Week 1 Flashcards

1
Q

What are some other synonyms of the Account Coordinator role?

A
  • Liaison
  • Go-between
  • Facilitator
  • Organizer
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2
Q

What are 3 aspects of the AC workflow that are transactional?

A
  • Job releasing/broadcasting
  • Candidate submission
  • Interview coordination
  • Offer coordination
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3
Q

What are 3 of the 5 pieces of the Account Coordinator DNA?

A
  • Teamwork
  • Integrity
  • Accessibility
  • Problem Solving
  • Foresight
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4
Q

What are some of the key differences between a retail and MSP account?

A
  • Retail clients: more proactive than reactive, more flexible on rates and overall approach, less structured
  • MSP clients: Must go through the 3rd party company that is managing requisitions, utilize a VMS system to manage all aspects of hiring as well as contractor time and expense entry. More reactive and structured - jobs will be sent automatically to vendors on the program
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5
Q

What is the difference between a VMS and an MSP?

A
  • VMS is the website

- MSP is the 3rd party company

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6
Q

What is the ultimate goal when working with a client point of contact?

A

Building a relationship!

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7
Q

The candidate’s requested pay rate is $78/hr and we have a set markup of 42% - what is the bill rate we would submit at?

A

78 x 1.42 = $110.76

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8
Q

We receive an offer and the pay rate is $43 with a markup of 45%. The overtime multiplier is 1.35. What are the overtime pay and overtime bill rates?

A

OT Pay is $64.50 (1.5 x 43)
—OT Pay is ALWAYS 1.5
OT Bill is $84.17
—Find Bill rate first (43 x 1.45 = 62.35, then find OT Bill (62.35 x 1.35 = 84.17)

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