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Ercus Finn-Phillips

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Activity overview

Latest activity by Ercus Finn-Phillips

  • Ercus Finn-Phillips created an article,

    Are reserve payments required for contractors?

    No, we do not require reserve payments for contractors or direct employees. 

    • Ercus Finn-Phillips
    • Updated
    • 1 follower
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  • Ercus Finn-Phillips created an article,

    Do I need to pay a reserve for every employee I hire through Remote?

    If you are required to make a reserve payment, this will apply for each employee hired through Remote. See also: How do I pay a reserve invoice?

    • Ercus Finn-Phillips
    • Updated
    • 1 follower
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  • Ercus Finn-Phillips created an article,

    When is a reserve refunded?

    Unused reserves can be refunded to the client when an employee leaves the company, after deducting any termination expenses, as long as there are no other pending payments. Also check: What is a re...

    • Ercus Finn-Phillips
    • Updated
    • 1 follower
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  • Ercus Finn-Phillips created an article,

    How much is a reserve payment?

    If you are asked to pay a reserve for an employee, it will be based on the employee’s estimated monthly gross salary and associated mandatory employer costs.

    • Ercus Finn-Phillips
    • Updated
    • 1 follower
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    • -2 votes
  • Ercus Finn-Phillips created an article,

    What is a reserve payment?

    A reserve payment is an amount collected by Remote on a client’s behalf to safeguard against potential large or unexpected severance costs when an employee is terminated, or to mitigate the exposur...

    • Ercus Finn-Phillips
    • Updated
    • 2 followers
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    • 0 votes