ePosting - Fee structure

Overview

ePosting charges a 6% marketplace fee based on the total referral incentive agreed upon between the referrer and the job seeker. This fee is clearly outlined in the referral contract for transparency.

Referrers

Fee deduction: For referrers, the marketplace fee is deducted from the final payout when the referral is successful, meaning the job seeker has started the job.
No upfront costs: Referrers receive the agreed-upon amount minus the 6% fee as their earnings.

Example: If the referral incentive is $500, the referrer earns $470 ($500 - $30).*

Job seekers

Upfront fee deduction: The marketplace fee is charged at the time the referral contract is signed, meaning the job seeker pays this fee upfront.
Escrow policy: If the job seeker does not receive an interview or withdraws their application, the fee will be credited back to their ePosting wallet. Until then, the fee is held in escrow.

Example: If the referral incentive is $500, the job seeker pays $530 ($500 + $30).*

Refund policy: If the job seeker does not receive a job offer, 50% of the marketplace fee will be credited back after the minimum fee is applied.

Example: If the marketplace fee paid was $30, the job seeker will receive $15 back if they were not offered the position.

Minimum marketplace fee

ePosting has a minimum marketplace fee of $15, regardless of the referral incentive. This covers administrative costs.

Even if the referral incentive is less than $250 (which would normally incur a fee of less than $15), both the referrer and the job seeker will still be charged the $15 minimum fee.

Summary

This fee structure is designed to ensure transparency and clarity for both referrers and job seekers involved in the referral process on ePosting. The key difference lies in how fees are handled for each party.

Notes: All fees are in US dollars.
* Third-party platform surcharges may apply at the time of payment.