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How To Calculate Hired Forecast Results

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Please follow these equations to calculate Hired Forecast: 

  • Bill = Bill Rate - (Bill Rate x VMS Fee %) -Discount
  • Pay = Pay Rate x Hours
  • Est. Revenue = Bill Rate x Hours
  • Est. Cost = Pay + (Pay x Burden %)
  • Est. Gross Profit = Revenue - Cost
  • Permanent Est. Gross Profit = Placement Fee + Flat Fees - Discounts

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