The more you know Flashcards

1
Q

What is the minimum spread dollar an hour amount for a contract placement

A

$15

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2
Q

What does SOW stand for and why is that important

A

statement of work. It’s the agreement that sales needs to get signed from our clients to do contract placements.

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3
Q

What is the L1 gross profit amount for promotion

A

$30K

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4
Q

How many markets do we want to be in by 2025

A

3

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5
Q

How many people did we connect to a better future in 2022

A

95

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6
Q

What is the company burden % for hourly W2 with benefits

A

17.65%

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7
Q

What is a guarantee period

A

The amount of time a perm placement has to stay with the company before they pay us our fee

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8
Q

Where would you look on the GP Calculator if a candidate wants to do 1099

A

Hourly IC, C2C

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9
Q

For an L2, what is the GP & Commission on a $150K perm placement with a 20% fee

A

GP = 15K
Commission = 2,250

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10
Q

When do you receive commission

A

The last Friday of the month

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11
Q

How can you have access to more candidates when running LinkedIn RPS searches

A

Confirmed LinkedIn connections with every candidate your working with. You’ll have access to everyone in their network plus second & third level profiles.

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12
Q

What is an MSA and why do we want them

A

Master Service Agreement. It’s a contract that we get singed by our clients allowing us to do business with them in a perm, contract or contract to hire capacity. It allows us to have access to opportunity without our sales team running into business development obstacles.

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