Administrative Fee

The additional fee charged to a client (subscriber) by an MSP or a VMS service-providing organization to cover selling, general and administrative costs for administering the contingent worker program (defined as “Operating Costs” in Europe) over and above the costs of contingent worker salary, taxes and benefits provided. This fee is usually expressed as a percent of bill rate and often, but not always, passed on to the suppliers within the program.

Source: Staffing Industry Analysts

  • Share/Bookmark