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Pass-Through Services
What are Pass-Throughs? A Pass-Through is a candidate sourced by someone other than COMTEK for a client, and
that candidate becomes a COMTEK consultant.
As a client, COMTEK Group pass-through services allow you to outsource insurance, billing and payroll services for independent
consultants working directly for your organization.
As a consultant, COMTEK Group pass-through services eliminate the hurdle of expensive insurance coverage required by your
client.
Benefits of COMTEK Group’s pass-through program to both the client and the consultant include:
- Insurance coverage – Many firms require both Common General Liability and
Professional Liability Insurance of the independent consultants they hire. Consultants can avoid expensive insurance costs by passing through COMTEK Group to
comply with insurance requirements imposed by such firms
- Contract administration – Clients and consultants eliminate extra administration time
and expenses associated with contract negotiations and optimize the contract renewal process.
- Invoicing and timesheets – Clients reduce accounting expenses and administration overhead by
streamlining timesheet collection and invoice submission processes.
- Single point of contact – COMTEK Group provides a single point of contact for
all inquiries related to independent consultant contracts, invoices, timesheets and payment. The burden to the client of managing many independent consultants'
billing and contract maintenance is thus, alleviated.
- Payment – COMTEK Group sets up all independent consultants
to receive electronic funds transfer (EFT) payments directly into their bank accounts.
- Compliance – Both clients and consultants ensure proper
regulatory compliance.
- Consistency – Clients are issued standard contracts,
timesheets and invoices in a consistent format.
- Competitive rates – COMTEK Group's rates for pass-through
services are extremely affordable.
- ConsistencyThe Pass-Through Consultant pricing
proposal is the “burden + margin” model.
- ConsistencyThe burden is a fixed cost at 20% of the
consultant’s pay rate, and includes all taxes [FICA, FUDA, SUDA, Medicare], insurance [Workers’ Compensation], payroll processing [semi-monthly payments and
record keeping], and 75% of the consultant’s employee benefits.
- ConsistencyThere is no burden associated with
any consultants who bills COMTEK on a “corp. to corp.” basis. In that instance the only cost to the client is the pay rate plus the margin.
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©COMTEK Group 2001, 1565 North Central Expressway, Suite 200, Richardson, TX 75080 * Voice 972-644-6600 Fax 972-644-6602 |