Whats
the Scoop?
Client companies are finding contract candidates
on their own (via the Internet, retirees, 1099 conversions, etc.)
that they wish to hire, but they dont want to put them on their
own payroll. They want someone else to become the candidates
employer and handle all the taxes, insurance,
benefits, employment contracts, workers compensation, payroll
funding, and payroll processing.
What is the Rate
Calculator?
The Rate Calculator is a simple
on-line ca lculator that can be added to a
recruiters Website. The Rate Calculator will determine the hourly Pay Rate for a
candidate and the Company Bill Rate for invoicing the client company for a non-recruited placement. Enter the Pay Rate
into the Calculator, select a State, and then press Calculate to determine the Company
Bill Rate. The exact procedure applies for determining the Candidate Pay Rate. For a quick
preview of what the Rate Calculator would look like on your Web site click here.
How does the Employer Service
work?
Once the rates are finalized with both parties, the client
company will complete a simple online form. The form is electronically submitted to Top
Echelon Contracting. We will generate all the contractual documents for the placement and
send a complete employment packet to the candidate. Since there is truly zero recruiting
involved, our next step is to notify you (the recruiter) that youve made a non-recruited placement at ABC Company, earning $x.xx per hour, plus we will identify
the candidate and the hiring manager, along with applicable contact information.
How does this service
benefit the recruiter?
The most obvious reason is increased cash flow without
any recruiting effort. When the recruiter elects to have theRate
Calculator added to their Web site, the default profit margin is 4% of the hourly Pay
Rate. Keep in mind, the actual dollar amount is small, but there is zero recruiting
effort. The next benefit for the recruiter is the fact that you are offering another
service and providing quality content on your Web site. Plus, with increased
traffic to the Web site, there is a potential that the client may see some other type
of staffing service on your Web site that they currently need.
Is there any marketing Information?
Top Echelon Contracting will supply you with some basic
marketing information that can be emailed to your client companies and candidates. The
marketing information has a brief description of the service and a "link" to
your Web site. Along with having the actual Rate Calculator on your Web site, the Rate Calculator link contains a two-minute tour of the entire process and detailed
documentation for both the Job Seeker and Employer.
How can a recruiter get the Rate Calculator added to their Web site?
You can have anRate Calculator
on your Web site for free. Click here for details. |