What is an Assignment Rate?
An Assignment Rate is an uplifted hourly rate paid by the recruitment agency to Exceed Contracting.
It is not the rate that the Contractor would receive, as it includes Exceed's margin.
It is not the rate that your Candidate would receive, as Exceed will need to deduct the following to calculate their Gross Salary:
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Employment costs such as Employer’s NI and the Apprenticeship Levy.
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Holiday pay and related employment costs, if holiday pay is accrued.
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Exceed’s margin per weekly timesheet.