Gross Margin

General Employer
June 9, 2015
Joint Employment
June 9, 2015
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Gross Margin

The difference between the bill rate for the temporary services and the direct costs of employment (pay rate plus mandatory benefits such as workers’ comp, unemployment insurance, employer’s share of FICA and state or local taxes and optional benefits) for each temporary employee on assignment. A company’s gross margin is the difference between its total billings and its direct employee costs.