Staffing Glossary
Gross Margin
The spread expressed as a percentage of the bill rate: (bill − pay) ÷ bill.
Gross margin is always a lower number than markup for the same spread, because it divides by the larger figure (bill rate) instead of the smaller one (pay rate). A 50% markup is only a 33.3% margin.
Put it to work:
Run the Whole Vocabulary in One Platform
Bill rates, margins, placements, and payroll, all in one system at $0 recruiter seats.