Contract vacancies are billed on an ongoing timesheet-by-timesheet basis, the Recruitment Company manages contractor payments and bills the client. Company Billings are the difference between the contractor and client payments.
Vacancy Item |
Description |
Status |
Not started, Running or Completed. This item is derived from the vacancy Start Date and the contract Duration. |
Duration |
The number of days (starting from the vacancy Start Date) that the contract is scheduled to run. |
Finish date |
The date the contract is scheduled to finish. Changing the Finish date automatically recalculates the Duration and vice versa. |
Client rate |
The hourly rate paid by the client (excluding tax). |
Contractor rate |
The hourly rate paid to the candidate (excluding tax). Often the low end of the rate range for vacancy publication purposes when used in conjunction with the Maximum rate field, |
Maximum rate |
The maximum possible rate that this position can command. |
Billing units |
Billing units for pay rates. |
Timesheet tool |
Check this box if this vacancy is to contribute to new vacancies using the New Timesheets tool. |
Timesheets |
Press this button to display existing timesheet for this vacancy. |