Now let’s put the numbers into the formulas.
Working on a Lilly Temporary Contract Assignment through Real Soft Inc.?Īccess and submit your weekly time sheets on this site using the username and password you created when registering. The formulas you need are as follows: Bill Rate Pay rate (1+Mark-up) Direct Cost of Labor Pay rate (1+Burden rate) Gross profit margin Bill Rate Direct Cost of Labor.
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