For Orders of flexi-talent (Independent Contractors, Consultants & Freelancers), Nomad Now will automatically add 4% commission (plus VAT) as a payment agent fee, to the total Order amount. Example: If the Order (transaction) value agreed between Client and Freelancer is R100 000-00, the Client will be charged R 4 000-00 (plus VAT) as a Nomad Now Client payment agent fee.
Nomad Now also facilitates permanent placements and in these instances, charges placement fees to Nomad Now Clients. Such fees comprise 5% of the Permanent Placement ‘Order’ Value (i.e.: the Candidate's total cost-to-company remuneration), plus VAT.
Nomad Now charges and deducts a 4% (plus VAT) Freelancer payment agent fee from Freelancer revenues collected, before transferring revenues to Freelancers.
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