Conversion Fee Calculator for Contingent Labor Agreements

 

A SIG Buy-side Member from the Biotech industry is seeking to benchmark conversion fees and scales with other practitioners responsible for the contingent labor category.

Given the current market conditions in the US, is this scale still appropriate, or would you recommend extending the current contracts beyond 3 months?

Current Contract Terms and Conversion Table for the US Labor Market: 

Questions for you: 

 1.In your opinion, is the conversion scale shown in the table above still appropriate given our current U.S. Labor market conditions? 

2.If not, would you recommend an extension of our current contracts (subject to this current scale)? If yes, for how long? 

3.Can you share a copy of any terms or calculators or scales you are currently using? 

 

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