Finance

Bill Rate Calculator (Staffing)

Calculate the client bill rate needed to achieve your target margin after pay rate and burden costs.

Taxes, benefits, insurance, PTO
Margin on the bill rate (not markup)
Formulas:
Loaded Cost = Pay Rate × (1 + Burden%)
Bill Rate = Loaded Cost / (1 − Margin%)
Markup% = (Bill Rate − Loaded Cost) / Loaded Cost × 100
Spread = Bill Rate − Loaded Cost

Staffing Rate Components

Pay Rate: What the worker receives. Burden: Employer costs on top of pay (FICA 7.65%, FUTA, SUTA, workers' comp, benefits, PTO). Typically 20-35% of pay. Margin: The staffing agency's profit.

Margin vs Markup

A 30% margin on a $62.50 bill rate means the agency keeps $18.75. A 30% markup on a $43.75 loaded cost = $56.88 bill rate with only $13.13 margin (22.5% margin). Margin and markup are NOT the same.

Industry Benchmarks

TypeTypical MarginTypical Markup
Light Industrial18-25%22-33%
Administrative25-35%33-54%
IT / Technical25-40%33-67%
Executive / Professional30-45%43-82%