Bond Patrick Ltd
Contractor conversion fee calculator
Calculates the applicable placement fee to convert a contractor to a permanent hire, adjusted for part-time hours.
Fee schedule
| FTE-equivalent months | Fee rate | Fee on $120,000 |
|---|
Minimum fee: 10% of first-year base salary, regardless of tenure. For part-time arrangements, FTE-equivalent months are calculated by adjusting calendar time proportionally to hours worked. All fees are due within 30 days of the contractor’s permanent start date.