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View All NewsWord of the month: Markup
May 08, 2018
“Markup” is defined by Staffing Industry Analysts’ online Lexicon of workforce solutions ecosystem terms as the percentage added to the temporary employee’s hourly pay rate to reach the bill rate. For example, a $15 bill rate and a $10 pay rate would compute to a 50% markup.
As the ecosystem evolves, SIA’s mission is to keep the language current for professionals in the space.