2c) Activity: Types of EA licenses and requirements

1) If the Employment Agency conducts mainly placements for workers earning a monthly salary of >$4,500, but would also conduct placements for workers earning a monthly salary of <$4,500, which licence should the Employment Agency apply for?

2) The Employment Agency conducts placements for local workers only. Which licence should the Employment Agency apply for?

3) If my Employment Agency's placement volume fluctuates between 100-300 from month to month, what is the appropriate security deposit that my Employment Agency should furnish?

4) Can I furnish more than 1 security deposit of $20,000 each time?

If my Employment Agency's initial Security Deposit is $20k and after 6 months of Employment Agency operations, my Employment Agency's placement volume is at 160 and has 0 demerit points,

5) If the Employment Agency is sure that their placement volume will exceed 40 in the next 6 months, what is the appropriate security deposit that my Employment Agency should furnish?

If my Employment Agency's initial Security Deposit is $20k and after 6 months of Employment Agency operations, my Employment Agency's placement volume is at 160 and has 0 demerit points,

6) If the Employment Agency is sure that their placement volume will be less than 40 in the next 6 months, what is the appropriate security deposit that my Employment Agency should furnish?