Payroll funding is the act of selling your accounts receivable for cash up front. Also known as invoice factoring, it is a form of financing specifically designed to help staffing…
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A measure of profitability that tells the proportion of revenue that will eventually become profit for a company. The formula for calculating operating margin is Operating Income divided by Revenue….
When analyzing staffing firms, Operating Income is regarded as a good measure of ongoing business performance as it calculates profit before items such as taxes and other indirect costs are…
In a staffing context, the Middle Office is part of the tech stack used to underpin the services of a Staffing Firm. The Middle Office is usually where timesheet and…
Staffing agency bill rates that are capped at a maximum level by job title, agency, or geography. Candidate pay rates are determined by the agency. Also known as “not to…
A contract reached between parties, in which the parties agree to most of the terms that will govern future transactions or future agreements. It is also sometimes referred to as…
