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How are conversion rates calculated on hires that I make internationally?
How are conversion rates calculated on hires that I make internationally?
RecruitiFi avatar
Written by RecruitiFi
Updated over 5 years ago

All RecruitiFi placements are logged in $USD on the date that the employer makes a hire.

At the moment a hire is logged, the conversion rate between USD and the foreign currency is calculated based upon Google Finance's conversion rate.  The conversion rate is applied to your fee, and a payout amount is calculated and converted into USD.  All invoicing is in USD.  

Since the service is provided at the time a hire is logged, the conversion rate must be recorded at that point in time and the payout amount finalized.

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