- Administrator
- The Administrator is the user within your organization who has extra capabilities when using The People Ticker. The Administrator can set Shared Job Titles, Disable Accounts, add Managers and Suppliers to the system and oversee the activity of all other users.
- Bill Rate
- The Bill Rate is the amount of money you pay the Supplier for a contingent resource. This is a combination of Pay Rate (what the worker gets paid) and a Markup, which is comprised of Suppliers costs & profit components.
- Category
- A category is a file folder. You may define categories in The People Ticker to help organize your Job Titles.
- Employer Market Report
- The Employer Market Report is a summary of market activity for a specific skill level for a Job Title.
- Engagements
- An Engagement is when your company utilizes a contingent (temporary) worker from a Supplier.
- Hiring Managers
- When using The People Ticker, anyone within your organization who acquires resources is labeled a Hiring Manager.
- Internal Rate Card
- An Internal Rate Card is your organization's Rate Structure. It is created by analyzing market rates, engagement type, and internal metrics. This card will define your negotiation targets to support your savings and retention strategies.
- Job Description
- A Job Description is what The People Ticker will use to search and analyze the market for pricing. The Job Description should detail the aspects of the position relating to necessary functions, certifications, software, industry experience etc.
- Job Title
- A Job Title is the name you give a Job Description.
- Label
- A Label may be used to name a rate card or region.
- Location
- The People Ticker will analyze the market locations within National, State, and Municipal levels. In addition, you may wish to define a Region that may contain one or more locations for ease of use.
- Managing Engagements
- Under Manage My Ticker, you can manage your Engagements by adding, editing, or deleting this data.
- Managing Job Titles
- Under Manage My Ticker, you can manage your Job Titles by adding, editing, or deleting this data.
- Managing Rate Card Labels
- Under Manage My Ticker, you can manage Rate Card Labels by adding, editing, or deleting this data.
- Managing Rate Cards
- Under Manage My Ticker, you can manage Rate Cards by adding, editing, or deleting this data.
- Managing Regions
- Under Manage My Ticker, you can manage Regions by adding, editing, or deleting this data.
- Managing Shared Job Titles
- This is an Administrator function only. In The People Ticker you can manage your Shared Job Titles by adding, editing, or deleting this data.
- Managing Submittals
- Under Manage My Ticker, you can manage Submittals by adding, editing, or deleting this data.
- Market Rate
- The People Ticker will show you Market Rate information for the Job Descriptions you analyze. Market rates are from multiple sources and give you visibility into the Pay Rate of the worker and the Markup and Bill Rate of the Supplier.
- Market Rate Card
- A Market Rate Card is a collection of one or more Market Rates you have searched using The People Ticker. By creating a Market Rate Card, you can easily monitor changes to this rate card to track changing market conditions for your Job Description.
- Markup
- When engaging contingent labor, the Markup will be added to the Pay Rate (what the worker gets) to generate a Bill Rate (what the Supplier gets). The markup is comprised of Tax obligations (costs to the supplier which can vary by state and type of engagement) Overhead Costs, and Profit.
- My Job Titles
- When using The People Ticker, any Job Title you add to the system can be found in your My Job Titles area. You may also review the Shared Job Titles Library to copy those titles into your My Job Titles area.
- Negotiation Worksheet
- The Negotiation Worksheet found in the Find A Rate section, will help you analyze a Bill Rate that a Supplier has submitted to you. Use this worksheet to identify the location of the engagement to see the Supplier's tax obligations (costs) and how the Profit component breaks down. Often you will find room to negotiate in the profit component. This worksheet can identify the Pay Rate that will result from negotiating the markup with the Supplier.
- Pay Rate
- This is found in the Advanced Analysis section. The Pay Rate is the part of the Bill Rate that goes to the worker. Bill Rate minus the Markup amount will result in the Pay Rate.
- Project Cost Estimate
- The People Ticker will let you define Project Teams so that you may generate an estimate of the labor component of that Project. This form will let you add Job Titles and estimate number of hours and resources necessary.
- Region
- When using The People Ticker search forms, you will find that you must select a location for your searches. For ease of use, you can define a Region so that you have only one click when selecting locations. You may also wish to combine locations for your organization into one Region. For example, you may have locations in San Diego, CA and Los Angeles, CA that you may want combined into a Region labeled “Southern California”.
- Scheduled Search
- Need to research many Job Titles? Use this timesaving feature. Once you have entered your Job Titles into the system, use this feature to identify a location for the searches and a Rate Card to place the results. The system will do the searches for you and email you when the searches are complete. The result will be a Market Rate Card for the Job Titles you have specified.
- Shared Job Titles
- Your Administrator may identify certain Job Titles and Descriptions that each People Ticker user may utilize. To utilize this feature, go to the Shared Job Titles Area, and click the Copy link for the title and description you want. This will add the Job Title to your My Job Titles section.
- Submittals
- The People Ticker will capture your recruitment activity. By entering or importing your Submittals, The People Ticker can help you analyze your internal activity to the Market. You will be able to compare your submittals averages to the market, your internal rate cards, and your engagements.
- Supplier Costs & Profit Worksheet
- If you have pre-negotiated markups with suppliers, use this form to detail those markups so that the markup amount is available to you when creating Rate Cards. If you are trying to determine a Markup for one or more suppliers, use this form to research and define the Markup structure.
- Suppliers
- The People Ticker can monitor activity related to your Staffing Suppliers. By entering or importing your suppliers into The People Ticker, you can compare supplier activity to the market place.
- Variance
- When using The People Ticker to compare Market, Submittals, and Engagements, the variance will be the difference between the items you compare.
- Volume
- The People Ticker defines volume as the number of records matching your search terms.
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