Upon receipt of the first anonymous CV from Rearden, a cheque for an amount equivalent to 6% of the proposed annual package for the teacher is to be sent to us. It remains as a security deposit until the school sends approval for collection when a candidate signs a contract and starts duties.
In case of changes on the proposed annual salary mentioned in the school application form, the school then informs us of the amount and a rectification is made to either side. Should the school fail to find its match; the cheque will be returned.