Company Information

Get to know LeavePlus

LeavePlus is a statutory authority established by the Victorian Government under the Contract Cleaning Industry (Long Service Leave) Act 2005. Its primary mission is to manage and provide portable long service leave entitlements to workers in Victoria's contract cleaning industry. The scheme allows workers to accrue long service leave benefits based on their time in the industry, rather than with a single employer, ensuring they receive their entitlements even if they change jobs frequently within the sector. LeavePlus collects contributions from employers and manages the fund to pay out claims to eligible workers.

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LeavePlus

Australia

Founded in

1976 (50 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.