Agency Temps: Pay Rate × Markup = Bill Rate, and the Loaded Cost of an Employee
This lesson is part of the course
In this lesson
You build bill rates from pay rates and markups, work out the productive hours and loaded hourly cost of a fictional employee, and find the markup at which an agency temp costs the same per hour.
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Lessons in this course
- Hourly, Daily, Monthly: Turning Every Rate into One Comparable Hourly Rate Locked
- Agency Temps: Pay Rate × Markup = Bill Rate, and the Loaded Cost of an Employee Locked
- Rate-Card Compliance: Card Rates by Role and Level, Overpayments and Savings Locked
- Fixed-Fee Statements of Work vs Time and Materials: Estimates, Change Requests and Overruns Locked
- Temp-to-Perm Conversion Fees: Fee Scales by Weeks Worked and the Break-Even Point Locked
- Tenure & Extensions: Planned End Dates, Months on Assignment and the Cost of Extending Locked
- Contingent Spend Reporting: By Category, Department and Supplier, and the Share of Workforce Cost Locked
- Workforce Mix Dashboard: Employees vs Contingent FTE and Cost, a Conversion Scenario and a Chart Locked