What is “Bill Rate” and “Pay Rate”?

What is Bill Rate?

Bill rate is the rate a client pays a staffing firm for the services of a temporary worker. The bill rate consists of two parts: the pay rate, which is given to the worker; and the markup, which is given to the staffing agency.

What is a Pay Rate?

The pay rate is the amount paid to a contingent worker by the staffing agency. Pay rates play a significant role in candidate retention, resource quality, and time to fill.