Legal Billing Terms & Rates Clause

The Client agrees to pay the Agency for staffing services based on the specific hourly Bill Rates established in the executed Job Order. All Bill Rates are calculated using a fixed contract markup applied directly to the candidate's agreed-upon hourly Pay Rate. For light industrial and logistics placements, the standard markup is set at 37.5%, establishing a true multiplier of 1.375 times the base Pay Rate.

The established Bill Rates cover base wages, statutory payroll taxes (including FICA, FUTA, and SUTA), and standard workers' compensation insurance. The Agency reserves the right to adjust Bill Rates proportionately to reflect any government-mandated increases in federal, state, or local minimum wages, payroll tax percentages, or certified insurance class risk ratings within thirty (30) days of statutory enactment.

In accordance with the Fair Labor Standards Act (FLSA), any hours worked by an assigned candidate in excess of forty (40) hours during a single standard workweek will be billed to the Client at 1.5 times the standard hourly Bill Rate. Client authorization, whether verbal, written, or implied by facility shift scheduling, is required for all overtime hours logged.

[1] https://www.lawinsider.com

Invoices are compiled weekly based on certified timesheets submitted by the Client's onsite supervisor. All invoices are due and payable strictly within Net 30 days from the invoice issuance date. Past-due balances will accumulate finance charges at a rate of 1.5% per month, alongside any legal or collection agency fees incurred during recovery.

The Client agrees not to directly employ, contract, or utilize any candidate introduced by the Agency for a minimum period of 520 active clock hours on assignment. If the Client elects to permanently hire an assigned candidate prior to the completion of 520 hours, the Client agrees to pay a liquidation conversion fee calculated as follows: