What is the management fee?

Our 10% margin

The people4business Limited management fee is set at a margin of 10% and is included in the Sellers’ hourly rates that are published on the site.

This industry-beating margin is significantly lower than contracting and consulting agencies, and ensures that rates on all the people4 sites – including people4business, people4charity, people4web2 and people4engineering – stay very competitive.

The calculation

Our management fee is 10% of the hourly rate published on the site. The published rate is calculated by dividing the seller’s hourly rate by 0.9.

What we do for our fee

people4engineering provides invoicing, credit control, contracts, timesheets, marketing, development and customer services for this fee – as well as a guarantee to Sellers that they will be paid for contracts they gain through people4engineering, no matter when people4engineering is paid by the Buyer.

Buyers benefit from:

• full customer service support;
• free registration and searching;
• contract management; and
• access to a nationwide database of Sellers..

Sellers benefit from:

• full customer service support;
• invoice management and credit control;
• free registration;
• contract management; and
• access to Buyers throughout the UK.

Cost transparency

We believe in absolute transparency of cost – so Buyers and Sellers know exactly what rates are being charged in their market.

Seller rates on people4 sites

All hourly rates that you see on people4 websites include our 10% management fee, so there are no hidden costs to Buyers.

Last updated 14.11.08