As a business leader, you’re keenly aware of the vital role that talent plays in helping your business grow, but finding, interviewing and hiring the right candidates can strain your resources, causing you to lose precious time and money. Fortunately, you don’t have to go it alone. Here are just a few ways working with Randstad can help your company grow.
understanding billrates, pay rates and marksups
Our billing model is best understood through these three terms:
- Pay rate
- Markup
- Bill rate
Pay rate is the total compensation owed to an employee for all hours worked. Markup is what we add on top of that to account for our own costs. The bill rate is simply the total of both the pay rate and markup — and that’s the final sum sent to you.
payrate +markup = billrate
what makes up markup
Growing a business is a major undertaking, and you need all the extra time you can get to make it a success. Unfortunately, the hiring process can be time consuming. Recent Randstad research revealed that it takes businesses two to three months to fill a direct-hire position.1 Every day a position remains vacant is a day taken away from focusing on moving your business forward.
When you work with Randstad, you’ll gain access to our extensive network of qualified, pre-vetted professionals who are ready for their next great opportunity. Our experts know how to source and screen the right talent quickly — without sacrificing quality — so you can get better hires faster than if you chose to go it alone.
Growing a business is a major undertaking, and you need all the extra time you can get to make it a success. Unfortunately, the hiring process can be time consuming.
The cost of a bad hire can be 21% of employees first yearlysalary.
the benefit behinds markup
Growing a business is a major undertaking, and you need all the extra time you can get to make it a success. Unfortunately, the hiring process can be time consuming. Recent Randstad research revealed that it takes businesses two to three months to fill a direct-hire position.1 Every day a position remains vacant is a day taken away from focusing on moving your business forward.
When you work with Randstad, you’ll gain access to our extensive network of qualified, pre-vetted professionals who are ready for their next great opportunity. Our experts know how to source and screen the right talent quickly — without sacrificing quality — so you can get better hires faster than if you chose to go it alone.
Growing a business is a major undertaking, and you need all the extra time you can get to make it a success. Unfortunately, the hiring process can be time consuming.
Highly engaged teams are 21% more profitable than teams win lower levels engagement
talkways
Between reduced staffing costs, time saved on hiring and the added assurance of all-season talent coverage, working with Randstad can help you get the funds and freedom you need to take your business to the next level.
people are also interested in
what can a realpartnership do for yourbusiness?
Let’s talk about how we can work together to take your staffing game to
the next level.
As a business leader, you’re keenly aware of the vital role that talent plays in helping your business grow, but finding, interviewing and hiring the right candidates can strain your resources, causing you to lose precious time and money. Fortunately, you don’t have to go it alone. Here are just a few ways working with Randstad can help your company grow.
understanding billrates, pay rates and marksups
Our billing model is best understood through these three terms:
- Pay rate
- Markup
- Bill rate
Pay rate is the total compensation owed to an employee for all hours worked. Markup is what we add on top of that to account for our own costs. The bill rate is simply the total of both the pay rate and markup — and that’s the final sum sent to you.
pay rate + markup = bill rate
what makes up markup
Growing a business is a major undertaking, and you need all the extra time you can get to make it a success. Unfortunately, the hiring process can be time consuming. Recent Randstad research revealed that it takes businesses two to three months to fill a direct-hire position.1 Every day a position remains vacant is a day taken away from focusing on moving your business forward.
When you work with Randstad, you’ll gain access to our extensive network of qualified, pre-vetted professionals who are ready for their next great opportunity. Our experts know how to source and screen the right talent quickly — without sacrificing quality — so you can get better hires faster than if you chose to go it alone.
Growing a business is a major undertaking, and you need all the extra time you can get to make it a success. Unfortunately, the hiring process can be time consuming.
The cost of a bad hire can be 21% of employees first yearlysalary.
the benefit behinds markup
Growing a business is a major undertaking, and you need all the extra time you can get to make it a success. Unfortunately, the hiring process can be time consuming. Recent Randstad research revealed that it takes businesses two to three months to fill a direct-hire position.1 Every day a position remains vacant is a day taken away from focusing on moving your business forward.
When you work with Randstad, you’ll gain access to our extensive network of qualified, pre-vetted professionals who are ready for their next great opportunity. Our experts know how to source and screen the right talent quickly — without sacrificing quality — so you can get better hires faster than if you chose to go it alone.
Growing a business is a major undertaking, and you need all the extra time you can get to make it a success. Unfortunately, the hiring process can be time consuming.
Highly engaged teams are 21% more profitable than teams win lower levels engagement
talkways
Between reduced staffing costs, time saved on hiring and the added assurance of all-season talent coverage, working with Randstad can help you get the funds and freedom you need to take your business to the next level.
people are also interested in
what can a real
partnership do for your
business?
Let’s talk about how we can work together to take your staffing game to
the next level.