Bench Cost: What It Is, How to Calculate It, and How Staffing Companies Can Reduce It
Consultant utilization directly affects the profitability of staffing firms. A company can end up continuing to pay a consultant’s salary, benefits, payroll costs, insurance, and other employment-related charges even when that consultant isn’t allocated to a billable client project. That cost has a name: bench cost. A small gap between assignments is often unavoidable. Client […]
Bench Cost: What It Is, How to Calculate It, and How Staffing Companies Can Reduce It Read Post »
