Placement Commissions Calculations
This article explains how Bullhorn calculates each field on the Commissions tab of a placement record.
How Each Field Is Calculated
| Field on the Commissions Tab | Calculation / Where It Pulls From |
| Bill Rate (clientBillRate) & Pay Rate (payRate) | Pulls directly from the same fields on the Placement record. |
| Mark-up | Bill Rate - Pay Rate |
| Mark-up percentage (markUpPercentage) | Mark-up / Pay Rate |
| Hourly Burden | Pay Rate x Burden Rate |
| Hourly Workers' Comp Cost | Pay Rate x Worker's Comp Code Rate. For more information view Managing Workers' Compensation Codes. |
| Hourly Referral |
Pulls from the Fee Type field in the 3rd-Party Vendor Referral Costs section on the candidate's placement record.
|
| Additional Hourly Cost |
Pulls from the value listed in the Other Hourly Costs field on the candidate's placement record.
|
| Standard Hourly Cost | Pay Rate + Hourly Burden + Hourly Referral + Additional Hourly Costs |
| Hourly Gross Margin/Profit | Bill Rate - Standard Hourly Cost - Hourly Worker's Comp Cost = Hourly Gross Margin |
| Internal Commissions | Displays the names of the recruiters (candidate owner) and sales reps (job owner) involved in making the placement |
| External Commissions | Can be used as a reference for non-Bullhorn users or, if applicable, people outside of your company |
| Split |
The percentage of the recruiting or sales commission the individual will receive. Bullhorn defaults each Split % to 50%, but you can change that value by typing a new one into the field on the individual record. The default Split % can be customized by the Bullhorn Professional Services team. Contact Bullhorn Support for a quote. |
| % of Gross Margin | The percentage of the hourly gross margin the recruiter or sales rep will receive |
| Hourly Commission |
(Hourly Gross Margin x % of Gross Margin) x Split |
Customizing Commissions Attributes
To change the internal commissions attributes described above, see Customizing the Placement Commissions Tab.