Eala Bhan charge fees per assignment depending on individual arrangements between ourselves and the client. Fees can be negotiated per assignment based on contractual basis, assignment type, duration and location.
This is the usual and preferred arrangement. Eala Bhan and a client agree to work on an independent contractor basis. A contract is drawn up between Eala Bhan and the client setting out the scope of the assignment, timescales and milestones, the fees to be charged, and when they are due. The contract specifically states that the arrangement is that of independent contractor and client, and specifically not that of employee/employer. Any other matters, for example, S&T arrangements are included. A similar contract is drawn up for retained services, usually fixed-term and renewable.
The contractor does not join a client's benefit schemes, including pension, medical aid and provident fund. The contractor is not entitled to accumulated paid leave, sick pay, payment on public holidays and other statutory requirements as set out in the various employment acts. Invoices are submitted at periods as set out in the agreement, with applicable taxes, for example VAT added to the invoice.
In this arrangement, the contractor joins the client's workforce, usually on a fixed-term contract of employment. The contract sets out the scope of the assignment, timescales and the salary to be paid. The salary is usually expressed as total cost to client. The contractor does not join a client's benefit schemes, including pension, medical aid and provident fund.
The employer will deduct employment taxes, including PAYE, SITE and UIF and provide an IRP5 at the end of the assignment.
As an employee, the contractor becomes entitled to accumulated paid leave, sick pay, payment on public holidays and other statutory requirements as set out in the various employment acts.
The fee rate is expressed as a monthly salary, and expressed as an hourly rate will be higher than the equivalent independent contractor rate. S&T will be considered separately on a case-by-case basis.
Salary is paid monthly according to a client's normal practices.
The table below sets out indicative fee rates effective from 1st May 2013 to 31st October 2013 and do not include applicable taxes, S&T or other expenses.
Please note that they are highly negotiable, dependent on assignment type, duration and location.
Rates are revised on a six-monthly basis to reflect inflationary increases.