickly.

Company reviews and moves stages

Stage changes and key actions are tracked inside the workflow so progress is visible.

Hire decision is recorded

The company confirms the hire inside the system.

Start date is recorded

Recording the start date creates the verified placement event.

Invoice and payment process begins

The platform issues the invoice and tracks payment status through funds cleared.

Holdback and payout release run automatically

If a retention window applies, funds are held. Payouts release only when the rules are satisfied.

Payouts are distributed to contributors

Once released, payouts are computed from the placement record and role participation.

Team collaborating during onboarding and planning

Verified placements without the chaos

FAQ

Common placement questions

Clear rules are the point. Here are the questions we hear most often.

Ready to create placements with clear rules?

Post roles, collaborate with specialists, and track every hire as a verified platform event.

Questions? hello@splits.network

What Is a Placement? | Splits Network