There is one glaring error in the wiki article, however.
In order to pay the employee, the staffing firm is paid by the worksite company at an agreed upon bill rate, which can be 50 to 100 percent higher than the pay rate.
I know for a fact it's usually more like a 100%-200% markup on the labor the resell. And as far as I'm concerned that's all these consulting firms really are: resellers of MY
services. Most don't have ANY
technical experts on the payroll at all. They're companies full of headhunters and nothing more.