Hourly Labor Rates
The labor rates quoted are based on a wide range
of personnel availability and considers all factors including
experience, education and present location. The hourly labor rates
quoted are the average prevailing rates for the levels of expertise. In
servicing your needs, we are committed to delivering the most highly
qualified personnel at competitive rates.
Hourly Bill Rates
Billing rates quoted are computed from the hourly
labor rate. A markup percentage on the hourly labor rate equates to the
billable rate, Markup percentages include all payroll taxes, holiday,
vacation bonuses, Workman's Compensation, Liability insurance, and
Unemployment Compensation. Markup percentages also include Corporate
Operating expenses, such as accounting, recruiting, and administrative.
Overtime Labor Rates
Overtime labor rates are paid at 1.50 percent of
the labor rate. Degreed engineers are exempt from overtime pay. Overtime
is generally paid after 40 hours in a work week.
Overtime-Billable rates
Overtime-billing rates are computed from the
overtime pay rate. A markup percentage of 1.35 to 1.50 is computed on
the overtime pay rate to establish the billable overtime rate."
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Time Cards/Billing
TPG Oil, Gas & Energy, Inc. personnel are paid on
a weekly basis and are required to submit a time card with client
signature, verifying hours worked. Time cards are then attached to the
invoices, and processed weekly.
Per Diem
TPG Oil, Gas & Energy, Inc. personnel are paid a
daily per diem when on assignment more then 50 miles from their
permanent residence. Employees who do not sign and certify eligibility
will not be paid per diem. Per Diem is not billed the client.
Holiday and Vacation Bonus
Holiday and vacation bonus are offered to the
employees all-inclusive in their labor rate. Employees have the option
of breaking out holiday and vacation pay from their rate and receiving
it as it falls on the calendar. There are six holidays paid and 1-week
vacation after 2080 hours.
Benefits
TPG Oil, Gas & Energy, Inc. offers several benefits including a group
health plan for employees and qualified dependents, a 401K plan,
short-term disability as well as a section 125 flexible spending
account.
Permanent Placement Billing
Permanent placements are billed after guaranteed
period of 30 days has elapsed. |
