Hourly Positions
For hourly roles, placement fees are calculated using the following formula:
Hourly Wage Γ 2,080 (the average number of work hours in a year)
This ensures consistency in fee calculations for both hourly and salaried positions.
Commission-Based Positions
For commission-based roles, the placement fee is determined based on the higher of the following:
The base salary, OR
The high end of the expected first-year commission listed in the JobCast.
This approach ensures that agency compensation aligns with the true earning potential of the role.