An additional deposit may be required if you request a contract term or arrangement that increases the employment liability beyond the statutory minimum. This may include:
A notice period longer than the statutory requirement
Recognition or transfer of prior employment history
Benefits or other terms that exceed statutory requirements
The required deposit will depend on the additional liability and will be assessed before your request is approved.
Example: If the statutory notice period is one month and you request a three-month notice period, the deposit will be three months’ salary. This includes the standard one-month deposit plus two additional months for the extended notice period.