There are four main categories of signatures used in the business world: Wet signatures, e-signatures, digital signatures, and clickwrap signatures. Depending on the circumstances, you may need to use one or more of these methods when you agree to a contract or sign other important documents.
What is a Wet Ink Signature?
By definition, The term “wet” signature refers to wet ink used to create a handwritten signature on a physical paper document, form or contract. It’s the traditional way we sign documents in person. It is often used to distinguish pen and paper signatures from electronic signatures or e-signatures.
Where do we need Wet Ink Signatures?
According to the Labor laws of a few countries, employment contracts are deemed legal only when the agreement is signed in Wet Ink Signatures and submitted to the local authorities. This is when the employment contract is authorized.
The list of countries includes Belarus, Bolivia, Bulgaria, Costa Rica, Dominican Republic, Egypt, El Salvador, Germany, Honduras, Mexico, Panama, Paraguay, Poland, Romania, Ukraine, Uruguay
If you are onboarding an employee in any of the above countries on the Multiplier platform, there will be a process involved for Wet Ink Signatures. Once you have created the contracts, our Onboarding team will reach out to the employee via email to explain the next steps.
What are the Pre-Registration timelines in these countries?
Due to this restriction for having Wet Ink on Employment contracts, the Multiplier team needs time to coordinate and complete the process with employees offline. This is country-specific and ranges between 15-20 days once you create an employment contract.
Should you have any questions on the process, feel free to reach out to support@usemultiplier.com for more details.