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KFORCE.COM - 2002
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KFORCE.COM - 2002
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Last modified
1/3/2012 2:42:33 PM
Creation date
3/21/2006 10:12:15 AM
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Contracts
Company Name
kforce.com
Contract #
N-2002-014
Agency
Public Works
Expiration Date
1/31/2003
Insurance Exp Date
1/1/2003
Destruction Year
2011
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<br />- <br /> <br />kforce.com <br />CONVERSION PLACEMENT FEE SCHEDULE <br /> <br />(A) Our conversion placement fee schedule is based upon our nOffilal full permanent placement fee schedule one <br />percent (I %) for each one thousand dollars of annual compensation to a maximum fee of 30% of the annual <br />compensation. <br /> <br />PERi\IANENT PLACEMENT FEE SCHEDULE <br /> <br />COi\'1PENSATION <br /> <br />FEE <br /> <br />o to 522,999.99 <br />523,000 to 523,999.99 <br />524,000 to 524,999.99 <br />525,000 to 525,999.99 <br />526,000 to 526,999.99 <br />527,000 to $27,999.99 <br />528,000 to 528,999.99 <br />$29,000 to $29,999.99 <br />530,000 M'D ABOVE <br /> <br />22% OF ANNUAL COMPEN5A TION <br />23% OF ANNUAL COMPEN5A TION <br />24% OF A.I\1NUAL COMPENSATION <br />25% OF ANNUAL COMPEN5A TION <br />26% OF ANl'.'UAL COMPENSATION <br />27% OF ANNUAL COMPENSATION <br />28% OF ANNUAL COMPENSATION <br />29% OF ANNUAL COMPENSATION <br />30% OF AJ"JNUAL COMPENSATION <br /> <br />(B) We are pleased to offer reductions in this fee for conversions based on the number of billable hours worked <br />by our temporary employee as follows: <br /> <br />Billable Hours Worked <br /> <br />Reduction from Full Fee <br /> <br />0-250 <br /> <br />No Reduction <br /> <br />251-400 <br /> <br />15% Reduction <br /> <br />401 - 550 <br /> <br />25% Reduction <br /> <br />55l + Above <br /> <br />30% Reduction <br /> <br />(C) For part-time employees, the fee will be based on a forty (40) hour work week and then be multiplied by the <br />percentage of the 40-hour work week that the employee works. <br /> <br />Example: <br /> <br />The fee for a part-time accounting clerk to be engaged by the client at a pay rate of <br />$IOfhour for 30 hours per week after having completed 300 hours of temporary <br />employment will be calculated as: <br /> <br />510.00 x 40 hours per week = $400.00 per week; <br />$400.00 x 52 weeks per year = 520,800.00 annualized. <br />Full time fee = 520,800 x 22% = 54,576.00 <br /> <br />- <br />Part-time fee + $4,576 x 30/40 = $3,432.QO <br />Less 10% reduction per (B) above = 53,088.80 <br /> <br />TERMS: NET DUE UPON RECEIPT <br />
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