FAQ: Why are the contractors from NZexperts cheaper than at any agency?

Clients pay optimal rates as relationships between contractors and clients are direct and remove the need for an expensive agent to act as a 'broker'. On an equivalent turnover this compares very favourably to fees charged by an agent of 10% to 40%. Clients can also directly compare contractors' rates against others available on the market at a time. On the other hand, contractors enjoy a higher workload rate resulting in an increasing annual income.

The following example (a programmer with 60% workload) shows how utilisation and hourly net income can improve:


Example Calculation

Conventional

with NZexperts

Acquisition expenses (p.a.):

800 hours

100 hours

Time on project (p.a.):

1,200 hours

1,900 hours

Total (p.a.):

2,000 hours

2,000 hours

Hourly rates:

NZD 80.00

NZD 60.00 (-25%)

Gross income (p.a.):

NZD 96,000

NZD 114,000

Expenses for acquisition:

NZD 3,000 (expenses)

NZD 1,140 (10 introductions)

Net income (p.a.):

NZD 93,000

NZD 112,860

Net hourly rate:

NZD 46.50

NZD 56.43 (+ 21%)

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