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Hubstaff tracking consultant time and action itemsFind out people who are efficient in their skills and move them into fixed bidFixed bid agreementOnce we have clear specification or requirement, we can move to fixed bidFixed bid agreement + VariablesGet into areas there are risk and reward on both sideFixed bid + Service agreementThey are result focused. We can grow with themSLA agreementSalary basedSalary + BonusBenefit packageEncourage them start their own project and own the companySalary basedSalary + BonusBenefit packageEncourage them start their own project and own the companyPeople who lead a project from clientBe able to run their own team
SalaryBonusProfit Sharing with the projectEncourage them to build their own team and do budget on their own teamPeople who start their own projectDisciple in their personal growth.Invest in their professional growth.People who would take risk in starting business/project in the vision of the companyAllow them to partake on company ownership. Reinvest their $ in the company.. it needs to have #1 and #2People who grows personallyPeople who can bring growth to companyDisciple in their personal growth.Invest in their professional growth.Allow them to partake on company ownership. Reinvest their $ in the company.. it needs to have #1 and #2
Talent Rank
Talent Rank
Talent Type
Talent Types
Description
Pay Type
Type
How we pay
Strategy
Consultant
Project - Time based consultant
Fee is based on agreed day or hourly rate. Billing is for what the exact amount of time worked plus any material expenses. Different resource grades typically attract different rate.
Daily or Hourly rate
Part Time
Consultant
Project - Fixed bid consultant
Fee is based on total days estimated effort, then the addition of markup (Cost Plus) or a fixed sum (Value based). The client pays the same fee regardless of how much effort you expend
Fixed Bid
Part Time
Consultant
Project - Risk/Reward consultant
The client agrees to pay a base fee, plus a risk/reward element based on the outcomes achieved. The risk/reward element can be fixed or variable, and it can be based on elements of project tolerance (Time, cost, Scope, Risk, Quality, Benefits), or it can be specific project outcomes. The risk element eats into your profit on the project
Fixed + Variable
Part Time
Consultant
Retainer - Service (Recurring Revenue)
A fixed fee, paid annually or monthly. The model secures your availability to the client. It is on a ‘use it or lose it’ basis. There may be provision for additional fees on a T&M basis
Fixed + (Variable)
Part Time
Staff
Half Time staff
People take on a role in the company with half time. Needs to move together with company’s vision and strategy
Salary + Bonus + Benefit Package
Half Time
80 - 20 principle
Staff
Full Time Staff
People take on a role in the company with half time. Needs to move together with company’s vision and strategy
Salary + Bonus + Benefit Package
Full Time
80 - 20 principle
Staff
Project Account Manager
Salary + commission
Full Time
Staff
Project Leader
People start their own project
Salary + commission + Equity Sharing
Full Time
Staff
Long Term Growing Employees
Allow Employee to partake on company ownership. Reinvest their $ in the company.
Salary + Commission + Stock Sharing
Full Time
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