MedicoHR finances the cost of the payroll prior to receiving funds
Although there exists a range of service model options, one of the most popular agency options chosen is the fully engaged and financed model.
Under this arrangement, MedicoHR takes on all legal, administrative and risk responsibilities of engaging the worker and, in addition, arranges payment for the contractor on their agreed regular payroll cycle. This avoids issues surrounding any potentially delayed payments from the client, and ensures a happier and more content workforce.
Depending on the model, we also take care of client invoice generation and follow-up which reduces your administrative burden further and allows you to concentrate on your core activities.
Finance is an optional service and assessed against standard lending criteria and only offered to approved applicants.
