Once we employ your new hire, we are legally committed to paying their salary each month. The deposit ensures that we always have 1 month of salary to pay them in case of any delays in payment of the customer invoice.
How much deposit is required?
We require a 1 month full-refundable deposit upfront for your new hire. This deposit is equivalent to 1 month of your new hire's "Total Cost of Employment" which is the sum of the:
The deposit is invoiced once your new hire has signed their Employment Contract.
This deposit is fully-refundable meaning that at the end of your team member's contract, it will be refunded to your company provided that all final invoices have been settled.