Overview
Service Providers agree to a rate when they complete and sign the Independent Service Provider Agreement. These rates are effective for a minimum of one year.
Service Providers may request a rate increase after the first year of the signed agreement and the Area Manager will decided based on the following process.
Process
When a Service Provider requests a rate increase, the Area Manager will evaluate the Service Provider based on the following criteria:
- Current rates compared to the state or MSA average
- The Service Providers average severity to goal for the last 6 months
- Length at the current rate
- It is recommended a minimum of 3 years at the current rate before an increase should be considered
Additional Criteria to Consider
- If current rates are above the average
- BUT severity is above goal, the request should be denied
- BUT severity is in line with or below goal, the request may be considered
- If current rates are in line with the average AND severity
- Is in line with or below goal, the request may be considered
- Is above goal, the request should be denied, and a business review should be scheduled to determine reason for the high severity
- A request to increase the rates may be resubmitted once the severity is back in line for at least 3-6 months
- Severity that is currently in line may become out of line with an increase in rates and should be considered when making the determination
- Increased rates should not exceed 20% for time & material or 10% for flat rate
- If approved or denied, the Area Manager will communicate the decision to the Service Provider
- Create a Service Provider Profile update in Salesforce including rate change and effective date in comments
- Upload rate change form to Plus One
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