| |
A Sr. Financial
Analyst in Los Angeles - CA has a current average base market
value of $74075 per year. Half of these Sr. Financial Analyst
records are priced between $67126 and $85714.
| |
|
| Sr. Financial Analyst |
25th % ile |
50th % ile |
75th % ile |
| Los Angeles - CA |
67126 |
75572.98 |
85714 | |
Compared
to National Average |
|
| Market
Trend |
| May 04 |
$80551 |
| Jun 04 |
$70371 |
| Jul 04 |
$72628 |
| Aug 04 |
$74885 |
| Sep 04 |
$77143 | |
| | |
| Hourly
Wage |
As
an employer, when you utilize hourly contingent labor you will
work with a Bill Rate that a Supplier or Independent
Consultant is charging you. The Bill Rate is comprised of:
Pay Rate (Amount the worker gets) Markup (Supplier
costs and profit) Bill Rate (what you pay, a combination
of Pay Rate & Bill Rate) | |
|
|
A Sr. Financial
Analyst in Los Angeles - CA has a current average market value
of $48.80 per hour. Half of these Sr. Financial Analyst
records are priced between $44.41 and
$54.73. | |
|
| Sr. Financial Analyst |
25th % ile |
50th % ile |
75th % ile |
| Los Angeles - CA |
44.4061 |
49.5696 |
54.7331 | |
| Compared to National Average |
|
| Market Trend |
| May 04 |
$53.29 |
| Jun 04 |
$46.36 |
| Jul 04 |
$47.32 |
| Aug 04 |
$48.29 |
| Sep 04 |
$49.26 | |
| | |
| Markup
What is Markup? Markup is comprised of the Supplier’s Costs
& Profit. Supplier costs vary by State and type of worker
that is engaged (W-2, or Contractor). Detailed here is the
Market Markup Average as well as a breakdown of the Costs
& assumed profit for Suppliers in the location you
selected.
Average Market Markup for Los Angeles - CA:48
Other Variables: Health
Insurance: Some suppliers offer their employees
benefits such as subsidized health insurance. Paid Days
Off : Some suppliers offer their employees paid time
off. Each paid day off can increase the Supplier’s markup by
.5% - 1%. |
Markup
Breakdown:
| Supplier
Costs (Tax Obligations) |
Averages
|
SUI -
State Unemployment Insurance This
represents the amount the Supplier contributes to the
state’s unemployment insurance fund. Percentages vary
based on the Supplier’s employment history. The fewer
unemployment claims, the lower the percentage.
|
3.50
|
Social
Security EE/ER Deduction: 6.2%Maximum Deduction:
$5,449.80 Federal Limit: $87,900 of taxable incomeThe
Supplier’s contribution to Social Security ceases when
the employee’s wages reach this level. Self Unemployment
Tax: 12.4% If the consultant is self-employed (1099/IC)
they contribute 12.4% of their income. This
represents the amount the Supplier contributes to the
state’s unemployment insurance fund. Percentages vary
based on the Supplier’s employment history. The fewer
unemployment claims, the lower the percentage.
|
6.2
|
FICA
- Medicare EE/ER -Deduction: 1.45%The Supplier
contributes 1.45% of every dollar paid to the employee.
There is no limit on taxable wages. Self Unemployment
Tax: 2.9%If the consultant is self-employed (1099/IC)
they contribute 2.9% of their income. |
1.45
|
FUTA
- Federal Unemployment Tax Percent of Taxable
Wages: 6.2%The Supplier’s contribution to FUTA ceases
when the employee’s wages reach $7,000. Maximum Credit:
5.4% Normal Net Tax: .8% |
6.2
|
| Supplier
Profit Estimate |
Industry
Norm Average: The industry norm average for
Supplier Profit is based On items listed I this section.
The default is 20%. Length of Assignment:Supplier
markups can vary based upon the length of the
assignment. A short-term assignment can result in a
higher markup because the Supplier has less time to
recoup their recruiting costs. A long-term assignment
can result in a lower markup. Conversion Fee Policy:
Suppliers may charge a fee if you company hires a
consultant full-time. This “temp to perm” conversion fee
can range from 0% - 25% depending oh the supplier and
the number of days the temp was employed by the agency.
% of Business A Supplier may lower their markup in
exchange for being a Primary Vendor or having an
increased volume of your company’s spend. Payment
TermsCompany’s that pay their Suppliers a long time
after they have been invoiced may be charged a higher
markup to compensate for the cist of funds. |
31
| | |
Bill
Rate What is Bill
Rate? The Bill Rate Is the amount you pay a Supplier per
billable hour. The Bill Rate is a combination of Pay Rate and
Markup.
A Sr. Financial
Analyst in Los Angeles - CA has a current average BillRate
value of $72.25 per hour. Most of these Sr. Financial Analyst
records are priced between 67.15825 and 76.63995.
| |
|
| Sr. Financial Analyst |
25th % ile |
50th % ile |
75th % ile |
| Los Angeles - CA |
67.15825 |
76.63995 |
79.52332 | |
| Compared to National Average |
|
| Market Trend |
| May 04 |
$70.10 |
| Jun 04 |
$68.63 |
| Jul 04 |
$69.61 |
| Aug 04 |
$70.59 |
| Sep 04 |
$71.57 | |
| | |
1. Houston 2. Chicago
3. Atlanta 4. Charlotte 5. San Antonio
|
1. Philadelphia 2. Los
Angeles 3. Boston 4. Chicago 5. Atlanta
|
This data is provided
as-is and nextSource, Inc makes no warranty, either expressed or
implied, including but not limited to warranties of correctness and
fitness for a particular purpose. In no event will nextSource, Inc
be liable for indirect, special, consequential or other damages
however caused. |