For Orders of all forms of flexi-talent (e.g.: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 Hirer and Flexi worker is R100 000-00, the Hirer will be charged R 4 000-00 (plus VAT) as a Nomad Now Hirer payment agent fee.
Nomad Now equally facilitates permanent placements and in these instances, charges placement fees to Nomad Now Hirers. Such fees comprise 5% of the Permanent Placement ‘Order’ Value (i.e.: of the Candidate's annual total cost-to-company remuneration), plus VAT. Our fees are success-based and invoiced on date of commencement of employment in the case of permanent placements.
Nomad Now charges and deducts a 4% (plus VAT) payment agent fee from Order revenues collected from the Hirer on behalf of Flexi workers, before transferring these revenues to such Flexi workers.
Although seldom applicable on a platform for professionals, for the record, Nomad Now does not support rates below legislated national minimums. Note that rates are agreed directly and exclusively between Hirers and Flexi workers.
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