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Temp-to-Perm Conversion Fees: Fee Scales by Weeks Worked and the Break-Even Point

Lesson 5 of 816 minLab

This lesson is part of the course

In this lesson

You count the weeks each temp has worked, look up the conversion fee band from a fictional scale, cost the fee and find how many weeks of agency markup would add up to it.

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Lessons in this course

  1. Hourly, Daily, Monthly: Turning Every Rate into One Comparable Hourly RateLab15 min Locked
  2. Agency Temps: Pay Rate × Markup = Bill Rate, and the Loaded Cost of an EmployeeLab16 min Locked
  3. Rate-Card Compliance: Card Rates by Role and Level, Overpayments and SavingsLab16 min Locked
  4. Fixed-Fee Statements of Work vs Time and Materials: Estimates, Change Requests and OverrunsLab16 min Locked
  5. Temp-to-Perm Conversion Fees: Fee Scales by Weeks Worked and the Break-Even PointLab16 min Locked
  6. Tenure & Extensions: Planned End Dates, Months on Assignment and the Cost of ExtendingLab15 min Locked
  7. Contingent Spend Reporting: By Category, Department and Supplier, and the Share of Workforce CostLab16 min Locked
  8. Workforce Mix Dashboard: Employees vs Contingent FTE and Cost, a Conversion Scenario and a ChartLab18 min Locked