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Pricing, fees, and terms
Pricing
How are the marketplace fees calculated?
How are the marketplace fees calculated?

Learn about our smart, market-based, dynamic pricing algorithm.

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Written by Hello
Updated over a week ago

The marketplace fee is charged to members organizations when they hire a consultant. It is calculated as a percentage of the consultant cost (consultant's daily rate x # of days). The marketplace fee is calculated based on the total cost of all completed consultancies on a monthly or quarterly basis and invoiced to your organization.
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Like most of the leading marketplaces we use a dynamic fee which is calculated based on a variety of market factors including:

  • Supply and demand market conditions: In low demand fees are lower, in high demand fees are higher. 

  • Annual LOE per member organization: the more LOE an organization uses, the lower their fee will become.

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