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hey guys whats going on i wanted to create another video i got some good feedback on my last one so i wanted to create one about a common question that i get on the phone when im working with recruiters which is a question on how to set the proper bill rate uh if youre a direct hire firm and youre doing contract staffing for the first time or this is just the first time you have a contract opportunity in general its an easy way to set the bill rate so that you know that youre competitive uh and also that youre accurate so lets say you know that the candidate youre working with typically would make 50 000 and they want something comparable to that number in order to get an hourly pay rate since youre going to be working on contract you would divide that 50 000 by 2080 hours and that would be the amount of workable hours in a year given two weeks of vacation time so you take that and thats the pay rate right and so if you divide fifty thousand dollars by twenty eighty you get