Don't Make This Mistake Unless You're Satisfied With Second-Rate Talent
A rate card is a rate or range of rates for a given position or skill set. Although it can be effective for some unskilled service categories, such as administrative/clerical, it is too limited for highly skilled or specialty positions. In these cases, a market-pricing mechanism, such as
In the world of manufactured goods, companies dealing in large volumes can often gain efficiencies in cost or time savings. Economies of scale make it possible. For example: if a company produces T-shirts, as its volume increases, its cost to manufacture each T-shirt decreases. The set-up costs will be amortized over the larger number of units, the materials themselves can be purchased in bulk — potentially saving on...
Why Bigger Isn't Necessarily Better When Purchasing Services
![Contingent Workforce Mar 15, 2014 Why Bigger Isn't Necessarily Better When Purchasing ServicesIn the world of manufactured goods, companies dealing in large volumes can often gain efficiencies in cost or time savings. Economies of scale make it possible.For example: if a company produces T-shirts, as its volume increases, its cost to manufacture each T-shirt decreases. The set-up costs will be amortized over the larger number of units, the materials themselves can be purchased in bulk — potentially saving on...](_blank...
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