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                                                                   EXHIBIT 10.50




July 9, 2003



Richard Bacon
142 Oakwood Court
Abbotsbury Road
London, UK W14 8JS

Dear Rick:

I am pleased to extend the terms and conditions of your full time employment
with PRG-Schultz USA, Inc. ("PRGS") as Executive Vice President, International,
reporting to John Cook, Chairman and CEO, or his designee, conditioned upon your
signing this offer letter. This offer is also contingent on you providing
documentation on your eligibility to work in the United States. We are very
excited about your joining our organization and the opportunities for our mutual
success.

The following confirms our the terms and conditions of your employment:

1. Base Salary. Base salary of $325,000.00 per annum, paid $12,500 bi-weekly.
   Your performance will be reviewed six (6) months from your start date and
   annually, on March 1 each year thereafter.

2. Performance Bonus. You will be eligible for an incentive bonus ("Incentive
   Bonus") which will include payout potentials of 35% of your base pay for
   achievement of annual target performance goals and payout potentials of 70%
   of your base pay for achievement of annual maximum performance goals, in
   accordance with PRGS's incentive bonus plan.

3. Options. You will be granted options to purchase 50,000 shares of Common
   Stock in PRG Schultz International, Inc. ("PRGX"), subject to Board of
   Directors' approval. This grant will be made pursuant to the terms of your
   option agreement (ratably vesting over four years on each of four
   anniversaries of the date of issue).

4. Car Allowance. You will receive an annual car allowance in the amount of
   $15,000.00 paid $1,250.00 monthly.

5. Relocation. PRG-Schultz will pay the cost of moving you from the United
   Kingdom to Atlanta, Georgia U.S.A. per the terms of our executive relocation
   policy with an allowance up to $60,000. Included in the aforementioned
   allowance are temporary housing and two house hunting trips for two people.
   In the event of your voluntary termination within the first twelve (12)
   months of employment, the actual relocation allowance paid will be repaid to
   PRG-Schultz on a pro-rata basis.


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6. Employee Benefits. You will be eligible for participation in PRGS' Personal
   Benefits Plan, which offers a full suite of benefit services. You will
   receive your benefits  package at your home address prior to your eligibility
   date.  Medical,  dental,  and flexible spending account eligibility begins
   the first of the month following 30 days of employment. PRGS also offers a
   401(k) Savings Plan and Employee Stock Purchase Plan. You will be eligible to
   participate in the 401(k) Savings Plan at the beginning of the month
   following your start date (if age 21 or over), and you will be eligible to
   participate in the Employee Stock Purchase Plan at the beginning of the next
   purchase period after you have completed six (6) months of employment.

7. Termination.

          (a) This Agreement may be terminated by PRGS for cause upon delivery
              to you of a thirty (30) days' notice of termination. As used
              herein, "cause" shall mean (i) fraud, dishonesty, gross
              negligence, willful misconduct, commission of a felony or an act
              of moral turpitude, or (ii) engaging in activities prohibited by
              Sections 3, 4, 5, 6 or 7 of the PRGS Employee Agreement, or any
              other material breach of this Agreement.

          (b) Either party, without cause, may terminate this Agreement by
              giving thirty (30) days written notice. Additionally, your
              employment may be terminated by you for "Good Reason" upon thirty
              (30) days prior written notice of termination (the "Termination
              Notice") served personally with such "Good Reason" being specified
              in the Termination Notice; provided that at the time of such
              notice to PRG-Schultz, there is no basis for termination by
              PRG-Schultz of your employment for cause; and further provided
              that at the time of such Termination Notice to PRG-Schultz you
              have delivered at least 30 days prior thereto a written notice to
              PRG-Schultz (the "Event Notice") stating a condition exists which
              with the passage of time will allow you to terminate your
              employment for "Good Reason" and specifying  the factual basis for
              such condition and such condition has not been cured by
              PRG-Schultz prior to its receipt of the Termination Notice. For
              purposes of this provision, "Good Reason" means any one of the
              following: (i) the assignment to you of duties or a position or
              title inconsistent with or lower than the duties, position or
              title provided in this offer letter; (ii) the principal  place
              where you are required to perform a substantial portion of your
              employment duties hereunder is outside of the metropolitan
              Atlanta, Georgia area; or (iii) the reduction of your Base Salary
              or potential Bonus below amounts set forth herein; provided
              however you shall have no right to terminate pursuant to this
              Section if PRG-Schultz's Board of Directors or the Compensation
              Committee of the Board (the "Committee") has duly  authorized  and
              directed a general compensation decrease for all executive
              employees of PRG-Schultz and the reduction of the sum of your Base
              Salary and potential Bonus hereunder is similarly  reduced in
              respect of other executives. Notwithstanding the foregoing, a
              termination shall not be treated as a termination for "Good
              Reason" (A) if you have consented in writing to the occurrence of
              the event giving rise to the claim of termination for Good Reason
              or (B) unless you have delivered an Event Notice to PRG-Schultz at
              least 30 days prior to providing the  Termination Notice and the
              event identified in the Event Notice shall not have been cured by
              PRG-Schultz prior to its receipt of the Termination Notice.


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          (c) In the event of your Disability, physical or mental, PRGS will
              have the right, subject to all applicable laws, including without
              limitation, the Americans with Disabilities Act ("ADA"), to
              terminate your employment immediately. For purposes of this
              Agreement, the term "Disability" shall mean your inability or
              expected inability (or a combination of both) to perform the
              services required of you hereunder due to illness, accident or any
              other physical or mental incapacity for an aggregate of ninety
              (90) days within any period of one hundred eighty (180)
              consecutive days during which this Agreement is in effect, as
              agreed by the parties or as determined pursuant to the next
              sentence. If there is a dispute between you and PRGS as to whether
              a Disability exists, then such issue shall be decided by a medical
              doctor selected by PRGS and a medical doctor selected by you and
              your legal representative (or, in the event that such doctors fail
              to agree, then in the majority opinion of such doctors and a third
              medical doctor chosen by such doctors). Each party shall pay all
              costs associated with engaging the medical doctor selected by such
              party and the parties shall each pay one-half (1/2) of the costs
              associated with engaging any third medical doctor.

          (d) In the event this Agreement is terminated, all provisions in this
              Agreement or the Employee Agreement relating to any actions,
              including  those of payment or compliance  with covenants,
              subsequent to termination shall survive such termination.

8. Severance Payments.


          (a) If your employment with PRGS is terminated for cause or if you
              voluntarily resign, you will receive your base salary prorated
              through the date of termination, payable in accordance with PRGS'
              normal payroll procedure, and you will not receive any bonus or
              any other amount in respect of the year in which termination
              occurs or in respect of any subsequent years.

          (b) If your employment with PRGS is terminated by PRGS without cause
              or for Good Reason, you will receive your base salary and earned
              bonus for the year in which such termination occurs prorated
              through the date of such termination, plus a severance payment
              equal to continuation of your base salary for twelve (12) months
              payable bi-weekly conditioned upon signing an agreement and
              release.  Except as provided in the immediately  preceding
              sentence, you will not receive any other amount in respect of the
              year in which termination occurs or in respect of any subsequent
              years. The prorated base salary and severance payments will be
              paid in accordance with PRGS' normal payroll procedures.

          (c) If your employment with PRGS is terminated by your death or
              Retirement, you (or your legal representative in the case of
              death) will receive base salary and bonus for the year in which
              such termination occurs prorated through the date of such
              termination and will not receive any other amount in respect of
              the year in which termination occurs or in respect of any
              subsequent years. The prorated base salary will be in accordance
              with PRGS' normal payroll procedure and the prorated bonus will be
              paid in a lump sum within ninety (90) days after the end of the
              year to which it relates.


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          (d) If your employment with PRGS is terminated for Disability (as
              defined above), you or your legal representative will receive all
              unpaid base salary and bonus for the year in which such
              termination occurs prorated through the date of termination with
              such prorated base salary payable in accordance with PRGS' normal
              payroll procedure and the prorated bonus payable in a lump sum
              within ninety (90) days after the end of the year to which it
              relates.

          (e) If you fail to observe or perform any of your duties and
              obligations under Sections 3, 4, 5, 6 or 7 of the PRGS Employee
              Agreement, you will forfeit any right to severance or other
              termination payments of any amounts other than base salary
              prorated through the date of termination and upon PRGS' demand for
              same, you shall repay PRGS any severance or other termination
              payments paid to you after the date of termination of your
              employment with PRGS (other than such base salary).

9.   Successors and Assigns. You may not assign this Agreement. This Agreement
     may be assigned by PRGS to any affiliate of PRGS. The provisions of this
     Agreement will be binding upon your heirs and legal representatives.

10.  Notices. Any notice to be given under this Agreement shall be given in
     writing and may be effected by personal delivery or by placing such in the
     United States certified mail, return receipt requested and addressed as set
     forth below, or as otherwise addressed as specified by the parties by
     notice given in like manner:

If to PRGS:              PRG-Schultz USA, Inc.
                         600 Galleria Parkway, Suite 100
                         Atlanta, Georgia 30339
                         Attention: General Counsel

If to you:               ---------------------------------
                         ---------------------------------


11.  Withholdings. PRGS will deduct or withhold from all amounts payable to you
     pursuant to this Agreement such amount(s) as may be required pursuant to
     applicable federal, state or local laws.

12.  Entire Agreement. This Agreement, the Employee Agreement and such other
     documents as may be referenced by such documents (the "Referenced
     Documents"), constitute our entire agreement with respect to the subject
     matter hereof and, except as specifically provided herein or in the
     Employee Agreement and the Referenced Documents, supersedes all of our
     prior discussions, understandings and agreements. Any such prior agreements
     shall be null and void. This Agreement may not be changed orally, but only
     by an agreement in writing signed by the party against whom enforcement of
     any waiver, change, modification, extension or discharge is sought. Time is
     of the essence of this Agreement and each and every Section and subsection
     hereof. In the event of any conflict between the form Employee Agreement,
     this agreement will supercede the form Employee Agreement.


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Enclosed is our new hire package, which includes the forms to be completed and
returned to me at the Atlanta office - 600 Galleria Parkway, Suite 100, Atlanta,
GA 30339.

Please confirm your acceptance of this offer by signing and returning both this
letter and employee agreement to me within ten (10) days. If not returned by
that date, this offer is null and void.

Sincerely,



Marie Neff
Executive Vice President, Human Resources

Accepted and agreed:


/s/ Richard Bacon                                     July 15, 2003
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Richard Bacon                                         Date



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